{"id":12683,"date":"2012-07-23T13:19:33","date_gmt":"2012-07-23T11:19:33","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/update-1-anglogold-sees-lower-q2-earnings-output-up\/"},"modified":"2012-07-23T13:19:33","modified_gmt":"2012-07-23T11:19:33","slug":"update-1-anglogold-sees-lower-q2-earnings-output-up","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-anglogold-sees-lower-q2-earnings-output-up\/","title":{"rendered":"UPDATE 1-AngloGold sees lower Q2 earnings, output up"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Sees Q2 earnings at $240-255 mln<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Production up 9 pct to 1.073 mln ounces<\/p>\n<p><span><\/span><\/p>\n<p>* Shares higher in weak market<\/p>\n<p> (Adds details)<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, July 23 (Reuters) &#8211; South Africa&#8217;s AngloGold<br \/>\nAshanti said on Monday second-quarter earnings likely<br \/>\nfell by as much as 30 percent, hit by the lower gold price and<br \/>\novershadowing a rise in production.<\/p>\n<p><span><\/span><\/p>\n<p>AngloGold, Africa&#8217;s biggest gold miner, said it expected<br \/>\nadjusted headline earnings for the quarter to end-June to total<br \/>\nbetween $240 million to $255 million.<\/p>\n<p><span><\/span><\/p>\n<p>That compares with the adjusted headline earnings of $342<br \/>\nmillion, or 89 US cents per share, the company reported in the<br \/>\nsame quarter last year.<\/p>\n<p><span><\/span><\/p>\n<p>It said gold output rose 9 percent to 1.073 million ounces<br \/>\nfrom the previous quarter, exceeding its own guidance of 1.04<br \/>\nmillion ounces for the period.<\/p>\n<p><span><\/span><\/p>\n<p>AngloGold is expected to report its financial results for<br \/>\nthe quarter on Aug. 6.<\/p>\n<p><span><\/span><\/p>\n<p>The company&#8217;s shares were up 1.86 percent at 262.04 rand as<br \/>\nof 0721 GMT, compared with a 1.16 percent fall the benchmark<br \/>\nTop-40 index.<\/p>\n<p> (Reporting by Olivia Kumwenda; editing by David Dolan)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Sees Q2 earnings at $240-255 mln * Production up 9 pct to 1.073 mln ounces * Shares higher in weak market (Adds details) JOHANNESBURG, July 23 (Reuters) &#8211; South Africa&#8217;s AngloGold Ashanti said on Monday second-quarter earnings likely fell by as much as 30 percent, hit by the lower gold price and overshadowing a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-12683","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=12683"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}