AngloGold Profit Rises as Metal Jumps to Records; Cuts Production Forecast

Bloomberg reported that AngloGold (JNB:ANG) profits reached a record despite cuts to production.

The market news is quoted as saying:

Second-quarter earnings excluding one-time items surged 68 percent to $342 million, or 89 cents a share, from $203 million, or 53 cents, in the first quarter, the Johannesburg-based company said today in a statement.

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