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 [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Feb 17, 2014) - AngloGold Ashanti (NYSE: AU) announces that as a result of his increasing portfolio of professional commitments, Mr. Tito Mboweni has decided not to stand for re-election as Non-Executive Director at the Annual General Meeting to be held in May, 2014. Mr. Mboweni has stood down as Chairman [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Feb 10, 2014) - AngloGold Ashanti (NYSE: AU) is pleased to announce that it has signed a binding agreement to sell its entire interest in AngloGold Ashanti Namibia (Proprietary) Limited ("AGAN"), a wholly owned subsidiary which owns the Navachab Gold Mine ("Navachab"), to a wholly-owned subsidiary of QKR [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Nov 6, 2013) - AngloGold Ashanti (NYSE: AU) Gold production up 12% from previous quarter to 1,043koz; better than 950koz-1Moz guidance. Total cash costs $809/oz improve 10%; better than $860/oz-$890/oz guidance. Annual cost and production guidance1 maintained at 4.0Moz - 4.1Moz at $815/oz - $845/oz [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Sep 26, 2013) - AngloGold Ashanti (NYSE: AU) is pleased to announce that the Tropicana Gold Mine in Western Australia began production today ahead of schedule and within budget, adding new ounces at below the company's current average cost structure and so improving the overall quality of its portfolio [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Sep 25, 2013) - AngloGold Ashanti (NYSE: AU) reports that the Kibali Gold Mine, a joint venture with Randgold Resources, has successfully delivered its first gold production early and within budget to further improve the overall quality of its portfolio by introducing new ounces at costs lower than its [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Sep 6, 2013) - AngloGold Ashanti (NYSE: AU) can confirm that it has made an offer to its unionised employees in South Africa, under the auspices of the gold industry's collective bargaining framework, with the aim of reaching a two-year wage settlement. The National Union of Mineworkers, Solidarity and [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Aug 21, 2013) - AngloGold Ashanti Ltd. (NYSE: AU) has continued its strategy of proactively managing its balance sheet by reaching agreement with its two banking syndicates to temporarily relax the financial covenant on both of its revolving credit facilities (RCFs). This is purely a proactive step by the [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Aug 12, 2013) - In terms of JSE Listings Requirement 3.63, AngloGold Ashanti (NYSE: AU) gives notice that an executive director of the company has purchased ordinary shares of the company, after receiving clearance to do so as required by Listing Requirement 3.66. Details of the purchase are provided [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Aug 7, 2013) - AngloGold Ashanti (NYSE: AU) Solid gold production of 935koz, in-line with guidance provided for the period of 900-950k oz; up 4% from Q1. Total cash costs of $898/oz, better than the adjusted guidance range for the period of $900/oz and $920/oz. $1.25bn bond issue provides additional [...]
AngloGold Ashanti (NYSE: AU) -- The Tropicana Gold Project (AngloGold Ashanti Australia Ltd 70% and manager, Independence Group 30%) has commenced its commissioning phase and is expected to produce first gold in the September quarter. "Tropicana is a significant new, low-cost mine in an emerging gold province and will improve the quality of [...]
AngloGold Ashanti today announced that it has commenced a cash tender offer to purchase for cash any and all of the outstanding 3.50% Guaranteed Convertible Bonds Due 2014 of AngloGold Ashanti Holdings Finance plc. The tender offer is being made upon the terms and subject to the conditions set forth in the Company's Offer to Purchase, dated July [...]