Bloomberg – AngloGold Ashanti Ltd., the third- largest producer of the metal, raised its dividend payout and paid back debt faster than expected after its decision to cut gold hedges increased the company’s spare funds.
So-called cash flow from operations in the fourth quarter, excluding the cost of buying back hedges, surged 60 percent to $679 million from the prior quarter and 46 percent from a year earlier, the company said in a statement today.
