AngloGold Ashanti Limited (ASX:AGG) has beaten its cost and production guidance in the third quarter of the financial year.
The gold producer increased output by 8 per cent from the year before to 1.1 million ounces.
AngloGold Ashanti says fundamental operating and safety improvements continue to gain traction across the business.
The company has narrowed its production outlook for the year to the top end of the initial guidance range and lowered its capital expenditure forecast.
While AngloGold Ashanti says its operations are firing on all cylinders it has also not ruled out the sale or partnership of an operating asset if required.
