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AngloGold joins gold miners boosting dividends

AngloGold Ashanti has delivered a near fourfold increase in free cashflow in the September quarter, allowing it to double its dividend payout ratio.

Staff reporter
The Obuasi mine in Ghana

The Obuasi mine in Ghana

Free cashflow jumped 290% to $339 million in the September quarter due to lower costs, lower capital expenditure and a 30% higher received gold price. The figure excludes the $200 million of proceeds...

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