Gold Mining Break-Even Analysis
Calculate the minimum gold price needed for a mining operation to become profitable
Gold Mining Break-Even Calculator
Calculate the break-even gold price for a mining operation and determine the price needed to achieve a specific profit level. All financial inputs are in millions of US dollars (USD).
Understanding Break-Even Analysis for Gold Mining
Break-even analysis is a crucial tool for mining companies and investors to assess the economic viability of mining operations. It helps determine the minimum gold price needed for a project to cover all its costs without generating profit.
Formula: Break-even price = Total Costs (in USD) ÷ Total Gold Production (in ounces)
Total costs include operating expenses, sustaining capital expenditures, reclamation & closure provisions, and general & administrative costs. All financial inputs in this calculator are in millions of US dollars.
When evaluating mining companies, investors often look at the break-even price relative to the current market price of gold to assess the operation's margin of safety and profit potential.