Report
Kristoffer Inton
EUR 98.48 For Business Accounts Only

AngloGold Ashanti Maintains Guidance After Slow Start to 2017, but We’ve Raised Our Cost Outlook

AngloGold Ashanti reported operating results for the first quarter of 2017, producing 830,000 ounces of gold at all-in sustaining costs (AISC) of $1,060 per ounce. Both metrics compared unfavorably to the prior-year quarter, which saw AngloGold produce 861,000 ounces at $860 per ounce.
South Africa was a trouble spot for the company, as production fell 16% and AISC rose 44%. The company has already taken steps to improve from the region’s poor start. While we think this will help production retu...
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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