AngloGold Ashanti has maintained its FY2019 gold production guidance of 3.25-3.45Moz at total cash cost of $US730-780/oz after strong gains in June qtr production and cash-flow helped it achieve first half output of 1.554Moz at $792/oz, compared to 1.578Moz at $807/oz in H1FY2018.
The company says Q2 output improved to 801,000oz, from 752,000oz in the March qtr. Free cash-flow of $78M compares with an outflow of $109M previously.
ANGLOGOLD TO MAINTAIN DISCIPLINE AS GOLD RISES - |