In the first quarter of 2014, AngloGold Ashanti began mining with a new technology, reef boring.
Articles Tagged "NYSE:AU"
Bloomberg reported yesterday that Epangelo Mining Co., Namibia's state-owned mining company, is speaking with privately owned QKR Corp. about purchasing a stake in the Navachab gold mine. QKR agreed to buy Navachab from AngloGold Ashanti Ltd. (NYSE:AU) just this month.
AngloGold Ashanti Ltd. (NYSE:AU) announced on Wednesday its results for the fourth quarter of 2013, as well as for the year as a whole, commenting that its production came to 4.105 million ounces. That's up from 3.944 million ounces in 2012 and the first time since 2005 that the company has seen a yearly production increase.
Reuters reported that in 2014, Mali's gold production will sink on the back of the closure of the Yatela mine, which is partially owned by AngloGold Ashanti Ltd. (NYSE:AU) and IAMGOLD Corp. (TSX:IMG,NYSE:IAG).
AngloGold Ashanti Ltd. (NYSE:AU,ASX:AGG) announced on Monday that it has signed a binding agreement to sell its subsidiary, AngloGold Ashanti Namibia (Proprietary) Ltd., to a QKR Corporation Ltd. subsidiary. AngloGold Ashanti Namibia owns the Navachab gold mine.
Brazil is not a top-10 gold producer, but its ample reserves have caught the attention of many gold juniors active in the South American economic power.
MINING.com reported that South African gold powerhouse AngloGold Ashanti (NYSE:AU) returned to profit for the first quarter of the last four.
An impasse over budget talks in the United States is testing bullion's value as a safe haven asset.
ABC News reports that Tropicana, Western Australia's latest gold mine, has poured its first gold.
Gold has been hit by a double-whammy: uncertainty over an attack on Syria and good US economic news.