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AngloGold Ashanti's Latin America profit plunges 52%

Cecilia Jamasmie | August 07, 2012 | 12:52 pm Precious Metals Africa Australia Europe Latin America Gold 

AngloGold Ashanti's (NYSE:AU), the world’s third-largest gold producer, reported Monday that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year. The South African miner blamed rising costs, higher capital...

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