Report
Kristoffer Inton
EUR 100.00 For Business Accounts Only

No Surprises in AngloGold Ashanti's 1Q; We See Limited Risk-Adjusted Upside

AngloGold Ashanti announced limited operating results for the first quarter of 2019 that revealed few surprises. The company produced 752,000 gold ounces, down 3% when only including retained operations. Companywide costs declined slightly, with total cash costs falling 5% year on year to $791 per ounce and all-in sustaining costs falling 2% year on year to $1,009 per ounce.
The company had previously guided that production would be heaviest in the back half of the year. As such, it maintained f...
Underlying
AngloGold Ashanti Ltd. ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

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