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AngloGold Ashanti Ltd

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  • SINGAPORE, April 13- Gold steadied above $1,200 an ounce on Monday after rising more than 1 percent in a chart-based rebound the session before, but persistent concern that the U.S. central bank is on course to lift rates this year should cap any gains. *Spot gold was flat at $1,207.81 an ounce by 0015 GMT. *Africa's top gold mining company AngloGold Ashanti is...

  • Battered Africa gold valuations to spur mines sales Thursday, 19 Mar 2015 | 8:07 AM ET

    JOHANNESBURG/ LONDON, March 19- Some of the lowest valuations in decades and rising pressure on Africa's gold producers to restructure or perish are likely to spur a wave of acquisitions in a sector attracting a growing number of potential buyers. Gold producers are now being forced to shape up to stay afloat and their focus has switched to cutting costs and...

  • VANCOUVER/ TORONTO, Jan 21- The New Year's rally in gold stocks offers a respite for the beaten-down sector, but it masks deep-seated problems of bloated debt, weak growth prospects and overvalued assets that will emerge when miners post year-end results in coming weeks. Even if bullion's recent rally persists- it is up 9 percent this year to $1,290 an ounce-...

  • Midday movers: Credit Suisse, UBS, Citigroup & more Thursday, 15 Jan 2015 | 12:42 PM ET
    Wall Street subway station NYSE

    Some of Thursday's midday movers:

  • *Gold sector holds best opportunities in mining- QKR. Gold shed around a quarter of its value in the last two years after a more than decade-long bull run. "We have never been busier," said David Harquail, chief executive of royalty and streaming company Franco-Nevada.

  • Midday movers: Facebook, Chevron, Tesco & more Monday, 22 Dec 2014 | 12:46 PM ET

    Some of Monday midday movers:

  • JOHANNESBURG, Dec 10- South African stocks rebounded on Wednesday, led by gold mining companies such as Gold Fields and AngloGold Ashanti which rose on the back of a firm gold price and a weaker rand. Gold Fields was the biggest climber on Johannesburg's broader All-share index, gaining 6.6 percent to its highest level in more than a year. Africa's largest gold...

  • Midday movers: Abercrombie & Fitch, Conn's & more Tuesday, 9 Dec 2014 | 12:37 PM ET
    NYSE New York Stock Exchange Wall Street

    Some of Tuesday's midday movers:

  • Wednesday's midday movers: Apple, Kraft & more Wednesday, 3 Dec 2014 | 12:26 PM ET
    Traders on the floor of the New York Stock Exchange, December 1, 2014.

    Take a look at some of Wednesday's midday movers:

  • Trader on the floor of the New York Stock Exchange.

    Some of Monday's midday movers:

  • Midday movers: Allergan, Apple, Fluor & more Tuesday, 18 Nov 2014 | 12:56 PM ET
    New York Stock Exchange NYSE

    Some of Tuesday midday movers:

  • Midday movers: FibroGen, Google, McDonald's & more Friday, 14 Nov 2014 | 1:12 PM ET
    Wall Street subway station NYSE

    Some of Friday's midday movers:

  • Gold sheds 2% as dollar rises; open interest eyed Wednesday, 12 Nov 2014 | 3:30 PM ET

    Gold fell over 2 percent, nearly wiping out its previous session's rally, but signs of renewed buying interest in US futures could underpin prices.

  • LONDON, Nov 12- Gold rose on Wednesday as the dollar retreated from earlier highs, but overall sentiment stayed with the bears as outflows from bullion funds showed no sign of slowing. Holdings in SPDR Gold Trust, the world's top gold-backed exchange-traded fund, fell 0.12 percent to 724.46 tonnes on Tuesday- a six-year low. "The overall backdrop is still negative...

  • *Gold holds 1 pct gain from previous session. *Gold could struggle to sustain any rally. SINGAPORE, Nov 12- Gold held overnight gains on Wednesday, but could struggle to sustain rallies with the U.S. dollar close to four-year highs and outflows from bullion funds showing no signs of abating.

  • SINGAPORE, Nov 12- Gold retreated from sharp overnight gains early on Wednesday as the U.S. dollar edged closer on a four-year high. Gold has struggled to hold rallies with the dollar close to multi-year highs and big outflows from bullion funds. *Spot gold fell 0.2 percent to $1,161.60 an ounce by 0044 GMT, after gaining 1.2 percent on Tuesday from a softer dollar.

  • UPDATE 2-South Africa's AngloGold Ashanti to cut jobs Tuesday, 11 Nov 2014 | 6:30 AM ET

    JOHANNESBURG, Nov 11- South Africa's AngloGold Ashanti plans to cut staff through voluntary severance packages as the bullion producer feels the pinch of lower gold prices and rising costs, it said on Tuesday. A union source close to negotiations with the company said 1,200 positions were affected in South Africa, with AngloGold considering moving 300 staff...

  • Midday movers: Merck & Co., GoPro, Blackberry & more Monday, 10 Nov 2014 | 12:57 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Monday's midday movers:

  • Gold firms plan drastic cuts as bullion sinks Friday, 7 Nov 2014 | 1:58 AM ET
    Gold

    Struggling gold producers plan increasingly drastic measures to survive the latest price plunge - but not all of them will make it.

  • LONDON/ VANCOUVER Nov 6- Struggling gold producers plan increasingly drastic measures such as scrapping dividends, cutting jobs, halting projects and shutting mines to survive the latest price plunge, but not all of them will make it. According to Citi analysts, about three quarters of gold mining companies burn cash at spot prices just below $1,200 on an all-in...