Costs were up "mainly due to lower gold production, the drawdown of ore stockpiles at certain operations, higher operating costs and inflationary pressures," the company said.
West Texas Intermediate traded near $94 a barrel and Brent climbed near $96 as the Kremlin announced Russian President Vladimir Putin plans to officially recognize separatists in eastern Ukraine.
Earlier, bullion fell as much as 0.6% after statements from Washington and the Elysee that both the US and Russia had agreed to a summit to resolve the military crisis.