Mining News

AngloGold declares $121m first-half dividend on strong cash flow, higher production

Gold mining company AngloGold Ashanti on Friday declared an interim dividend of $121-million on 3% higher year-on-year production and a strong cash-flow improvement. First-half production for the first six months of 2022 was 1.233-million ounces, with second-quarter output up 10% on strong contributions from Siguiri in Guinea (+21%), Cerro Vanguardia in Argentina (+17%), Sunrise Dam in Australia (+15%), Iduapriem in Ghana (+14%) and Tropicana in Australia (+14%), which offset lower production from Kibali in the Democratic Republic of Congo and Geita in Tanzania.

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