AngloGold ’s low-cost Tropicana toasts million ounces

Photo by Duane Daws Ron Largent
Photo by Duane Daws Ron Largent

JOHANNESBURG (miningweekly.com) – AngloGold ’s 70%-owned and managed Tropicana gold mine, which comes in at the low all-in cost of $674/oz, on Wednesday celebrated its million-ounce milestone, two years after pouring first gold.

The Australian mine, the first that AngloGold Ashanti discovered and developed outside of South Africa, has improved the Johannesburg- and New York-listed miner’s global portfolio by bringing cheap ounces into its production base.

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