Output rises 5% quarter on quarter while total cash costs fall 8% as group continues to battle Covid-19 disruption
AngloGold Ashanti, the world’s third-largest gold miner, says it is seeing the benefits of its new operating model in terms of costs and production, expecting further benefits from its organisational redesign.
In a production update for its third quarter to end-September, AngloGold said production rose 5% quarter on quarter to 613,000 ounces to end-September, while total cash costs fell 8%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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