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|View AULGF Detailed Price Forecast - CNN Money||View AULGF Detailed Summary - Google Finance|
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`Let's Talk,' Ramaphosa Tells Producers: Africa Mining Update
Posted on Tuesday February 05, 2019
Tailings dams are also in the spotlight, after Vale SA’s disaster in Brazil. Highlights from Tuesday:AngloGold’s CEO suggested the company may provide an update on plans to streamline its assets when it reports annual results this month.Barrick chief Mark Bristow said the industry needs to change its mindset on “instant gratification.” Anglo Platinum’s CEO predicted palladium will remain in deficit for 10 to 15 years. South African President Cyril Ramaphosa emphasized support for the mining sector and said he wants to avoid a return to strained relations between the government and industry.
Why Pitney Bowes, Abiomed, and AngloGold Ashanti Slumped Today
Posted on Monday February 04, 2019
Find out why these stocks missed a rally on Wall Street.
AngloGold Earnings Jump as South Africa Exits Start to Pay Off
Posted on Monday February 04, 2019
Key Insights The closure of its TauTona mine and sale of Moab Khotsong and Kopanang in South Africa is already bearing fruit as AngloGold focuses on its lowest-costs mines.The performance of the No. 3 gold producer was also buoyed after income from its Kibali operation in the Democratic Republic of Congo rose by $95 million.The turnaround at AngloGold lays down a marker as the Johannesburg-based miner weighs listing in either London or Toronto. Market ReactionAngloGold shares fell 1 percent as of 9:56 a.m. in Johannesburg, paring their gain over the past 12 months to 45 percent.
Gold Fields Wants to Combine With Rival AngloGold
Posted on Tuesday January 22, 2019
Gold Fields believes it would be the ideal combination as the two miners operate in similar jurisdictions and have a shared philosophy, said the person, who asked not to be identified because the information is private. The enlarged company could produce almost 6 million ounces of gold a year, closing the gap on Newmont Mining Corp. and Barrick Gold Corp., which have both announced mega deals. Gold Fields shares climbed as much as 7.7 percent and AngloGold rose as much as 3.5 percent in Johannesburg.