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United States

AngloGold Ashanti Ltd (ANGJ.J)

ANGJ.J on Johannesburg Stock Exchange

11,302.72ZAc
26 Apr 2018
Change (% chg)

116.72 (+1.04%)
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11,186.00
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11,285.00
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11,142.00
Volume
637,991
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Latest Key Developments (Source: Significant Developments)

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

Anglogold Says ‍FY Production Rises 4% Year-On-Year
Tuesday, 20 Feb 2018 12:47am EST 

Feb 20 (Reuters) - Anglogold Ashanti Ltd ::‍FY PRODUCTION RISES 4% YEAR-ON-YEAR TO 3.755MO​.FY ‍TOTAL CASH COSTS $792/OZ, IN-LINE WITH FULL YEAR GUIDANCE OF $750-$800/OZ​.‍DECLARED DIVIDEND OF ZAR 70 CENTS PER SHARE (APPROXIMATELY 6 US CENTS PER SHARE).‍SA RESTRUCTURING "PROGRESSING WELL​".‍MOAB KHOTSONG AND KOPANANG SALES EXPECTED TO CLOSE SHORTLY; TAUTONA IN ORDERLY CLOSURE​.  Full Article

Zonte Metals acquires Iron Oxide Copper Gold Project
Wednesday, 15 Nov 2017 08:25am EST 

Nov 15 (Reuters) - Zonte Metals Inc :Zonte Metals acquires Iron Oxide Copper Gold Project.Zonte Metals - ‍signed an option agreement to acquire 100% of Cross Hills Iron Oxide Copper Gold Project.Zonte Metals - ‍agreement grants co option to buy a 100% interest in project for payments of $55,000 & issuing 1.5 million common shares over 4 yrs​.  Full Article

AngloGold Ashanti Ltd says Q3 gold production up 11 pct to 997,000oz​
Monday, 6 Nov 2017 12:05am EST 

Nov 6 (Reuters) - ANGLOGOLD ASHANTI LTD ::‍THIRD-QUARTER GOLD PRODUCTION ROSE 11% YEAR-ON-YEAR TO 997,000OZ​.‍Q3 ADJUSTED EBITDA $399M, UP FROM $395M IN Q3 OF 2016​.‍PRODUCTION, AISC, TOTAL CASH COSTS AND CAPITAL EXPENDITURE REMAIN WITHIN ORIGINAL GUIDANCE​.‍Q3 FREE CASH FLOW $88M- STRONG TURNAROUND FROM $41M OUTFLOW IN SECOND-QUARTER OF 2017​.Q3 ‍NET DEBT TO ADJUSTED EBITDA RATIO OF 1.49 TIMES, DOWN FROM 1.56 IN Q2 OF 2017​.‍RESTRUCTURING OF SOUTH AFRICAN OPERATIONS REMAINS ON TRACK​.‍Q3 AISC UNCHANGED AT $1,071/OZ DESPITE HIGHER PLANNED REINVESTMENT EXPENDITURES, STRONGER CURRENCIES AND INFLATION​.SEES ‍FY PRODUCTION OUTLOOK BETWEEN 3.6MOZ AND 3.75MOZ​.‍SEES FY CAPITAL EXPENDITURE OUTLOOK BETWEEN $950M AND $1,050M​.‍ANTICIPATE CONCLUDING BULK OF CURRENT RESTRUCTURING PROCESS AT TAUTONA AND SAVUKA BY END OF Q4​.‍SEES FY TOTAL CASH COSTS OUTLOOK BETWEEN $750/OZ AND $800/OZ​.AFTER RESTRUCTURING ANGLOGOLD ASHANTI ANTICIPATES THAT ABOUT 13% OF ITS PRODUCTION WILL COME FROM ITS SOUTH AFRICAN ASSETS​.  Full Article

Anglogold Ashanti to dispose some assets to Harmony Gold for $300 mln
Thursday, 19 Oct 2017 01:05am EDT 

Oct 19 (Reuters) - Anglogold Ashanti Ltd :TO DISPOSE OF VARIOUS ASSETS SITUATED IN VAAL RIVER REGION OF SOUTH AFRICA TO HARMONY GOLD MINING FOR US$300 MILLION​.‍PRODUCTION FROM REMAINING SOUTH AFRICAN OPERATIONS, WILL CONSTITUTE LESS THAN 15% OF COMPANY'S ESTIMATED ANNUAL PRODUCTION​.  Full Article

Anglogold Ashanti ‍announces disposal of Kopanang mine, West Gold plant and related infrastructure​
Thursday, 19 Oct 2017 01:05am EDT 

Oct 19 (Reuters) - Anglogold Ashanti Ltd :‍ANNOUNCES DISPOSAL OF ITS KOPANANG MINE, WEST GOLD PLANT AND RELATED INFRASTRUCTURE​.‍SALE ASSETS EXCLUDE KOPANANG GOLD PLANT AND KOPANANG ROCK DUMP WHICH WILL BE RETAINED BY ANGLOGOLD ASHANTI​.‍ENTERED INTO AN AGREEMENT TO DISPOSE OF SALE ASSETS TO HK BASED HEAVEN-SENT SA SUNSHINE INVESTMENT COMPANY LIMITED​.‍SALE ASSETS WILL BE ACQUIRED AND OPERATED BY A SOUTH AFRICAN SUBSIDIARY OF HSC​.‍PURCHASE TO BE SETTLED BY A PAYMENT OF R100 MILLION IN CASH AND TRANSFER OF CERTAIN GOLD BEARING ROCK DUMPS FROM VMR TO ANGLOGOLD ASHANTI​.  Full Article

Asanko Gold acquires Miradani Gold Project
Friday, 22 Sep 2017 04:30pm EDT 

Sept 22 (Reuters) - Asanko Gold Inc :Asanko Gold acquires large, highly prospective Miradani Gold Project, adjacent to Asanko Gold Mine.Asanko Gold - ‍acquisition costs of Miradani Project, which bear standard Government of Ghana royalty interests, are not disclosed and are not material​.Asanko Gold Inc - ‍acquired ownership of Miradani Mining Lease in Ghana, West Africa from AngloGold Ashanti​.Asanko Gold Inc - ‍drilling program on Miradani, Central and Tontokrom to commence in Q4 2017​.  Full Article

UPDATE 1-Vedanta names South African miner AngloGold Ashanti's CEO to top job

April 16 Diversified miner Vedanta Resources Plc on Monday named South African miner AngloGold Ashanti Ltd's Srinivasan Venkatakrishnan as chief executive officer.