AngloGold Ashanti Says Third-Quarter Free Cash Flow Soars to $161m

AngloGold Ashanti announced a significant jump in third-quarter free cash flow to $161m, further improving its net debt position despite a decline in ore grades at some of its operations and a challenging operating environment for its South African business. Free cash flow was $161m,…

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Anglogold Ashanti Trading Statement For he Six Months Ended 30 June 2016

AngloGold Ashanti will release results for the six months ended 30 June 2016 (“the period”) on the Johannesburg Stock Exchange News Service on 15 August 2016.   With reference to the Listings Requirements of the JSE Limited, issuers are required to publish a trading statement…

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AngloGold Ashanti Generates Strong Cash Flow in Q1; Operations Solid

AngloGold Ashanti today announced strong free cash flow in the first quarter as an ongoing focus on cost management, and leverage to weaker currencies, yielded positive results and improved margins. Free cash flow was $70m, a marked improvement to the outflow of $40m in the…

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Fatality at TauTona Mine

AngloGold Ashanti regrets to announce the death of an employee at its TauTona Mine in the Carletonville area. The deceased, a Rock Drill Operator, was fatally injured in a fall of ground incident on Monday, 11 January 2016. The Department of Mineral Resources has been…

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AngloGold Ashanti Reaches Three-Year Wage Deal With Majority of SA Employees

Johannesburg – AngloGold Ashanti has reached a three-year wage deal with the majority of its employees in South Africa, providing certainty to operations that accounted for little over a quarter of its total production past year. The National Union of Mineworkers (NUM), Solidarity and the…

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Groundbreaking partnership to revive Obuasi gold mine

(Accra, Ghana, 16 September 2015) – Randgold Resources Limited (“Randgold”) and AngloGold Ashanti 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…

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AngloGold Ashanti Holdings plc Offers to Repurchase Bonds to Cut Debt, Interest

AngloGold Ashanti today announced that its wholly owned subsidiary, AngloGold Ashanti Holdings plc (“AGAH”), is offering to buy back up to $810,000,000 in aggregate principal amount of its outstanding 8.5% high-yield bonds that mature in 2020, as part of its strategy to reduce debt and…

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