Sunday, February 20, 2011

Gold Miner Earnings: AngloGold Ashanti, Barrick Gold

AngloGold Ashanti (AU) posted a decline in fourth quarter headline earnings today, to $294 million, compared to $303 million in the third quarter. Productions costs for the Johannesburg-based gold miner rose in the fourth quarter, to $672 per ounce, compared to $642 per ounce in the third quarter.
The price of gold is constantly changing but right now it's headed up.

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