AngloGold sells Brazil mine Serra Grande for $76m
ANGLOGOLD Ashanti said on Monday it had agreed the sale of its Brazil mine Mineração Serra Grande (MSG) which will be acquired by Aura Minerals for $76m. Aura Minerals is a…
So far, AngloGold is on the right side of Centamin pricing risk
ANGLOGOLD Ashanti’s surprise $2.5bn swoop on UK-listed gold miner Centamin ushers in a new phase for Alberto Calderon, who marks his third year as CEO of AngloGold this month. He…
AngloGold Ashanti puts Brazil mine on care and maintenance
ANGLOGOLD Ashanti is to put its Brazilian mine Córrego do Sítio (CdS) on care and maintenance, saying in an announcement to the JSE today the mine was unable to fund itself. In…
Analysts are hands-off AngloGold until noise of Calderon turnaround dissipates
NEXT month signals two years since Alberto Calderon became CEO of AngloGold Ashanti. On paper, much has been achieved. The former BHP executive has cracked the whip on mine cash…
AngloGold to pare Brazil portfolio following year-long asset review
ANGLOGOLD Ashanti said today it would look to sell Brazilian mine Córrego do Sítio (CdS) while another mine in Brazil, Serra Grande could also be sold in time. This is following…
AngloGold flags interim earnings hit owing to tailings dam upgrade in Brazil
ANGLOGOLD Ashanti said today impairments and provisions related to evolving environmental legislation affecting its operations in Brazil had contributed towards a decline in…
AngloGold keeps it steady but CEO Alberto Calderon rows against tide of inflation
ANGLOGOLD Ashanti elected to retain its Córrego do Sítio operations (CdS) in Brazil operated by subsidiary AGA Mineração after failing to attract a buyer with “the right ESG…
AngloGold ices gold concentrate at Cuiabá while strengthens tailings dam wall
ANGLOGOLD Ashanti said it will suspend gold concentrate processing at its 257,000 ounce a year Cuiabá Complex in Brazil while it was improving the safety of the Calcinados…
AngloGold in talks to sell Córrego do Sítio to Jaguar Mining, says report
ANGLOGOLD Ashanti is in discussions to sell its Córrego do Sítio operations in Brazil which are operated by subsidiary AGA Mineração, according to a report by Mining.com. The…