AngloGold Ashanti reports third quarter production rose 5 percent as a result of continued improvements at its Geita mine in Tanzania and fewer safety related interruptions at its Vaal River operations in South Africa.
But the Worlds’ No 3 Gold producers also says it has posted an adjusted headline loss of 165 US cents per share in the third quarter, after taking into account the cost of the hedge buybacks.
This result compared to record adjusted headline earnings per share of 47 US cents a share in the June quarter.
Click here for AngloGold's rising gold production.