AU - AngloGold Ashanti reports Q3 results; on track to meet revised guidance ranges for FY2021

AngloGold Ashanti (NYSE:AU): Q3 Gold Income of $953M (-18.1% Y/Y) Press Release Adjusted EBITDA improved 5% quarter-on-quarter from $427M in Q2 2021 to $448M in Q3 2021. Adjusted EBITDA margin of 47% in Q3 2021 Adjusted net debt to Adjusted EBITDA ratio of 0.43 times Cash flow from operating activities increased 8% quarter-on-quarter from $318M in Q2 2021 to $342M in Q3 2021 Free cash inflow of $17M in Q3 2021. Production for the third quarter of 2021 was 613,000oz at a total cash cost of $927/oz, compared to 741,000oz at a total cash cost of $755/oz for the third quarter of 2020. Total capital expenditure (including equity-accounted joint ventures) increased by 22% quarter-on-quarter to $306m in the third quarter of 2021, compared to $251m in the second quarter of 2021. Obuasi resumed underground mining activities in mid-October 2021. Underground grade improved 6% quarter-on-quarter as reinvestment initiatives progress. On track to

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AngloGold Ashanti reports Q3 results; on track to meet revised guidance ranges for FY2021