AngloGold gets $1bn loan to refinance convertible bond

Gold major AngloGold Ashanti has entered into a $1-billion term loan facility agreement with Standard Chartered Bank to refinance its convertible bond. The gold producer on Friday reported that the term facility was available to be drawn during...

AngloGold Ashanti recommends shareholders reject 'below market' ADS offer

Gold major AngloGold Ashanti on Friday advised shareholders that an unsolicited "mini-tender offer" made by a Canadian firm for about four-million of its American depository shares (ADSs) was "below market". "AngloGold Ashanti recommends against...

Court rules in favour of AngloGold in R2,7m silicosis case

The Johannesburg High Court on Thursday ruled in favour of gold-miner AngloGold Ashanti in terms of a R2,7-million occupational health disease claim lodged by a former employee, Thembekile Mankayi. The ruling had also settled a dispute on whether...

AngloGold reports fivefold increase in Q1 adjusted headline earnings

Gold producing major AngloGold Ashanti on Tuesday reported a more than fivefold increase in adjusted headline earnings for the first quarter of 2008 to $105-million, compared with $18-million in the previous quarter. This was despite...

Opportunity to take on top five diversified mining majors in 5 to 10 years, says AngloGold CEO Cutifani

New AngloGold Ashanti CEO Mark Cutifani sees an opportunity to transform what is currently a gold-focused company into a global diversified multi-commodity mining major able to take on the world’s top-five from a Johannesburg base.

Resources wealth increasingly underpinning the 'Beautiful Game'

Pamodzi Gold chairperson Ndaba Ntsele quips that the first thing miners asked him when his company took over the Orkney gold-mining shafts from Harmony Gold was whether or not he was going to buy a soccer team "like Patrice Motsepe's".

Resources wealth increasingly underpinning the 'Beautiful Game'

Pamodzi Gold chairperson Ndaba Ntsele quips that the first thing miners asked him when his company took over the Orkney gold-mining shafts from Harmony Gold was whether or not he was going to buy a soccer team "like Patrice Motsepe's".

On-The-Air (30/03/2007)

In this broadcast: Australian Premier visits SA's to seek collaboration on clean-coal; Katanga Governor banning raw copper ore from leaving Congo; Two analysts fearing possible break-up of AngloGold.

AngloGold Ashanti's Ghana output to be affected by power shortages

While power-supply problems continued to affect AngloGold Ashanti's Ghanaian operations, the gold-miner had agreed to collaborate with the government and relevant authorities to minimise the impacts of the power shortage, the company said in a...

London cries foul as Anglo moves to sell off gold shares

Shareholder value could be lost in Anglo American plc’s relinquishing of its control of AngloGold Ashanti, a London analyst warned last week.

Value could be lost in Anglo’s gold sell-down, analyst warns

Shareholder value could be lost in Anglo American plc’s relinquishing of its control of AngloGold Ashanti, a London analyst warned today.

Ashanti's Q3 earnings fall

Ghanaian gold miner Ashanti, which is set to merge with South Africa's AngloGold, reported in its quarterly results that earnings were $20,2-million, down $2,3-million on the corresponding period last year but up $12,4-million on the previous...