Improved margins drive growth in AngloGold’s free cash flow generation

Gold miner AngloGold Ashanti achieved its guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation, the company announced on Tuesday morning.   The gold miner further declared a dividend of 95c a share, equal to about $0.07.   During the 12 months to December 31, 2018, the miner generated free cash flow of $67-million, compared with only $1-million the year before. Free cash flow of $118-million was …