Anglogold reports higher annual earnings
Miner, Anglogold Ashanti delivered solid annual results today. That's as headline earnings per share surged over 7 fold to 53 US cents - fuelled by lower amortisation after the closure and sale of some of its assets, as well as a higher income from its Kibali operations. We're now joined on the line by CEO, Kelvin Dushnisky, for more perspective on the numbers. So, the headlines have centred around you tightening your grip - and warranted where it's exactly that, that's yielding results. But it also sends a certain message when the results come of the back of AngloGold exiting SA… is there any other way to interpret that than - mining in SA is just not viable and an SA exit pays off?