Macro Finance
Agnico Eagle (AEM) Flags Diesel Risk to Gold Output Costs Next Year
Bloomberg Markets·October 29, 2026·1 min read
Agnico Eagle Mines Ltd. warned that rising diesel prices could raise gold production costs by up to $80 per ounce next year, signaling mounting inflationary pressures for the mining industry. The company flagged the risk as fuel costs continue to climb.
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