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Site updated at 22 Aug 2008 01:06
JSE
211.24
2.04%
NYSE
27.70
5.68%
ASX
5.550
0%
Gold $/oz
832.55
0.23%
Gold R/kg
205113.64
0.08%
(All data delayed approx. 15 min)
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Welcome to AngloGold Ashanti
Report to shareholders
for the quarter ended 30 June 2008
FULL RESULTS
PRESS RELEASES
WEBCASTS & CONFERENCE CALL
PRESENTATION
Group results for the quarter...
Significant progress on safety on all fronts continues, including 110 fatality free days achieved.
Gold production at 1.25Moz, 5% higher than prior quarter and 3% above guidance.
Total cash costs at $434/oz, better than guidance and marginally higher than March quarter.
Highly successful execution of rights issue with $1.7bn raised and an exceptional 98% take up from rights holders.
Hedge book commitments reduced by 3.15Moz during the quarter, 3 months ahead of schedule, with commitments down to 6.88Moz.
1m pounds of uranium contracts cancelled, providing increased exposure to spot uranium prices from 2009.
Following hedge book reductions, adjusted headline loss at $946m. Adjusted headline earnings, normalised for hedge reduction and other once-off items at $50m.
Interim dividend of 50 South African cents per share and 6.7 US cents per share declared for the six months ended 30 June 2008.
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