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AngloGold Ashanti announces Q3 operating result

Nov 05, 2018 - Marketline Newswire

AngloGold Ashanti has announced solid third-quarter operating result, with steady production and a significant drop in costs helping drive net debt down by 15% year-on-year.

Production for the full year remains forecast for the top end of the guidance range, while costs are expected at the lower end. Production from retained operations, after stripping out the South Africa asset sales, was 851,000oz at a total cash cost of $722/oz for the quarter ended 30 September 2018, compared with 853,...