The gold miner declared an interim dividend of twenty-two cents per share, up from 4 cents per share throughout the identical interval of 2023.
AngloGold Ashanti mentioned enhancements in gold manufacturing and price efficiency, coupled with a turnaround at its Brazil operations had boosted its earnings. It additionally pointed to greater common gold costs obtained in the course of the interval.
The worth of the valuable steel has risen nearly 19% for the reason that starting of the yr, peaking at $2,483.60 on July 17, pushed by demand from institutional buyers, excessive net-worth people and central financial institution purchases.
Spot gold was buying and selling at $2,413.38 an oz. at 1029 GMT.
AngloGold Ashanti mentioned a 12% surge in gold output in the course of the second quarter pushed half-year manufacturing practically 2% greater to 1.254 million ounces. The corporate has maintained its annual manufacturing steerage of between 2.59 million and a couple of.79 million ounces of gold.
(Reporting by Nelson Banya; Modifying by Kirsten Donovan)