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AngloGold Ashanti Limited (AU)

NYSE - NYSE Delayed Price. Currency in USD
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14.97-0.37 (-2.41%)
At close: 04:00PM EDT
15.00 +0.03 (+0.20%)
After hours: 06:10PM EDT
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  • Reuters

    AngloGold Ashanti CEO sees inflation pressure easing next year

    JOHANNESBURG (Reuters) -AngloGold Ashanti's CEO expects inflationary pressures to ease next year, he said on Friday after the miner joined rivals in reporting a hit to half-year profit and forecast that costs would be at the top end of guidance this year. Lower commodities prices in 2023 are likely to bring the company's costs inflation down to a single-digit percentage from a peak of about 13%, Chief Executive Alberto Calderon told Reuters. The South Africa-based gold miner reported first-half production up 3% year on year at 1.233 million ounces and said production would increase in the second half to meet 2022 guidance of between 2.55 and 2.8 million ounces.

  • Reuters

    UPDATE 5-AngloGold Ashanti CEO sees inflation pressure easing next year

    AngloGold Ashanti's CEO expects inflationary pressures to ease next year, he said on Friday after the miner joined rivals in reporting a hit to half-year profit and forecast that costs would be at the top end of guidance this year. Lower commodities prices in 2023 are likely to bring the company's costs inflation down to a single-digit percentage from a peak of about 13%, Chief Executive Alberto Calderon told Reuters. The South Africa-based gold miner reported first-half production up 3% year on year at 1.233 million ounces and said production would increase in the second half to meet 2022 guidance of between 2.55 and 2.8 million ounces.

  • Zacks

    New Strong Sell Stocks for July 25th

    AU, AIR, and AIQUY have been added to the Zacks Rank #5 (Strong Sell) List on July 25, 2022.

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