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AngloGold Ashanti, the world’s third largest gold miner, suffered a 10% drop in first-half earnings, hit by the combination of lower grades, Covid-19-related disruptions, higher costs and suspension of underground mining activities at the Obuasi Mine in Ghana after a fatal accident in May.

The shares dropped as much as 10%, the most since early November, to trade R252 on the JSE, giving AngloGold a market value of R105.5bn...

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