AGG News: AngloGold Ashanti shares rise as miner sticks to cost guidance - 5th Aug 2022, 4:15pm

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JOHANNESBURG (Reuters) -AngloGold Ashanti shares rose 2% on Friday after CEO Alberto Calderon pledged to reduce costs that dented half-year earnings and moved closer to the top end of its forecast range for the full year.

The South Africa-based gold miner's first-half production rose by 3% year on year to 1.233 million ounces, putting it on track to meet 2022 output guidance of between 2.55 and 2.8 million ounces.

But headline earnings per share, the main profit measure in South Africa, came i...

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