Production of 1.748-million ounces after strong second-quarter recovery has put AngloGold Ashanti virtually at the halfway mark to meet full year guidance, CEO Srinivasan Venkatakrishnan said on Monday in presenting the company’s half-year results that also saw full-year cost guidance remain intact. All-in sustaining costs (AISC) of $1 071/oz for the 12 months to June 30 compared with $911/oz in the corresponding period of last year reflected planned brownfield investment and stronger currencies, which were up 14% in both South Africa and Brazil.
