South Africa's AngloGold Ashanti said on Tuesday it expected annual earnings to almost triple, boosted by a surge in gold prices during 2020 as investors rushed to buy the precious metal seen as a safe-haven asset in turbulent times.

The gold miner expects to report a headline earnings per share between 229 US cents and 247 US cents for the year ended Dec. 31, 2020, compared with 91 US cents reported a year earlier, it said.