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By Charlotte Matthews |
July 15, 2008
Gold miner AngloGold Ashanti's June quarter profit will be hit by its decision to reduce its gold and uranium contracts but the moves will give it greater exposure to spot markets in future
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By Charlotte Mathews |
July 8, 2008
Anglogold Ashanti's $1,6bn rights issue closed last week with investors applying for almost six times more than the number of shares the company offered.
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By Charlotte Mathews |
July 2, 2008
AngloGold Ashanti and FirstRand International have each sold their 50% stake in Nufcor International for an undisclosed sum.
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By Business Day |
June 27, 2008
Every dog has its day, and at some point that must apply even to South Africa's gold companies.
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By Luphert Chilwane |
June 9, 2008
Gold and coal miners defend themselves against charges of pursuing profits at the expense of community development.
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By Edward West |
May 23, 2008
Investors greet the group's intention to cut its hedge book warmly, but the market may be concerned about the discount required to get the share issue away to pay for it.
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By Charlotte Mathews |
May 14, 2008
But uncertainty about the sustainability of power supply makes it difficult to forecast future production levels.
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By Charlotte Mathews |
May 14, 2008
New CEO Neville Nicolau says mining companies should be measured on three key outputs: safety, production and cost management.
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By Charlotte Mathews |
May 8, 2008
SP Reid analysts it's hard to compare Wits Gold's valuation with other gold explorers because of the size and depth of Wits Gold's resources.
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By Charlotte Mathews |
May 7, 2008
The 2% improvement in the gold price to $876/oz yesterday from Monday's lows can be partly attributed to news that AngloGold is substantially reducing its hedge book.