AngloGold sees lower Q4 cash costs on forex

Thu Nov 13, 2008 7:48am EST
 
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LONDON, Non 13 (Reuters) - South Africa's Anglogold Ashanti (ANGJ.J) expects cash costs for the fourth quarter to fall below the forecast level of $460 per ounce due to the weaker rand currency.

"If existing exchange rates hold, we could see them at $420 to $430," Chief Executive Mark Cutifani told the RBC gold conference in London. (Reporting by Eric Onstad, editing by Will Waterman)

 

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