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this post was submitted on 01 Jun 2025
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Futurology
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Gold mining is fairly expensive. According to this website, gold mining currently has a operating profit margin of 30%, while the average public company has an operating margin of 27%.
This lines up relatively well with this other dataset of US companies reporting 32% gross profit margins (go to the bottom of the page).
So it seems to me that gold mining isn't really that "special" compared other commodities.