Feb 9 (Reuters) – South Africa’s AngloGold Ashanti said on Tuesday it expected annual earnings to almost triple, boosted by a surge in gold prices during 2020 as investors rushed to buy the precious metal seen as a safe-haven asset in turbulent times.
The gold miner expects to report a headline earnings per share between 229 U.S. cents and 247 U.S. cents for the year ended Dec. 31, 2020, compared with 91 U.S. cents reported a year earlier, it said. (Reporting by Indranil Sarkar in Bengaluru; editing by Uttaresh.V)
(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html