AngloGold Ashanti (AU) posted a decline in fourth quarter headline earnings today, to $294 million, compared to $303 million in the third quarter. Productions costs for the Johannesburg-based gold miner rose in the fourth quarter, to $672 per ounce, compared to $642 per ounce in the third quarter.
The price of gold is constantly changing but right now it's headed up.
Showing posts with label AngloGold Ashanti. Show all posts
Showing posts with label AngloGold Ashanti. Show all posts
Sunday, February 20, 2011
Friday, February 18, 2011
AngloGold all set for vigorous unhedged new-era liftoff
South Africa's gold major AngloGold Ashanti is set for a vigorous hedge-free liftoff into a new era that will see it generate billions of dollars of free cash flow, jack up its output well beyond the 4,5-million ounces of gold a year and bring self-discovered low-cost ounces to market at a time of bullish gold price outlook.
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