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AngloGold international mines slashing costs, upping margins

The international operations of AngloGold Ashanti have virtually halved their all-in sustaining costs (AISC) in three years.

The Johannesburg- and New York-listed gold mining company’s international mines in eight countries began in the fourth quarter of 2012 with an AISC of $1 542/oz and ended in the fourth quarter of 2015 with AISC of $786/oz. (Also watch attached Creamer Media video).