Edition:
United States

AngloGold Ashanti Ltd (ANGJ.J)

ANGJ.J on Johannesburg Stock Exchange

12,483.00ZAc
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

S. Africa's Solidarity Signs Wage Deal with AngloGold For Salary Rise Of 6.5 Pct
Monday, 17 Sep 2018 06:44am EDT 

Sept 17 (Reuters) - South Africa's Solidarity: :S. AFRICA'S SOLIDARITY SAYS ANGLOGOLD ASHANTI AGREEMENT PROVIDES FOR A SALARY INCREASE OF 6.5 PCT FOR YEAR ONE OF AGREEMENT.AGREEMENT SIGNED WITH ANGLOGOLD TO BE PRESENTED TO SIBANYE-STILLWATER, HARMONY GOLD.ANGLOGOLD ASHANTI AGREEMENT PROVIDES FOR SALARY INCREASE OF R1000/ANNUM FOR NEXT 3 YRS FOR CATEGORY 4 TO 8 EMPLOYEES.ANGLOGOLD AGREEMENT ALSO PROVIDES FOR SALARY HIKE OF 6.5 PCT OR CPI FOR 2ND, 3RD YEAR OF DEAL FOR MINERS, ARTISANS AND OFFICIALS.  Full Article

AMCU Warns Sibanye Stillwater, Village Main Reef, Harmony Of Eminent Strike
Tuesday, 11 Sep 2018 06:50am EDT 

Sept 11 (Reuters) - ASSOCIATION OF MINE WORKERS & CONSTRUCTION UNION::WARNED SIBANYE STILLWATER, VILLAGE MAIN REEF, HARMONY OF EMINENT STRIKE.UNION WILL TAKE SIBANYE, VILLAGE REEF, HARMONY TO CCMA FOR FURTHER ENGAGEMENTS.DECLARED DISPUTES WITH SIBANYE, VILLAGE MAIN REEF, HARMONY AFTER DEADLOCK IN ONGOING NEGOTIATIONS.ENGAGEMENTS WITH ANGLOGOLD CONTINUE.  Full Article

Equinox Gold Announces Termination Of Earn-In JV Agreement On Brazil Greenfields Concessions
Monday, 13 Aug 2018 06:57am EDT 

Aug 13 (Reuters) - Equinox Gold Corp ::EQUINOX GOLD ANNOUNCES TERMINATION OF EARN-IN JV AGREEMENT ON BRAZIL GREENFIELDS CONCESSIONS.EQUINOX GOLD CORP - EQUINOX GOLD WILL RETAIN ITS 100% INTEREST IN APPROXIMATELY 1,800 KM GREENFIELD CONCESSIONS.EQUINOX GOLD - ANGLOGOLD ASHANTI HOLDINGS TERMINATED EARN-IN JV AT CO'S AURIZONA GREENFIELDS CONCESSIONS IN BRAZIL.  Full Article

Kelvin Dushnisky Has Accepted Position Of CEO Of Anglogold Ashanti
Monday, 23 Jul 2018 08:06am EDT 

July 23 (Reuters) - Barrick Gold Corp ::KELVIN DUSHNISKY HAS ACCEPTED POSITION OF CHIEF EXECUTIVE OFFICER OF ANGLOGOLD ASHANTI LTD.DUSHNISKY WILL BE LEAVING COMPANY AT END OF AUGUST.INTENDS TO ANNOUNCE A SUCCESSOR TO DUSHNISKY IN DUE COURSE.  Full Article

AngloGold Ashanti Receives Obuasi Environmental Permits
Wednesday, 27 Jun 2018 02:30am EDT 

June 27 (Reuters) - AngloGold Ashanti Ltd ::ANGLOGOLD ASHANTI RECEIVES OBUASI ENVIRONMENTAL PERMITS.ENVIRONMENTAL PERMITS RELATE TO OBUASI RE-DEVELOPMENT PROJECT AND ITS ASSOCIATED TAILINGS AND WATER INFRASTRUCTURE.AWARD OF PERMITS FOLLOWS PARLIAMENTARY RATIFICATIONS OF REGULATORY AND FISCAL AGREEMENTS THAT COVER REDEVELOPMENT OF OBUASI GOLD MINE.  Full Article

Anglogold Ashanti Says Ghana Parliament Ratifies Obuasi Agreements
Friday, 22 Jun 2018 05:30am EDT 

June 22 (Reuters) - AngloGold Ashanti Ltd :: ANGLOGOLD ASHANTI SAYS GHANA PARLIAMENT RATIFIES OBUASI AGREEMENTS.GHANA PARLIAMENT RATIFIED REGULATORY, FISCAL AGREEMENTS COVERING REDEVELOPMENT OF OBUASI GOLD MINE INTO PRODUCTIVE MINING OPERATION.ENVIRONMENTAL PERMITTING PROCESS IS ALSO AT AN ADVANCED STAGE.  Full Article

Anglogold Ashanti Says In Full Support Of Randgold Resources
Thursday, 8 Mar 2018 05:01am EST 

March 8 (Reuters) - Anglogold Ashanti Ltd ::‍ANGLOGOLD ASHANTI PROVIDES UPDATES ON DRC MINING CODE DISCUSSIONS​.ANGLOGOLD ASHANTI IS IN FULL SUPPORT OF RANDGOLD RESOURCES, OUR PARTNER AND OPERATOR IN KIBALI JOINT VENTURE.‍ON MARCH 7, MEETING TOOK PLACE BETWEEN PRESIDENT JOSEPH KABILA KABANGE OF DRC AND REPRESENTATIVES OF MINING INDUSTRIES AT REQUEST​.SUPPORTS RANDGOLD RESOURCES, PARTNER AND OPERATOR IN KIBALI JOINT VENTURE.RANDGOLD RESOURCES WILL CONTINUE ENGAGEMENT WITH DRC GOVERNMENT REPRESENTATIVES NEXT WEEK.‍MINING OPERATORS AGREED TO CONTINUE DISCUSSIONS WITH GOVERNMENT ON ISSUES EXISTING IN AGREEMENT ONCE NEW MINING CODE HAS BEEN SIGNED.  Full Article

Anglogold Ashanti Announces 1.8Moz Maiden Ore Reserve For B2Gold JV​
Tuesday, 20 Feb 2018 01:09am EST 

Feb 20 (Reuters) - Anglogold Ashanti Ltd ::‍DECLARES 1.8MOZ MAIDEN ORE RESERVE (ATTRIB.) FOR GRAMALOTE.GRAMALOTE PROJECT WILL UNDERGO FULL FEASIBILITY STUDY, DURING WHICH ALL METRICS, INCLUDING CAPITAL AND COSTS, WILL BE OPTIMISED.‍TOTAL ROCK MOVEMENT IS EXPECTED TO RISE TO JUST UNDER 60 MTPA IN SECOND YEAR OF OPERATION OF GRAMALOTE PROJECT.GRAMALOTE​ ‍PROJECT AIMS AT PRODUCING A TOTAL OF 4.22MOZ OF GOLD OVER LIFE OF MINE AT A RATE OF BETWEEN 300 AND 450KOZ FOR FIRST EIGHT YEARS ​​​.  Full Article

Anglogold Ashanti ‍signs deal with Ghana to redevelop Obuasi gold mine
Tuesday, 20 Feb 2018 12:59am EST 

Feb 20 (Reuters) - Anglogold Ashanti Ltd ::‍REACHES ACCORD WITH GHANA OVER OBUASI INVESTMENT FRAMEWORK​.‍SIGNED REGULATORY AND FISCAL AGREEMENTS WITH GOVERNMENT OF GHANA TO PROVIDE FRAMEWORK FOR REDEVELOPMENT OF OBUASI GOLD MINE.GHANA GOVERNMENT, CO PUT IN PLACE SEVERAL AGREEMENTS INCLUDING DEVELOPMENT AGREEMENT, TAX CONCESSION AGREEMENT, SECURITY AGREEMENT.‍OBUASI GOLD MINE PRODUCTION FOR FIRST 10 YEARS WILL BE FOCUSSED ON UPPER ORE BODIES AND IS EXPECTED TO AVERAGE 350,000OZ TO 450,000OZ​.REDEVELOPMENT OF OBUASI GOLD MINE​ ‍OPERATION EXPECTED TO CREATE BETWEEN 2000 TO 2,500 JOBS.ADDITIONAL ROLES WILL BE REQUIRED DURING CONSTRUCTION PHASE OF REDEVELOPMENT OF OBUASI GOLD MINE​.‍INITIAL PROJECT OF REDEVELOPMENT OF OBUASI GOLD MINE​ CAPEX ANTICIPATED OVER FIRST TWO AND HALF YEARS IS EXPECTED TO BE BETWEEN $450M TO $500M.  Full Article

Anglogold Ashanti Says ‍Production Guidance For 2018 Estimated To Be Between 3.325-3.450 Moz​
Tuesday, 20 Feb 2018 12:47am EST 

Feb 20 (Reuters) - Anglogold Ashanti Ltd ::‍PRODUCTION GUIDANCE FOR 2018 YEAR IS ESTIMATED TO BE BETWEEN 3.325MOZ AND 3.450MOZ​.2018 ‍TOTAL CASH COSTS ARE ESTIMATED TO BE BETWEEN $770/OZ AND $830/OZ​.SEES 2018 ‍AISC BETWEEN $990/OZ AND $1,060/OZ​.2018 ‍CAPITAL EXPENDITURE IS ANTICIPATED TO BE LOWER AT BETWEEN $800M AND $920M​.‍HEADLINE EARNINGS FOR YEAR WERE $27M, OR 6 CENTS PER SHARE, COMPARED WITH $111M, OR 27 CENTS PER SHARE IN 2016​.‍DURING Q4 OF 2017, GROUP ACHIEVED AN AISC OF $1,006/OZ, A 4% IMPROVEMENT OVER Q4 OF 2016​.‍AISC FOR SECOND HALF OF 2017 WAS $1,038/OZ, LOWER THAN $1,058/OZ REPORTED FOR SECOND HALF OF 2016​.‍ADJUSTED EBITDA OF $1,483M IN 2017 DECREASED BY $65M, OR 4% FROM PREVIOUS YEAR, RESULTING IN A 34% ADJUSTED EBITDA MARGIN​.  Full Article

South Africa's NUM union signs wage deal with AngloGold

JOHANNESBURG, Sept 21 South Africa's National Union of Mineworkers (NUM) signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the week.