CAPITAL MARKETS

AngloGold reports record profit

AFTER closing its hedge book last year, major miner AngloGold Ashanti has reported a record quarterly profit and increased its dividend but has been forced to downgrade its 2011 guidance.

Kristie Batten
AngloGold reports record profit

Profit jumped to $US457 million ($A451 million), up from $342 million in the June quarter and reversing a $1.2 billion loss from the same quarter of last year, while profit for the nine months to September...

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