AngloGold Posts 3rd-qtr Loss On Hedge Revamping
AngloGold Ashanti, the Johannesburg gold miner, reported a third-quarter adjusted loss of $596 million, or $1.65 a share, reflecting a restructuring of its hedges. Excluding the cost of buying back those hedges, adjusted earnings were $163 million, the company said in a statement on Monday.
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- News Source: Daily Mail & Guardian | 24 days agoAngloGold Ashanti, the world's number three gold producer, on Monday reported an adjusted headline loss for the third quarter, due to costs related to trimming its hedge book and stronger currencies. AngloGold, Africa's top gold producer, said...
- News Source: Fox News | 24 days agoAngloGold Ashanti, the Johannesburg gold miner, reported a third-quarter adjusted loss of $596 million, or $1.65 a share, reflecting a restructuring of its hedges. Excluding the cost of buying back those hedges, adjusted earnings were $163 million,...
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- Blog Source: access-wallstreet.comAngloGold Posts 3rd-qtr Loss On Hedge Revamping. Posted by Sysop on Nov 1st, 2009 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. ...
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