AngloGold on track

THE world’s third-largest gold miner AngloGold Ashanti is set to achieve its original production guidance of 1.039 million ounces for the first quarter after clawing back 20,000oz in losses from its Sunrise Dam operation in Western Australia.

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However, total cash costs are expected to be slightly above its original guidance at $US706/oz ($A650/oz) compared to the $US675-$700/oz previously modelled.

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