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AngloGold Ashanti Ltd (ANGJ.J)

ANGJ.J on Johannesburg Stock Exchange

13,997.66ZAc
22 Nov 2017
Change (% chg)

424.66 (+3.13%)
Prev Close
13,573.00
Open
13,685.00
Day's High
14,150.00
Day's Low
13,618.00
Volume
1,868,311
Avg. Vol
1,723,984
52-wk High
18,711.00
52-wk Low
11,670.00

Latest Key Developments (Source: Significant Developments)

Zonte Metals acquires Iron Oxide Copper Gold Project
Wednesday, 15 Nov 2017 

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 

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 

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 

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

Moody's says South African gold and platinum miners' restructuring supports their credit profiles
Tuesday, 12 Sep 2017 

Sept 12 (Reuters) - Anglogold Ashanti Ltd -:Moody's: South African gold and platinum miners' restructuring supports their credit profiles.Moody's says restructuring of South African operations will be positive for credit profiles of Anglogold Ashanti Ltd, Gold Fields and Sibanye Gold.Moody's-South African mining groups' restructuring initiatives will protect their credit quality by returning South African operations to a state in which they are free cash flow-generating.Moody's -profitability of South African gold, PGM mining operations under increasing pressure due to still low, but slightly improved, price environment.  Full Article

Saracen Mineral enters into agreement with AngloGold
Monday, 17 Oct 2016 

Saracen Mineral Holdings Ltd : Asx alert-farm-in and joint venture agreement with Anglogold . Anglogold enters A$25m farm-in with Saracen at Carosue Dam north .Exploration partnership covers Butcher Well and Lake Carey tenements.  Full Article

Anglogold Ashanti says H1 adjusted earnings at 39cents/shr vs 15cents/shr yr ago
Monday, 15 Aug 2016 

Anglogold Ashanti Ltd : Report for the six months ended June 30 2016 . Says H1 gold production of 1.745 moz, in line with full year guidance range of 3.6moz - 3.8 moz . High yield bond fully redeemed on Aug. 1 2016, further improving future free cash flows . H1 all-in sustaining costs (AISC) were $911/oz, a $13/oz improvement year-on-year . Production was 1.745 moz at a total cash cost of $706/oz for six months to June 30 2016, compared to 1.878 moz at $726/oz in first six months of 2015 . Capital expenditure (including equity accounted entities) was $318m for six months ended June 30 2016 . Production guidance provided to market for 2016 full year remains unchanged . Estimated total cash costs are expected to remain between $680/oz and $720/oz . AISC are expected to remain between $900/oz and $960/oz at average exchange rates of zar14.97/$, brl3.51/$, $0.74/a$ and ap15.10/$, and brent crude oil at $42/bl average for year . Says H1 adjusted headline earnings were $159 mln, or 39 cents per share, compared with $61 mln, or 15 cents . Net debt at June 30 2016 was $2.098 bln, reflecting a net debt to adjusted ebitda ratio of 1.44 times . Says H1 adjusted headline earnings (AHE) of $159 mln, more than double compared to same period last year . Decrease in production from continuing operations was led by weaker production from Kibali and a planned decrease in head grades at Tropicana, as noted earlier in year.  Full Article

AngloGold Ashanti sees HEPS nearly tripling for 6 months ended June 30
Friday, 22 Jul 2016 

Anglogold Ashanti Ltd : Headline earnings are expected to be between $87 million and $99 million, with HEPS between 22 cents and 24 cents for 6 months ended June 30 . Sees six-month HEPS are both expected to be between 167% and 177% higher than for six months ended 30 June 2015 . Gold production for period is expected to be 1,745koz for 6 months ended June 30 . All-In sustaining costs of $911/oz for period ($924/oz for comparative period in 2015) .Says adjusted headline earnings and AHEPS, expected to exceed headline earnings and heps by $66 million and 16 cents, respectively.  Full Article

Luna Gold announces Greenfields exploration agreement with AngloGold Ashanti
Friday, 27 May 2016 

Luna Gold Corp : Luna Gold announces Greenfields exploration agreement with AngloGold Ashanti . Terms of agreement require AngloGold Ashanti to invest us$14 million in exploration expenditure over a four year period . Should AngloGold Ashanti not fund us$14 million in exploration over 4-yrearn in period, then will not receive any interest in mineral claims . AngloGold Ashanti is required to spend a minimum of us$2 million during first year of earn-in period . AngloGold Ashanti can withdraw from agreement at any time after spending us$2 million . Luna will thereafter be obligated to fund future joint venture expenditures on a pro-rata basis .Joint venture agreement will provide AngloGold Ashanti with a one-time option to purchase 1% NSR for us$8 million.  Full Article

AngloGold Ashanti reiterates FY outlook
Monday, 9 May 2016 

AngloGold Ashanti Ltd : Free cash flow was $70m for quarter, a strong improvement to free cash outflow of $40m in q 1 2015 . Production was 861,000 oz at an average total cash cost of $702/oz for quarter ended 31 March 2016. . Outlook for full year remains unchanged and within previous guidance range . Adjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA) were $378m, compared with $402m in Q1 of 2015, .Capital expenditure is anticipated to be between $790m and $850m..  Full Article