AGG anglogold ashanti limited

Sept 17 (Reuters) - AngloGold Ashanti Ltd ANGJ.J : BOSTON...

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    Sept 17 (Reuters) - AngloGold Ashanti Ltd ANGJ.J :

    • BOSTON SHAKER ACHIEVES COMMERCIAL PRODUCTION
    • COMMERCIAL PRODUCTION DECLARED AT BOSTON SHAKER UNDERGROUND MINE AT TROPICANA
    • BOSTON SHAKER WILL DELIVER ABOUT 1.1 MILLION TONNES OF ORE P.A. AT ESTIMATED GRADE OF 3.5 GRAMS/TONNE
    • BOSTON SHAKER WILL CONTRIBUTE ABOUT 100,000 OUNCES P.A. TO GOLD PRODUCTION OVER A 7-YEAR MINE LIFE
    • FROM 2022 ONWARDS, ANNUAL GOLD PRODUCTION FROM TROPICANA WILL NORMALIZE AT BETWEEN 450,000-500,000 OZ
    • FROM TROPICANA, PLAN FOR GOLD PRODUCTION (AT 100%) IN 2020 & 2021, TO BE BETWEEN 400,000 & 450,000 OZ VERSUS 513,785 OZ LAST YEAR
    • FOR TROPICANA, OPERATING COSTS FROM 2020 ONWARDS INCREASE WITH ADDITION OF BOSTON SHAKER UNDERGROUND MINE
 
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