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Soft quarter for AngloGold

ANNUAL guidance remains unchanged after Anglogold Ashanti’s March quarter yielded less ounces than in the December period, with the planned processing of lower grade stockpiles at the company’s Australian gold operations contributing to the reduced performance.

Andrew Hobbs
Soft quarter for AngloGold

The Australian operations (comprising Tropicana and Sunrise Dam) produced 127,000 ounces of gold during the quarter at a total cash cost of US$734/oz, down from the 149,000oz produced in the December quarter...

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