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AngloGold flags H1 losses over struggling mines, court case

AngloGold Ashanti expects first half losses after its earnings were hit by impairments at some of its South African operations and provisions for a possible settlement with workers who contracted lung diseases at its mines. Africa’s biggest gold miner forecast a headline loss per share of between 19c and 23c for the six months to the end of June compared to the same period last year.