A worker pours gold at the AngloGold Ashanti mine at Obuasi, Ghana. Picture: REUTERS/LUC GNAGO
The process of clearing the portfolio of expensive operations is complete, with the biggest sale being the $300m disposal of all its SA assets to Harmony Gold, marking the end of decades of mining in the country that gave it the platform and money to build a large international footprint. The main drivers were a 27% increase in the gold price AngloGold received during the year and weaker currencies against the dollar in the jurisdictions in which it has mines, the company said.
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