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AngloGold Ashanti (NYSE:AU) expects to meet its production guidance this year despite operational disruptions at several sites, supported by stronger performance across the rest of its global portfolio, Chief Executive Officer and Executive Director Alberto Calderon said during a company presentatio
AngloGold Ashanti (NYSE:AU) is advancing substantial capital spending at its Geita Gold Mine and several brownfield projects. Management plans to extend mine life and upgrade processing and support infrastructure at Geita as part of the new program. The company is also directing investment to increase gold output across a group of existing operations rather than new greenfield sites. AngloGold Ashanti's decision to pour fresh capital into Geita and other brownfield mines is worth weighing...
AngloGold Ashanti (NYSE:AU) has come under pressure after a downgrade from BMO Capital, rising crude oil prices, and higher U.S. Treasury yields, with recent quarterly results also missing consensus expectations. For context, AngloGold Ashanti’s share price has pulled back sharply in the short term, with a 7 day share price return of 9.53% and a 30 day share price return of 16.4% in the red, even though the 90 day share price return of 16.99% and year to date gain of 10.55% point to momentum...
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