AngloGold Ashanti Limited

AngloGold Ashanti said on Friday costs and production are on track to meet its guidance, and expects the 2020 free cash flow generation to be the strongest in almost a decade, enabling the gold miner to double the dividend payout ratio.

AngloGold Ashanti said costs and production are on track to meet guidance, and that full-year 2020 free cash flow generation will be the strongest in almost a decade, enabling the miner to double the dividend pay-out ratio.

AngloGold Ashanti <ANGJ.J> reinstated but trimmed its annual production guidance on Monday citing improved operating certainty including the expected conclusion of its sale of its South African assets.

AngloGold Ashanti said on Monday that the South African government had given "unconditional" approval for the sale of its South African assets to Harmony Gold, indicating it may be able to delist from the Johannesburg Stock Exchange.

AngloGold Ashanti <ANGJ.J> and Barrick Gold <ABX.TO> will sell their effective 80% stake in the Morila Gold Mine in Mali, the miners said on Monday, as political crisis grips the West African nation after soldiers seized power in a coup.

South Africa's mines ministry has given the green light for the sale of AngloGold Ashanti's last remaining assets in the country to Harmony Gold on condition that it does not delist from the Johannesburg stock Exchange.

* Considers increasing dividend (Adds dividend and listing detail)

AngloGold Ashanti on Friday reported a more than 200% increase in first-half earnings on higher gold prices and foreign exchange gains.

* COVID-19 makes regular trips home to Toronto more difficult (Adds spokesman comment)

AngloGold Ashanti said on Monday it expects a jump in first-half headline earnings per share (HEPS), helped by an increase in gold price, weaker local currencies, higher foreign exchange gains as well as gains from its Kibali joint venture.

Harmony Gold raised $200 million after issuing more than 60 million new ordinary shares to partly fund its purchase of rival AngloGold Ashanti's last remaining South African assets, the company said on Thursday.

Harmony Gold Mining Company, one of South Africa's biggest gold miners, said it will start its proposed share sale on Wednesday to raise $200 million to part fund its purchase of a rival company's assets.

* ANGLOGOLD ASHANTI - QTRLY PROFIT BEFORE TAXATION UP 182% TO $231M IN Q1 2020

AngloGold Ashanti on Monday said that a total of 196 people have tested positive for coronavirus at its Mponeng mine, where it suspended operations on Sunday after reporting 164 COVID-19 positive workers.

* ANGLOGOLD ASHANTI PROVIDES FURTHER UPDATE ON COVID-19 CASES AT MPONENG MINE

AngloGold Ashanti on Sunday said it had found 164 workers with COVID-19 at its Mponeng gold mine in South Africa, after conducting 650 tests since last Thursday.

Underground production at AngloGold Ashanti's Mponeng mine in South Africa will remain closed until further notice after 53 employees tested positive for the coronavirus, a provincial health department said in a statement on Sunday.

Underground production at AngloGold Ashanti's Mponeng mine in South Africa will remain closed until further notice after 53 employees tested positive for the coronavirus, a provincial health department said in a statement on Sunday.

AngloGold Ashanti <ANGJ.J> reported improved first-quarter cash flow on Monday but said it had lost 11,000 ounces of production because of coronavirus-related stoppages at its operations.