JOHANNESBURG, SOUTH AFRICA--(Marketwired - Aug 21, 2013) - AngloGold Ashanti Ltd. (NYSE: AU) has continued its strategy of proactively managing its balance sheet by reaching agreement with its two banking syndicates to temporarily relax the financial covenant on both of its revolving credit facilities (RCFs). This is purely a proactive step by the company providing it protection, if required, against volatile market and [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Aug 12, 2013) - In terms of JSE Listings Requirement 3.63, AngloGold Ashanti (NYSE: AU) gives notice that an executive director of the company has purchased ordinary shares of the company, after receiving clearance to do so as required by Listing Requirement 3.66. Details of the purchase are provided below: ...
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Aug 7, 2013) - AngloGold Ashanti (NYSE: AU) Solid gold production of 935koz, in-line with guidance provided for the period of 900-950k oz; up 4% from Q1. Total cash costs of $898/oz, better than the adjusted guidance range for the period of $900/oz and $920/oz. $1.25bn bond issue provides additional liquidity; improves debt maturity profile. Net debt at 30 June 2013 was [...]
AngloGold Ashanti (NYSE: AU) -- The Tropicana Gold Project (AngloGold Ashanti Australia Ltd 70% and manager, Independence Group 30%) has commenced its commissioning phase and is expected to produce first gold in the September quarter. "Tropicana is a significant new, low-cost mine in an emerging gold province and will improve the quality of AngloGold Ashanti's portfolio," Graham Ehm, AngloGold Ashanti's Executive Vice [...]
AngloGold Ashanti today announced that it has commenced a cash tender offer to purchase for cash any and all of the outstanding 3.50% Guaranteed Convertible Bonds Due 2014 of AngloGold Ashanti Holdings Finance plc. The tender offer is being made upon the terms and subject to the conditions set forth in the Company's Offer to Purchase, dated July 25, 2013 (the "Offer to Purchase"). The Offer will expire at 11:59 p.m., New [...]
Not for Release, Publication or Distribution, Directly or Indirectly, in or Into Australia, Canada or Japan or Any Other State or Jurisdiction in Which It Would Be Unlawful to Do So JOHANNESBURG, SOUTH AFRICA--(Marketwired - Jul 25, 2013) - AngloGold Ashanti Ltd. (NYSE: AU) (the "Company") is pleased to announce the pricing of an offering of $1,250 million aggregate principal amount of 8.500% notes due 2020. Subject to [...]
AngloGold Ashanti (NYSE: AU) Holdings plc (the "Company") today announced its intention to commence a cash tender offer to purchase any and all of the outstanding 3.50% Guaranteed Convertible Bonds Due 2014 (CUSIP/ISIN Nos. 03512QAA5/US03512QAA58 and G03791AA1/ XS0430548056) (the "Bonds") of AngloGold Ashanti Holdings Finance plc at a purchase price of $1,015 for each $1,000 principal amount of Bonds validly tendered. In [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Jul 15, 2013) - AngloGold Ashanti Ltd. (NYSE: AU) today announced that it has mandated Citigroup, Deutsche Bank and Goldman Sachs to organize a series of fixed income investor meetings across Europe and the United States, which will serve as an update on AngloGold's credit profile in view of the company's plans to access the capital markets with a US dollar senior notes offering [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Jul 15, 2013) - In compliance with Paragraph 3.59(b) of the JSE Listings Requirement, shareholders are advised of the resignation of Mr. Anthony Martin O'Neill ('Tony') as an executive director from the Board of Directors with effect from 19 July 2013. In addition he has decided to take early retirement and will be relinquishing his position at the company as Executive Vice [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - Jul 15, 2013) - AngloGold Ashanti (NYSE: AU) is pleased to report a solid second quarter operational performance with production of 935,000oz at a total cash cost of between $900/oz and $920/oz. This is in line with market guidance of 900,000oz to 950,000oz at a total cash cost of $900/oz to $950/oz. Detailed operating and financial results for the three months to 30 June 2013 [...]
In terms of JSE Listings Requirement 3.63, AngloGold Ashanti (NYSE: AU) gives notice that an executive director of the company has purchased shares of the company, after receiving clearance to do so as required by Listing Requirement 3.66. Details of the purchase are provided below:
AngloGold Ashanti today posted a six-fold improvement in adjusted headline earnings from the previous quarter to $113m as the costs were better than guidance and the company made steady progress recovering from the strike action in South Africa in the last quarter of 2012. A continued emphasis on cost optimisation saw total cash costs beat guidance at $894/oz, with further improvements during the year as focus was [...]