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|View AU Detailed Price Forecast - CNN Money||View AU Detailed Summary - Google Finance|
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AngloGold Sees Return to Profit as It Exits South Africa Mines
Posted on Wednesday August 01, 2018
AngloGold Ashanti Ltd. said it returned to profit in the first half after the world’s third-biggest producer of the metal realized better prices for its output and it exited some South African operations. AngloGold halved its South African output after selling the Kopanang and Moab Khotsong mines in February, following the closure of the TauTona mine announced last year. AngloGold’s South African mines have dragged down the company’s performance in recent quarters as aging infrastructure, reserve depletion and accidents have raised costs and reduced production.
Barrick Gold’s Production Growth Profile Is Declining
Posted on Tuesday July 31, 2018
Production growth is a crucial variable for miners. Barrick Gold (ABX) produced ~1.07 million ounces of gold in the second quarter, which reflects a decline of ~25.0% YoY (year-over-year). Barrick Gold (ABX) has maintained its production guidance of 4.5 million–5.0 million ounces of gold in 2018.
The 5 Worst Gold Stocks of 2018 (So Far)
Posted on Wednesday July 25, 2018
These gold stocks have been clobbered so far, but is the future any brighter?
Barrick Gold President Dushnisky quits, joins AngloGold Ashanti as CEO
Posted on Monday July 23, 2018
Canadian miner Barrick Gold Corp said on Monday its President Kelvin Dushnisky will step down and take the top job at South African gold producer AngloGold Ashanti Ltd. Dushnisky, who joined Barrick in ...