TSXV: ZON BEDFORD, NS, Nov. 19, 2015 /CNW/ - As announced in a press release dated March 26, 2014, Zonte (the "Company"), in collaboration with several Colombian Partners, made applications for mineral titles in Colombia. One of the applications was made over open ground sitting over the Gramalote Deposit which is a joint venture between AngloGold [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - November 11, 2015) - The Tropicana Gold Mine today celebrated production of its 1 millionth ounce on schedule, just over two years since pouring first gold. "We poured first gold at Tropicana in September 2013 and the fact that the mine has produced its millionth ounce on schedule is testament to the hard [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - November 09, 2015) - AngloGold Ashanti (NYSE: AU) delivered another solid operating and financial performance for the third quarter, with production and costs both better than guidance, a marked reduction in debt levels, and strong cash flows despite a 12% decrease in the gold price year-on-year. "These [...]
ACCRA, GHANA--(Marketwired - September 16, 2015) - Randgold Resources Ltd. ("Randgold") and AngloGold Ashanti (NYSE: AU) have concluded an investment agreement (the "Agreement") aimed at the formation of a joint venture to redevelop and operate AngloGold Ashanti's Obuasi gold mine in Ghana. In terms of the Agreement, Randgold will lead and fund a [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - August 17, 2015) - AngloGold Ashanti (NYSE: AU) today said it generated $71m of free cash flow in the second quarter with production and costs beating guidance on the back of another strong performance from its international mines and a recovery from its South African operations. Production was 1.007Moz at [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - May 11, 2015) - AngloGold Ashanti (NYSE: AU) today posted a first-quarter operational performance ahead of market guidance, with a 7% year-on-year improvement in all-in sustaining costs (AISC) due mainly to a strong result from its international mines. The company maintained its full-year guidance for [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - February 23, 2015) - AngloGold Ashanti (NYSE: AU) today posted its second consecutive growth in annual production alongside a 13% improvement in all-in sustaining costs, as it continued to focus on portfolio improvements and capital discipline.Production rose 8% to 4.44Moz at an all-in sustaining cost of [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - November 03, 2014) - Record safety performanceProduction 1,128Moz up 8% year-on-year; beats guidanceTotal cash costs up 1% to $820/oz; beat guidanceAll-in-sustaining costs down 10% year-on-year to $1,036/ozAll-in costs down 19% year-on-year to $1,144/ozFree Cash Flow of $30m, vs outflow of $222m in the [...]
AngloGold Ashanti reported a 17% increase in production for the second quarter compared with the same period a year earlier, as its two new mines continued to contribute lower-cost ounces, and a strong safety performance helped its South Africa operations improve their contribution. The overall result for the company showed significant improvement [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Jul 7, 2014) - AngloGold Ashanti (NYSE: AU) is pleased to announce Christine Ramon will be taking the post of Chief Financial Officer and Executive Director of the Board, from October 1, 2014. She will replace Richard Duffy, who will then step down from both the Board and Executive Committee. The [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - May 19, 2014) - AngloGold Ashanti (NYSE: AU) today posted a strong set of results, beating first-quarter production and cost guidance, as operating performance and cost initiatives continue to reposition the business. Adjusted headline earnings were $119m, or 29 US cents per share. "Our operators have [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Feb 19, 2014) - AngloGold Ashanti (NYSE: AU) said today all-in sustaining costs in 2013 improved and annual production rose for the first time in almost a decade after it successfully cut spending and commissioned two new mines. Production in 2013 was 4.105Moz, exceeding guidance, compared to 3.944Moz in [...]
