News and Updates

AngloGold's International Operations Offset Local Performance

2015-08-14 11:36:15

AngloGold reported second-quarter adjusted headline earnings of $26m‚ or 6c a share‚ for the three months to end-June compared with $35m‚ or 9c‚ in the same period a year earlier.

Adjusted earnings before interest‚ tax‚ depreciation and amortisation of $391m versus $372m a year ago and $402m in the previous quarter.

The gold price has been falling in the 46 months since September 2011‚ prompting AngloGold to sell operations‚ cut jobs and slash costs&[...]