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AngloGold guided for production of 2.80-2.86 million ounces - excluding its South African assets - with the bottom end of the range slightly higher than its previous target of 2.65-2.87Moz.
The figure excluded the South African assets as it anticipates the completion of a previously announced sale to Harmony Gold later this month after all conditions were met last week.
Expected all-in sustaining costs of US$1050-1100/oz were slightly higher than the pre-pandemic forecast of $1030-1090/oz.
Capital expenditure sits slightly below the previous estimate at $855-920 million.
The company said Cerro Vanguardia in Argentina, Serra Grande in Brazil and the South African operations had been restored to full operational capacity after pandemic-related suspensions.
The impact of the pandemic was 85,000oz, or about 3% of production, and $53/oz, or about 5% of AISC.
AngloGold's interim CEO Christine Ramon told attendees at the 2020 virtual Gold Forum Americas that the company would be reviewing its interim policy at year-end - a statement BMO analyst Raj Ray said indicated "potential for upside", given the company's steady balance sheet and strong gold price environment.
AngloGold's Australian CHESS depositary interests closed 5% lower at A$7.44 yesterday, valuing the company at $14.2 billion.
