LATEST NEWS FOR AngloGold Ashanti Ltd.  

AngloGold Ashanti, an independent, global gold mining company with a diverse, high-quality portfolio of operations and projects, is headquartered in Johannesburg, South Africa.... [more info]

Is the rising gold price a self-fulfilling prophecy?

9 Jul 2020 /  Patrick Cairns, Citywire   31
There's little evidence that gold is in fact a useful inflation hedge – Mandi Dungwa, Kagiso Asset Management.

Havens help Johannesburg stocks surge to best quarter since 2001

30 Jun 2020 /  Adelaide Changole, Bloomberg    5
South Africa's benchmark index has outperformed MSCI EM peers since March.

Harmony to start share sale to fund AngloGold deal

25 Jun 2020 /  Promit Mukherjee, Reuters  
Deal will make Harmony South Africa's biggest gold producer.

PIC seeks clarification over AngloGold CEO payments

20 Jun 2020 /  Felix Njini and Loni Prinsloo, Bloomberg   
Kelvin Dushnisky has repaid an $800 000 bonus he received for joining in 2018.

Rebooting world’s deepest mines sparks massive labour migration

11 Jun 2020 /  Felix Njini, Bloomberg   
Workers from neighbouring nations provide critical skills to SA's gold and platinum mines.

AngloGold Ashanti’s Mponeng mine restarts slowly after Covid-19 closure

4 Jun 2020 /  Helen Reid, Bloomberg  
'Our aim is a gradual ramp up to 50% capacity,' AngloGold Ashanti spokesman Stewart Bailey said in an emailed statement.

SA’s mining production to fall 8-10% this year – Minerals Council

26 May 2020 /  Helen Reid and Zandi Shabalala, Reuters   1
On the back of the pandemic-related lockdown.

South Africa miners want to ramp up capacity as profits prove elusive

21 May 2020 /  Tanisha Heiberg, Reuters   1
Companies lobby government to allow more production.

Rand Refinery restarts smelter, ramps up refining as SA’s lockdown eases

7 May 2020 /  Helen Reid, Reuters   4
Rand Refinery joins the ranks of gold refineries in Switzerland firing up almost all operations again after the country relaxed its lockdown measures.

Rand falls amid weak economic data

6 May 2020 /  Olivia Kumwenda-Mtambo and Nqobile Dludla, Reuters  
The Top 40 index rose 1.64% while the broader all-share closed 1.32% firmer.

Africa’s top gold refiner restarts smelter after Covid-19

6 May 2020 /  Felix Njini, Bloomberg  
'We have established a good routine and have been able to ensure that product from our mining clients is shipped to us and that refined product makes its way to bullion banks and end user customers,' the CEO said.

Naspers surge puts SA stocks on track for record month

30 Apr 2020 /  Adelaide Changole, Bloomberg    3
Stocks set for best month since at least 1995.

Rand, stocks rally as stimulus, easing lockdowns lift sentiment

28 Apr 2020 /  Mfuneko Toyana, Reuters  
Bonds firmed, with the yield on the 2030 bond down 17.5 basis points to 10.780%.

Mines forced to overhaul their supply chains

7 Apr 2020 /  Ciaran Ryan   2
Keeping six months’ stock of essential supplies, considered wasteful a year ago, now seems like a good idea.

Look who’s winning during lockdown

6 Apr 2020 /  Ciaran Ryan   5
Netflix, of course. Also teleconferencing provider Zoom, toilet paper makers – and gold.

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