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AngloGold Ashanti well and truly on the comeback trail

THE world’s third-largest gold producer AngloGold Ashanti has posted adjusted earnings of $US294 million ($A290 million) during the fourth quarter after operations in South Africa, Argentina and Guinea recorded strong performances and cash flows improved following an elimination of its hedge book.

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AngloGold Ashanti well and truly on the comeback trail

The result represents strong growth in underlying profitability given the previous quarter’s adjusted headline earnings of $303 million were boosted by a once-off credit of $84 million. For the year,...

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