Anglogold Ashanti PLC (AU) has released an update.
AngloGold Ashanti PLC has reported a 2% increase in gold production for Q1 of 2024, maintaining its full-year production guidance despite setbacks from flooding in Western Australia. CEO Alberto Calderon highlighted the consistent performance and safety across operations, with particular improvements in Brazil and ongoing progress at the Obuasi mine in Ghana. The company aims to close the value gap with its North American peers by enhancing safety, costs, and cash conversion, and by extending the life of its mines.
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