AngloGold maintains investment grade credit rating AngloGold Ashanti noted that Standard & Poor's has affirmed the investment grade rating on the company's publicly traded debt following an extensive review.
AngloGold reports Q2 production 1.01M oz. AngloGold Ashanti said it generated $71M of free cash flow in Q2 with production and costs beating guidance on the back of another strong performance from its international mines and a recovery from its South African operations. Production was 1.01M oz. at a total cash cost of $718/oz. in the three months to June 30, compared with 1.098M oz. at a total cash cost of $833/oz. in Q2 of 2014. The result compared with guidance of 960,000 oz. to 1M oz. at $770/oz. to $820/oz.