Currently viewing Global edition

AngloGold lowers costs, debt

Solid production and lower costs have helped drive a 15% year-on-year reduction in net debt for AngloGold Ashanti (JSE:ANG).

AngloGold lowers costs, debt AngloGold lowers costs, debt AngloGold lowers costs, debt AngloGold lowers costs, debt AngloGold lowers costs, debt

Major contracts for Obuasi in Ghana have been awarded

AngloGold produced 851,000 ounces of gold at total cash costs of US$722 per ounce in the September quarter, compared with 853,000oz at total cash costs of $743/oz in the same quarter of 2017 after