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AngloGold Ashanti Limited (AU)
AngloGold Ashanti Limited (AU)
AngloGold to cut 2K jobs as it shrinks South Africa footprint
AngloGold Ashanti ( AU -2.1% ) says it will cut as many as 2K jobs at its domestic South African operations as part a restructuring aimed at reducing losses. More news on: AngloGold Ashanti Limited, Commodities news, Stocks on the move, Read more …
Tracking John Paulson's Paulson & Co. Portfolio - Q1 2018 Update
This article is part of a series that provides an ongoing analysis of the changes made to John Paulson's 13F stock portfolio on a quarterly basis. It is based on Paulson's regulatory 13F Form filed on 05/15/2018. Please visit our Tracking John Paulson's Paulson & Co. Portfolio series t…
Gold drops to lowest settlement of the year
Gold futures fell to their lowest settlement of the year , with June Comex gold -2.1% or $27.90/oz. to $1,290.30/oz. as today's spike in U.S. Treasury yields chase investors away from the yellow metal. More news on: Barrick Gold Corporation, Newmont Mining Corporation (Holding Company),…
Bloomberg: AngloGold upbeat on Africa even as mine uncertainty persists
AngloGold Ashanti ( AU +1.5% ) remains upbeat on its African assets even as new mining rules threaten profits at two of the companys key mines, CEO SrinivasanVenkatakrishnan tells Bloomberg. More news on: AngloGold Ashanti Limited, Commodities news, Read more …
South African gold miners reach settlement in lung disease lawsuit
Mining companies operating in South Africa agree to settle a class-action lawsuit from workers who say they contracted deadly lung diseases in the country's gold mines. More news on: Anglo American plc, Anglo American plc ADR, African Rainbow Minerals Ltd. ADR, Commodities news, Read…
Vedanta hires Venkatakrishnan away from AngloGold to become new CEO
Vedanta Resources ( VEDL , OTCPK:VDNRF ) names AngloGold Ashanti's (NYSE: AU ) Srinivasan Venkatakrishnan as its new CEO , ending a year-long search. More news on: Vedanta Ltd, Vedanta Resources plc., AngloGold Ashanti Limited, Commodities news, Read more …
Should You Buy Gold Here?
Should you be buying gold (GLD) right now? With all this crazy market volatility is it a good idea? If you look at the monthly chart of gold, it's about to complete an inverted head and shoulders pattern. And if it does, we should see prices trend higher. What's interesting about a br…
Miners propose new deal to resolve Congo mining dispute
International miners operating in the Democratic Republic of Congo including Glencore ( OTCPK:GLCNF , OTCPK:GLNCY ), Randgold (NASDAQ: GOLD ), AngloGold Ashanti (NYSE: AU ) and Ivanhoe Mines ( OTCQX:IVPAF ) have offered to pay higher royalties if the government agrees to revise its new mi…
5 Gold Stocks With Recent Insider Buying
5 Gold Stocks With Recent Insider Buying Insider buying activity has been picking up in the precious metals sector. What do I mean by insider buying? This is simply when the CEO, CFO, director or any other insider of a company purchases its company's stock. I view insider buying as a posit…
Bullish on gold for first time in five years, Goldman analysts say
Goldman Sachs says it is bullish on gold ( GLD +0.6% ) for the first time in five years, as signs of an uptick in inflation and the "increased risk" of a stock market correction should support prices for bullion. More news on: SPDR Gold Trust ETF, Barrick Gold Corporation, Goldcorp Inc…
AngloGold Ashanti Limited (AU)