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Mining Production

Oil shock could push mining costs sharply higher: BMO

By Mining.com March 13, 2026 Bearish
Oil shock could push mining costs sharply higher: BMO
If crude hits $100 a barrel, mining costs could rise about 20% for iron ore, 16% for copper and 9% for gold.
If crude hits $100 a barrel, mining costs could rise about 20% for iron ore, 16% for copper and 9% for gold.
Topics: oil pricesmining costsgoldcopperiron ore