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Anglogold Ashanti Data

Anglogold Ashanti News

  • Randgold Resources: Kibali Delivers Progress Despite Challenges 2016-10-18

    JERSEY, CHANNEL ISLANDS--(Marketwired - Oct 18, 2016) -  Randgold Resources (LSE: RRS) (NASDAQ: GOLD)

  • AngloGold joins Saracen in Carosue Dam North gold search 2016-10-17
    Dual-listed gold miner Anglogold Ashanti could spend as much as A$25-million to gain a 70% interest in gold exploration tenements located west of its Sunrise Dam gold mine, in Western Australia. The Butcher Well and Lake Carey tenements form part of smaller rival Saracen Mineral Holdings’ Carosue Dam North project area and cover 339.5 km2.
  • ASX: Farm-in and Joint Venture Agreement with AngloGold 2016-10-16
  • Illegal miners in Ghana ignore deadline to quit AngloGold mine 2016-10-14
    Illegal miners operating at AngloGold Ashanti's Obuasi mine in Ghana have ignored a government deadline to leave, delaying company plans to restart production. Up to 5 000 miners were still working at Obuasi in the Ashanti region on Friday, four days after a deadline for them to leave, said Benjamin Annan, spokesperson for the Association of Small Scale Miners. He said relocation plans that would enable them to move were yet to be finalised.
  • Cash costs plunge below $700/oz at AngloGold’s Mponeng mine 2016-09-23
    Mponeng gold mine, near Carletonville, in the North West, currently the world’s deepest mine, was one of the lowest-cost producers in South Africa during the first half of 2016, states South African gold mining major AngloGold Ashanti in its earnings report for the six months ended June 30, released in mid-August. The gold miner highlights that, for the first half of the year, its South African flagship operation, which is undergoing a six-phase expansion project, achieved a cash cost of $692/oz, which reflected a 25% year-on-year improvement.
  • Mothballed Ghana gold mine reveals risk of reliance on minerals 2016-08-30
    Two years after AngloGold Ashanti suspended production at its giant but loss-making gold mine in Obuasi, central Ghana, the boom of underground explosions has resumed. Lacking any alternative in an area devastated by the mine's closure and the loss of thousands of jobs, hundreds of people broke into the site, dug shafts by hand and grew so bold in their quest for gold they started using explosives.
  • Alecto, Ashanti to jointly develop Mali-based Kossanto project 2016-08-22
    To further develop the 247 00 oz Mali-based Kossanto East gold project, owner Alecto Minerals has signed a nonbinding letter of intent (LoI) with TSX-V-listed Ashanti Gold. The Canadian exploration and development company now has the right to earn a 65% stake in the project by completing a preliminary feasibility study (PFS) within 36 months. Should Ashanti not complete the PFS within the allocated time, it may instead elect to pay $4-million to Alecto within 90 days.
  • AngloGold’s free cash trebles, slashes net debt 2016-08-18
    AngloGold Ashanti recently announced that it had more than trebled free cash flow generation in the first half of the year to $108-million. Mining Weekly editor Martin Creamer speaks to Creamer Media's Sashnee Moodley about the developments.
  • Illegal miner progress at Obuasi ‘frustratingly slow’ – AngloGold 2016-08-15
    The occupation by illegal miners of part of the Obuasi gold mine, in Ghana, is slowing the feasibility work AngloGold Ashanti is undertaking for the modernisation of the troubled operation. Obuasi’s first half of 2016 has been dominated by the incursion of illegal miners on to the operating area, despite extensive engagements with the authorities at all levels to re-establish law and order.
  • Randgold profit down on Tongon mill breakdown, lower Kibali output 2016-08-04
    Prolonged mill downtime at Tongon and the Kibali plant’s continuing transition to a mixed-ore feed negatively impacted the production and costs of London-listed Randgold Resources in the three months to June 30. One of Tongon’s two milling circuits lost 46 days after a breakdown and Kibali’s production was 4% down quarter-on-quarter at 281 494 oz.

Anglogold Ashanti Information

  • Company 2015-05-10
    AngloGold Ashanti, headquartered in Johannesburg, South Africa, is a producer of gold with 20 operations in 10 countries on four continents, as well as several exploration programmes in both the established and new gold producing regions of the world.

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