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AngloGold Ashanti to keep cutting costs, jobs

Jeffrey Richmond | August 11, 2014 | 9:47 pm Precious Metals Africa Gold Silver 

AngloGold Ashanti (NYSE:AU) (JSE:ANG) reported a smaller second-quarter net loss Monday but said mine closures and layoffs will continue as part of its plan to cut $500 million from operating costs by December, according to the Wall Street Journal. Lower...

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