back to homepage

Tag "anglogold-ashanti"

Unprotected Work Stoppage Impacts AngloGold Ashanti-s South Africa Operations 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 09/25/12 — Workers at AngloGold Ashanti-s (NYSE: AU) South African operations have embarked on an unprotected strike, preventing the commencement of the night shift on September 25. Workers at the West Wits and balance of the Vaal River Regions- operations joined those at Kopanang, who embarked on an unprotected work stoppage on September 20. This interruption to normal mining and processing operations comes amid unprocedural disruptions elsewhere

Read More

Unprotected Work Stoppage Impacts AngloGold Ashanti-s Kopanang Mine 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 09/21/12 — An unprotected strike at AngloGold
Ashanti-s (NYSE: AU) Kopanang operations prevented the night shift from
taking place on September 20, 2012. The strike is currently confined to
this single mine. Management-s priority is to maintain safety, peace and
stability at the site and to continue a constructive dialogue with all
employees, their representatives and other stakeholders. The company is
following the necessary procedures and an updat

Read More

AngloGold Ashanti Obtains US$1 Billion, Five-Year Revolving Credit Facility 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/23/12 — AngloGold Ashanti (NYSE: AU) is
pleased to announce that it has signed a new US$1 billion, five-year unsecured
revolving credit facility (RCF) maturing in July 2017 with its banking
syndicate. This replaces the existing four-year, US$1bn unsecured RCF maturing
in April 2014. The new RCF was significantly over-subscribed.The new facility improves the overall tenor and maturity profile of the
group-s existing debt facilities and further s

Read More

AngloGold Ashanti Gold Production Rises 9%; Ahead of Guidance 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/23/12 — AngloGold Ashanti (NYSE: AU) is
pleased to report strong second quarter gold production of 1.073Moz, which
represents a 9% improvement on the first quarter, at an estimated total cash
cost of $800/oz – $805/oz. The result is better than the company-s market
guidance for the quarter of 1.04Moz at a total cash cost of $840/oz – $845/oz,
due largely to strong operating performances from the group-s Continental
Africa region and the Americas

Read More

AngloGold Ashanti Credit Rating Upgraded by Moody-s on Improved Fundamentals 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 03/15/12 — AngloGold Ashanti (NYSE: AU) is
pleased to acknowledge that Moody-s Investors Service today upgraded the
issuer rating of AngloGold Ashanti Limited to Baa2 from Baa3, together with
upgrading the senior unsecured debt obligations of the company-s guaranteed
subsidiary to Baa2, in recognition of significant improvements in the
company-s balance sheet position and operational performance."We-ve come a long way in three years, with the

Read More

AngloGold Ashanti Earnings Surge to Record $342M; Ups Dividend 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 08/04/11 — AngloGold Ashanti (NYSE: AU)
posted record adjusted headline earnings* of $342m in the second quarter
after production and costs improved amid record gold prices."We did a good job of containing costs and growing production, despite some
difficult production issues," Chief Executive Officer Mark Cutifani said.
"Our focus on driving free cash-flow generation and returns is evident in
these results and this positions us well

Read More

AngloGold Ashanti to Acquire Interest in First Uranium From Village Main Reef 0

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/22/11 — AngloGold Ashanti Limited
("AngloGold Ashanti") (NYSE: AU) has entered into an agreement to acquire
ownership over the 47,065,916 shares in First Uranium Corporation ("First
Uranium") held by Village Main Reef Limited ("Village"), which equates to a
19.79% interest in First Uranium, for CAD0.60 per share (ZAR4.3569 per
share or USD0.64 per share) representing aggregate consideration of
approximately CAD28 mi

Read More