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AngloGold Q3 production rises 5%
 
2nd November 2009
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JOHANNESBURG (miningweekly.com) – Continued improvements at the Geita gold mine, in Tanzania, and fewer safety-related interruptions at AngloGold Ashanti’s Vaal River operations, have led to a 5% rise in production to 1,18-million ounces in the third quarter of the year.

“We continue to make breakthroughs in effecting the turnaround at Geita. We’ve also made some strong safety gains at our Vaal River operations, an area that continues to be our top priority,” CEO Mark Cutifani said in a statement.

The gold-miner’s adjusted headline earnings were $163-million, only slightly lower than the $167-million achieved in the previous quarter.

Edited by: Mariaan Webb

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