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AngloGold reaps benefit of slimlined portfolio

AngloGold Ashanti (JSE:ANG) had a strong March quarter, particularly at its Australian operations, despite asset closures and sales in South Africa.

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Sunrise Dam in Western Australia was one of AngloGold's shining stars in the March quarter

It produced 824,000 ounces of gold during the three-month period, down 0.7% year-on-year, although all-in sustaining costs dropped 3% on the year to US$1,029 per ounce.

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