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 [...]
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 [...]
