Total : 27 View more »
JOHANNESBURG, SOUTH AFRICA--(Marketwire - 11/20/09) - AngloGold Ashanti Limited (NYSE:AU - News)(JSE: ANG) is pleased to announce that it has acquired, through its wholly-owned subsidiary, Ashanti
http://finance.yahoo.com/news/AngloGold-Ashanti-Announces-iw-1425655589.html?x=0
AngloGold Ashanti and De Beers will start an offshore search for gold off the coast of New Zealand as part of their newly formed joint venture.
http://www.miningmx.com/news/gold_and_silver/Anglogold-de-beers-target-new-zealand.htm
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http://www.industrialinfo.com/showAbstract.jsp?newsitemID=150636
TEL AVIV (MarketWatch) -- AngloGold Ashanti, the Johannesburg gold miner, reported a third-quarter adjusted loss of $596 million, or $1.65 a share, reflecting a restructuring of its hedges. Excluding the cost of buying back those hedges, adjusted earnings were $163 million, the company said in a
Total : 55 View more »
Nov 23, 2009 (SmarTrend(R) Spotlight via COMTEX) --
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Tags: market nyse profit securities trial
Companies: Anglogold Ltd. (AU)
Nov 23, 2009 (FinancialWire via COMTEX) --
(Comment on this article at http://www.financialwire.net/2009/11/23/anglogold-ashanti-buys-minority-stake-in-commander-goldfields/)
November 23, 2009 (FinancialWire) -- AngloGold Ashanti Ltd. (NYSE: AU) has acquired, through its wholly-owned subsidiary, Ashanti Goldfields Services ten million units in Commander Resources Inc. through a non-brokered private placement.
Each unit consists of one common share in the capital of Commander and one and a half of one common share purchase warrant, with each whole common share purchase warrant entitling Ashanti to purchase one additional common share at a price of Cdn$0.24 per share until November 17, 2011.
As a result of the acquisition of such units, Ashanti now owns approximately 11.1% of the total issued and outstanding shares of Commander, prior to the exercise of the warrants.
Ashanti was not previously a shareholder in Commander. In the event Ashanti exercises all of the warrants, Ashanti would own 15,000,000 common shares, representing approximately 14.7% of the then issued and outstanding common shares of Commander, on a fully diluted basis.
In consideration for these shares, Ashanti made a cash payment in the amount of Cdn$1,200,000 upon closing of the private placement.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
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Tags: nyse Private Placement web
Companies: Anglogold Ltd. (AU)
Nov 23, 2009 (M2 EQUITYBITES via COMTEX) --
Gold producer AngloGold Ashanti Ltd (NYSE:AU) (JSE:ANG) declared on Friday the acquisition by its wholly-owned subsidiary, Ashanti Goldfields Services Limited (Ashanti), of 10,000,000 units of Commander Resources Inc, through a non-brokered private placement. A Each unit consists of one common share in the capital of Commander and one and a half of one common share purchase warrant. Each whole common share purchase warrant entitles Ashanti to purchase one additional common share at a price of CAD0.24 per share until 17 November 2011. A Following the acquisition of these units but prior to the exercise of the warrants, Ashanti owns approximately 11.1% of the total issued and outstanding shares of Commander. A If Ashanti exercises all of the warrants, the company will own 15,000,000 common shares, representing approximately 14.7% of the then issued and outstanding common shares of Commander, on a fully diluted basis. A Ashanti made a cash payment of CAD1.2m in consideration for these shares upon closing of the private placement.
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Tags: gold nyse Private Placement
Companies: Anglogold Ltd. (AU)
JOHANNESBURG, SOUTH AFRICA, Nov 20, 2009 (Marketwire via COMTEX) --
AngloGold Ashanti Limited (NYSE:AU)(JSE:ANG) is pleased to announce that it has acquired, through its wholly-owned subsidiary, Ashanti Goldfields Services Limited ("Ashanti") 6 St. James Place, London, SW1A 1NP, United Kingdom, 10,000,000 units in Commander Resources Inc. ("Commander") through a non-brokered private placement.
Each unit consists of one common share in the capital of Commander (each a "Common Share") and one and a half of one common share purchase warrant, with each whole common share purchase warrant (each a "Warrant") entitling Ashanti to purchase one additional Common Share at a price of Cdn$0.24 per share until November 17, 2011.
As a result of the acquisition of such units, Ashanti now owns approximately 11.1% of the total issued and outstanding shares of Commander, prior to the exercise of the Warrants. Ashanti was not previously a shareholder in Commander. In the event Ashanti exercises all of the Warrants, Ashanti would own 15,000,000 Common Shares, representing approximately 14.7% of the then issued and outstanding Common Shares of Commander, on a fully diluted basis.
In consideration for these shares, Ashanti made a cash payment in the amount of Cdn$1,200,000 upon closing of the private placement. Ashanti has relied on the exemption set out in section 2.3(1) of National Instrument 45-106 Prospectus and Registration Exemptions, as Ashanti is purchasing the securities as principal and is an accredited investor.
Ashanti acquired the securities for investment purposes only and may, depending upon market and other conditions, increase or decrease its beneficial ownership, control or direction over, or exercise its current rights to acquire, common shares or other securities of Commander through market transactions, private agreements or otherwise.
Certain statements made in this communication, including, without limitation, those concerning AngloGold Ashanti's strategy to reduce its gold hedging position including the extent and effects of the reduction, the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, growth prospects and outlook of AngloGold Ashanti's operations, individually or in the aggregate, including the completion and commencement of commercial operations of certain of AngloGold Ashanti's exploration and production projects and completion of acquisitions and dispositions, AngloGold Ashanti's liquidity and capital resources, and expenditure and the outcome and consequences of any pending litigation proceedings, contain certain forward-looking statements regarding AngloGold Ashanti's operations, economic performance and financial condition. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in gold prices and exchange rates, and business and operational risk management. For a discussion of such factors, refer to AngloGold Ashanti's annual report for the year ended 31 December 2008, which was distributed to shareholders on 27 March 2009 and the company's annual report on Form 20-F, filed with the Securities and Exchange Commission in the United States on May 5, 2009 as amended on May 6, 2009. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events. All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein.
AngloGold Ashanti posts information that is important to investors on the main page of its website at www.anglogoldashanti.com and under the "Investors" tab on the main page. This information is updated regularly. Investors should visit this website to obtain important information about AngloGold Ashanti.
AngloGold Ashanti Limited\(Incorporated in the Republic of South Africa)
(Reg. No.1944/017354/06)\ISIN Number: ZAE000043485\NYSE symbol: AU\JSE share code: ANG
SOURCE: AngloGold Ashanti Limited
AngloGold Ashanti Limited Alan Fine +27 (0) 11 637 6383 or Mobile: +27 (0) 83 325 0757 afine@anglogoldAshanti.com AngloGold Ashanti Limited Joanne Jones Media +27 (0) 11 637 6813 or Mobile: +27 (0) 82 896 0306 jjones@AngloGoldAshanti.com www.AngloGoldAshanti.com
Tags: acquisition annual report business commercial environment exercise exploration gold government investment london market mining nyse prices Private Placement securities south africa united kingdom
Companies: Anglogold Ltd. (AU)
Total : 1,653 View more »
Johannesburg — GLOBAL gold miner AngloGold Ashanti was permitted to resume exporting gold from its Siguiri mine in Guinea last week after advancing a $10m payment to the government for the mine's environmental liabilities, it said yesterday.
AngloGold Ashanti Limited is a global gold producer with 21 operations on four continents, a substantial project pipeline and an extensive, worldwide exploration program.
Paulson says he support the management in AngloGold. (Bloomberg News) http://www.clipsyndicate.com/video/playlist/1998/1074185?cpt=8&wpid=523
http://www.zibb.com/article/5489485/Video+Paulson+Backs+AngloGold+Managers
The Big Springs gold mining and milling complex is located 90 km north of Elko, Nevada. The mine, which operated between 1988 and 1994, is owned by AngloGold Corp. Following mill closure in 1994, the tailings facility has been used for site water management and for continued gold recovery.
Total : 11,600 View more »
AngloGold Ashanti: a leading global gold producer operating in 11 countries and listed on five stock exchanges, including the NYSE.
Page 1 The case study that refers to this document is available at: www.weforum.org/globalhealth/cases AGREEMENT Between ANGLOGOLD LIMITED (the "company") and NATIONAL UNION OF ...
http://www.weforum.org/pdf/Initiatives/GHI_HIV_Policy_Anglogold.pdf
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Speaking at the UBS Resources Conference in Sydney earlier today, Jonathan Best, AngloGold Ashanti's CFO, said the company faced a tough second quarter. He said revenue would be impacted by a US dollar spot price some $15 lower than in the March quarter.
Good morning distinguished delegates, ladies and gentlemen. The Indaba Mining conference has always been very special to me. This year it is even more so for at least two reasons.