Edition:
India

AngloGold Ashanti Ltd (ANGJ.J)

ANGJ.J on Johannesburg Stock Exchange

13,878.00ZAc
15 Nov 2018
Change (% chg)

345.00 (+2.55%)
Prev Close
13,533.00
Open
13,688.00
Day's High
14,001.00
Day's Low
13,627.00
Volume
899,643
Avg. Vol
1,216,986
52-wk High
15,420.00
52-wk Low
10,021.00

Latest Key Developments (Source: Significant Developments)

Anglogold Ashanti Sees FY Production At Top End Of Guidance
Monday, 5 Nov 2018 

Nov 5 (Reuters) - AngloGold Ashanti Ltd ::FULL-YEAR PRODUCTION EXPECTED AT TOP END OF GUIDANCE.FULL-YEAR COSTS TRENDING TOWARDS LOWER END, NON-SUSTAINING CAPEX REVISED DOWNWARDS.ADJUSTED EBITDA OF $355M; NET DEBT/ADJUSTED EBITDA RATIO 1.13 TIMES VERSUS 1.49 TIMES IN Q3 2017.NEW, FIVE-YEAR $1.4BN MULTI-CURRENCY REVOLVING CREDIT FACILITY SIGNED, REPLACING EXISTING $1BN AND AUSTRALIAN DOLLAR RCFS.KEY BROWNFIELDS PROJECTS IN INTERNATIONAL PORTFOLIO REMAIN ON TRACK TO DELIVER LOWER-COST OUNCES.PRODUCTION FROM RETAINED OPERATIONS STEADY AT 851,000OZ IN Q3 2018, VERSUS 853,000OZ IN Q3 2017.QTRLY ALL-IN SUSTAINING COSTS IMPROVE YEAR-ON-YEAR BY 14%, OR $151/OZ, TO $920/OZ.ADJUSTED EBITDA DECLINED TO $355M FOR Q3 OF 2018, FROM $399M IN Q3 OF 2017 DUE MAINLY TO LOWER GOLD PRICE AND FEWER OUNCES SOLD.SEES FY NON-SUSTAINING CAPEX $170 MILLION - $190 MILLION.NET DEBT DECREASED BY 15% YEAR-ON-YEAR TO $1.749 BILLION AT QUARTER-END.REMAINS ON TRACK TO COMPLETE REMAINING RESTRUCTURING OF ITS SOUTH AFRICAN COST BASE.CAPITAL EXPENDITURE IS EXPECTED TO RAMP UP DURING FOURTH-QUARTER, AND INTO NEXT YEAR.  Full Article

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

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 

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 

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 

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 

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 

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 

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 

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 

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

UPDATE 2-AngloGold may sell Mali mine after failing to agree investment

* Shares jump as costs and debt also fall (Recasts with plan to sell Sadiola, adds shares)