GOLD AND SILVER

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.

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

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. The company noted that output...

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