AngloGold Ashanti reports progress in cutting costs, as it eyes more efficient model
Output rises 5% quarter on quarter while total cash costs fall 8% as group continues to battle Covid-19 disruption
08 November 2021 - 08:20
UPDATED 08 November 2021 - 15:39
In one of the first signs that a new operational redesign to lower costs and boost output under new CEO is bearing fruit, AngloGold Ashanti reported a drop in costs in its fiscal third quarter when production showed a slight increase.
“Doing the basics right, will help us realise production and cost improvements,” said Alberto Calderon, who was appointed at the beginning of September...
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