The world must do everything to fight inflation, says AngloGold Ashanti CEO Alberto Calderon, a former International Monetary Fund luminary, who has reported emphasised cost control in a year dominated by what the JSE-listed company described the highest inflation rates in more than 40 years. Higher-grade ore mined by AngloGold Ashanti in the third quarter of last year should have meant more gold at unchanged cost – more bang for the same buck, as it were.
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