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Anglogold West Wits Operations Power Interruptions
Anglogold Ashanti Ltd. Provided a Company Update.
Quarterly Activities Report
Anglogold Ashanti Ltd. Announced its Financial and Production Results.
Quarter and SIX Months Ended 30June 2011Report
Anglogold Ashanti Limited has Reported Operating Production and Cost Performances in South Africa,Continental Africa and the Americas,Along With Full Exposure to the Record Gold Price Drove Marked Improvements in Earnings and Cash Flow Generation During the Second Quarter. Adjusted Headline Earnings Surged by68 % to a Record $342M,or89 US Cents a Share in the Three Months to 30June,Compared With$203 M,or 53US Cents the Previous Quarter.
Savuka Sale Offer
Savuka Sale Offer
Savuka Mine Update
Anglogold Ashanti Updated the Sauka Mine in South Africa Since a Series of Seismic Events Occurred Close to the Shaft Infrastructure at Savuka Mine on22 May. of Savuka’S Three-Shaft System,the Primary and Tertiary Shafts Have not Been Damaged. However,the SUB-Shaft Barrel Below 100 Level has Been Damaged,Together With Shaft Installations on 101 and 102 Levels – Which is the Main Infrastructure Supporting Savuka’S Carbon Leader Reef Production. Operational Staff are Assessing the Best way to Rehabilitate the SUB-Shaft Infrastructure and the Degree to Which Select Mining on the Ventersdorp Contact Reef at Savuka CAN Continue While This Work is Undertaken. There Will Only be a LOW Volume of Production From the Main Shaft Area for the Remainder of the Second Quarter. the Company Will Clarify the Impact of Production Losses at Savuka,Together With Additional Losses DUE to Other Safety Related Stoppages Experienced During the Quarter,Once the Production Quarter is Closed. Savuka Produced14 ,000Ounces in the First Quarter of 2009and66 ,000Ounces of Gold in 2008, Just Over1% of Anglogold Ashanti’S Production. the Company Will Also Update Annual Guidance With the Release of the Second Quarter’S Results on 31July 2009.
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