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AngloGold endures difficult first quarter

Limited impact of COVID-19 on production but Obuasi ramp-up pushed back

Tom Hoskyns
The Mponeng gold mine, which AngloGold Ashanti has sold to Harmony Gold, is located in the West Wits mining district, south-west of Johannesburg, South Africa

The Mponeng gold mine, which AngloGold Ashanti has sold to Harmony Gold, is located in the West Wits mining district, south-west of Johannesburg, South Africa

Total gold production for Q1 stood at 716,000oz, down 5% year-on-year, while all-in sustaining costs (AISC) of $1,047/oz represented a rise of 4% year-on-year. Production losses sustained as a direct...

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