CAPITAL MARKETS

AngloGold beats cost and production guidance

ANGLOGOLD Ashanti has posted an improvement in free cashflow and a reduction in debt after beating its production and cost guidance for the June quarter.

Kristie Batten
AngloGold beats cost and production guidance

The company’s operations produced just over 1 million ounces of gold for the quarter at total cash costs of $US718 an ounce, beating guidance of 960,000 ounces to 1Moz gold at $770-820/oz. The headline...

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