AngloGold Ashanti's Gold Production For First-Half 2023 Was 1.236Moz At A Total Cash Cost Of $1,189/Oz, Compared To 1.233Moz At A Total Cash Cost Of $1,068/Oz H1 2022
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AngloGold Ashanti's gold production for the first half of 2023 was 1.236Moz at a total cash cost of $1,189/oz, a slight increase from 1.233Moz at a total cash cost of $1,068/oz in H1 2022.
August 04, 2023 | 2:52 pm
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AngloGold Ashanti's gold production increased slightly in H1 2023, but the cash cost per ounce also increased significantly compared to H1 2022.
While the slight increase in gold production could be seen as a positive sign, the significant increase in cash cost per ounce could offset this, potentially impacting the company's profitability. This could have a neutral impact on the stock price in the short term.
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