UPDATE: AngloGold Ashanti Posts Drop In Q3 Profit

AngloGold Ashanti (NYSE: AU ) reported a drop in its third-quarter profit. AngloGold's quarterly profit declined to $1 million, from $168 million, in the year-ago period. Its production rose to 1.043 million troy ounces, from 1.03 million ounces. AngloGold's adjusted headline earnings surged to $576 million from $253 million. AngloGold shares