$AngloGold Ashanti(AU.US)$ Gold Fields (NYSE:AU) initiated gold production at its Salares Norte mine in Chile, marking a significant 13-year journey from discovery to operation. The first gold-silver doré was produced on March 28.
Despite challenges such as remote construction at 4,500 meters of altitude during the global pandemic, the mine has begun operations with expectations of a quick payback of less than three years and substantial cash flow contributions.
The project, known for it...