Expenditure distribution in gold mining by location of payments 2013
Distribution of gold mining expenditures of selected top companies in 2013, by location of payments*
This statistic shows the percent distribution of total expenditure by selected gold mining companies as of 2013, based on location of payments. During this year, 79 percent of total gold mining expenditures were dedicated to in-country-payments. That means the money stayed in the country where the gold was mined. The 2013 gold mining industry experienced a change as there was a great decline in gold prices and increased costs of input commodities such as diesel, which caused many gold operations to be unprofitable.
Distribution of gold mining expenditures of selected top companies in 2013, by location of payments*
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| Percentage of expenditure | |
|---|---|
| Total in-country payments | 79% |
| Payments to providers of capital | 8% |
| Other out-of-country payments | 13% |
Source
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