Agence France-PresseMay 13, 2013 16:06
AngloGold Ashanti, the world's third-biggest bullion producer, posted a six-fold increase in quarterly earnings on Monday, amid difficult recovery from last year's industrial unrest.
The company reported adjusted headline earnings of $113 million in the first quarter of 2013, helped by a slowdown in labour unrest.
Earnings rose from $19 million in the last quarter of 2012 and gold production rose to 899,000 ounces from 859,000.
The company forecasts second-quarter production at between 900,000 and 950,000 ounces.