AngloGold Ashanti CEO sees inflation pressure easing next year.
Calderon estimated that 40% of the cost increase in the first half of this year was attributable to diesel prices.
But headline earnings per share, the main profit measure in South Africa, came in at 71 U.S. cents, down 18% from a year earlier. Total cash costs were up 6% at $1,068 an ounce as inflation accelerated, but Calderon said he was happy the increase had been “limited”. Newmont Corp, the world’s biggest gold miner, last week raised its annual costs forecast and warned that inflationary pressures would persist into next year, sending its shares down 12%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'The most expensive part of your years': Parents feel inflation's squeezeMONTREAL — With inflation at a nearly 40\u002Dyear high, Canadians are feeling the financial strain. In a six\u002Dpart series this summer, The Canadian Press is…
Lire la suite »
Nicole Kidman to continue making sure heartbreak feels good at AMCAMC CEO Adam Aron reassured audiences that Kidman would make movies better for another year
Lire la suite »
Tarrant County food bank sees surge in food insecurity amid inflation woesThis is the largest inflation increase in 40 years, according to the U.S. Bureau of Labor.
Lire la suite »
Sussex Biographer Behind Finding Freedom to Release Second Book That Will “Have the World Talking”Omid Scobie’s latest will hit shelves next year.
Lire la suite »
Besotted exec Irv Gotti says, 'God wanted me to find out' Ashanti was dating NellyMurder Inc. co-founder Irv Gotti opened up about his feelings for his label's star Ashanti when she started dating rapper Nelly while Gotti was still married.
Lire la suite »
Brandon Flowers Discourages Overthinking on the Killers' New Single 'Boy'The Killers' new single, 'Boy,' marks their first music since last year's 'Pressure Machine.'
Lire la suite »