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AngloGold Ashanti reported a 2% year-on-year increase in gold production, reconfirming its 2024 guidance despite challenges. The company focuses on safety, cost performance, and cash conversion, aiming to close gaps with North American peers. Positive improvements were seen in Brazil, Geita, Kibali, and Obuasi, while challenges were faced at Tropicana and Cerro Vanguardia due to flooding and planned stoppages. The Company remains on track with its projects, including the Obuasi UHDF trial, capital projects, and the Tropicana renewable energy project. AngloGold Ashanti also provided its gold production guidance for 2024 and reported a strong safety record.
AngloGold Ashanti plc announced its Q1 2024 Production Update conference call scheduled for 10th May 2024. The call will provide insights into the company's performance, inviting participants to join via webcast or conference call. Pre-registration is required for the conference call.