If you take a closer look at all those excerpts you posted, you will see a common denominator.Less production.

So, by the laws of supply and demand, should that not suggest that viable gold resources are getting very scarce and should warrant an increase in the POG? Their cash costs are not rising as much as exaggerated,they are running out of economical gold that supported their profit margins. As for Agnico and Barrick, Agnico had problems with the Goldex mine, that Probe holds a NSR on, and Barrick admits that their cost projections for some projects may have been to low. So, there are plenty other factors that are weighing in here and displaying it as costs is not the full and represented picture.

As for accounting, a balance sheet at times can be deceptive, if you merely take it as face value. The break down of the integral parts to source is left out in many financials that create the summary balance sheet.A full audit, down to origins is rarely done on companies and can sometime miss things if no red flags show up in mere summaries. Accounting today is done via programs that leave the basic math and derivatives considered as junk that no one really pays attention to. No, I know,little of accounting and auditing.

IMO