Report
Kristoffer Inton
EUR 101.80 For Business Accounts Only

Raising AngloGold Ashanti’s FVE After Solid 3Q Puts It on Track for Improvement

As guided earlier this year, AngloGold Ashanti saw performance meaningfully improve in the third quarter, as full-year results should be weighted toward the back half of 2017. Production and costs looked solid. Gold ounces produced rose 11% over the prior year quarter to 997,000 ounces, while all-in sustaining costs, or AISC, were flat at $1,071 per ounce. Flat AISC looks decent when taking into consideration how much the dollar has strengthened relative to AngloGold’s producer currencies.
The c...
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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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