Why AngloGold Ashanti is fitter than it looks

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On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off.

It will be a year next month since Alberto Calderon strode on to the bridge of AngloGold Ashanti, a company that’s been more life raft than the cruise liner of old.

In that time, its shares have slid about 27% — more than any of its rivals except Kinross Gold, a company with the misfortune of having gold mines in Russia...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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