Precious metals miner AngloGold Ashanti says production was flat in its first quarter to end-March, but it is still eyeing a double-digit increase for its full year after leadership shake-ups aimed at getting more out of its assets and a ramp-up of production at Obuasi, Ghana.

The group, which exited SA in 2020, said first quarter production was flat year on year at 588,000 ounces, but it is pleased with total cash costs increasing only 4% year on year, which is below inflation...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.