AngloGold Ashanti Ltd (ANGJ.J)
17 Nov 2017
* AngloGold cuts exposure to tough domestic industry (Adds shares, details)
JOHANNESBURG, Aug 21 South Africa's AngloGold Ashanti reported a first-half loss on Monday on costs related to layoffs and money set aside for litigation, but stuck to its full-year targets.
JOHANNESBURG AngloGold Ashanti's chief executive has not ruled out the possibility of separating the gold miner's South African assets from the rest of the portfolio but said its debt remained too high.
JOHANNESBURG, Aug 21 AngloGold Ashanti's chief executive has not ruled out the possibility of separating the gold miner's South African assets from the rest of the portfolio but said its debt remained too high.
JOHANNESBURG/LONDON AngloGold Ashanti is considering separating its South African assets from the rest of its portfolio, two sources familiar with the matter told Reuters, three years after shareholders revolted against a similar effort.
JOHANNESBURG South Africa's rand and mining stocks strengthened on Wednesday as the dollar plunged on U.S. stimulus uncertainty, although AngloGold Ashanti fell more than 4 percent after saying it may retrench 8,500 workers.
JOHANNESBURG, June 28 AngloGold Ashanti is considering laying off 8,500 workers, some 30 percent of its workforce, Africa's biggest gold miner said on Wednesday, as it looks to restructure its South African mines.
JOHANNESBURG, June 28 Africa's biggest gold miner AngloGold Ashanti is considering retrenching 8,500 mine workers as part of its restructuring of its South African business "to ensure their viability", sending its shares lower.
* Received formal notification from Blackrock, that it has acquired a beneficial interest in securities of company