AngloGold Sees Stronger Second Half Peformance on Efforts to Meet Targets

Precious Metals

Bloomberg reported that AngloGold (NYSE:AU) will increase efforts to meet targets in the second quarter.

Bloomberg reported that AngloGold (NYSE:AU) will increase efforts to meet targets in the second quarter.

The market news is quoted as saying:

AngloGold needs to increase second-half production by at least 14 percent to 2.42 million ounces from a forecast 2.13 million in the previous six months, to meet its 2011 estimate of between 4.55 million ounces and 4.75 million ounces.

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