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Last 12,700
Change Today +422.00 / 3.44%
Volume 1.6M
As of 12:30 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

anglogold ashanti ltd (ANG) Snapshot

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52 Week High
02/3/15 - $14,999
52 Week Low
08/6/15 - $7,159
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Current Stock Chart for ANGLOGOLD ASHANTI LTD (ANG)

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anglogold ashanti ltd (ANG) Details

AngloGold Ashanti Limited operates as a gold mining and exploration company. It also produces silver, uranium oxide, copper, molybdenum, and sulphur. The company has 20 operations and exploration projects in South Africa, Continental Africa, Australasia, and the Americas. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.

58,000 Employees
Last Reported Date: 04/2/15
Founded in 1944

anglogold ashanti ltd (ANG) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $1.1M
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: $281.0K
Chief Operating Officer of International Oper...
Total Annual Compensation: $1.8M
Executive Vice President of Planning and Tech...
Total Annual Compensation: $1.4M
Executive Vice President of Sustainable Devel...
Total Annual Compensation: $993.0K
Compensation as of Fiscal Year 2014.

anglogold ashanti ltd (ANG) Key Developments

AngloGold Ashanti Reaches Three-Year Wage Deal with Majority of SA Employees

AngloGold Ashanti has reached a three-year wage deal with the majority of its employees in South Africa, providing certainty to operations that accounted for little over a quarter of its total production past year. The National Union of Mineworkers (NUM), Solidarity and the United Association of South Africa (UASA) accepted AngloGold Ashanti's offer. These unions comprise the majority of the Company's workforce in South Africa at around 59%, with non-unionised employees increasing that figure to 66%. Under South Africa's Labour Relations Act 1, the increase agreed will be extended to all employees, regardless of union affiliation. The Association of Mineworkers and Construction Union (AMCU), which represents 35% of employees, has rejected the offers made by all companies in the industry's collective bargaining process, including AngloGold Ashanti.

AngloGold Ashanti Ltd. Presents at Morgan Stanley Big 5 Investor Conference, Sep-28-2015

AngloGold Ashanti Ltd. Presents at Morgan Stanley Big 5 Investor Conference, Sep-28-2015 .

Randgold Resources Limited and Anglogold Ashanti Limited Announce Investment Agreement to Form a Joint Venture to Redevelop and Operate Anglogold Ashanti's Obuasi Gold Mine in Ghana

Randgold Resources Limited and AngloGold Ashanti Limited have concluded an investment agreement aimed at the formation of a joint venture to redevelop and operate AngloGold Ashanti's Obuasi gold mine in Ghana. In terms of the Agreement, Randgold will lead and fund a development plan designed to rebuild Obuasi as a viable long-life mining business with an attractive cost structure and returns. Obuasi, located in the Ashanti region of Ghana 320 kilometres northwest of the capital Accra. The development plan will build on this feasibility study with the intention of establishing a more focused, efficient, mechanised high-grade operation, and is expected to take about four months to complete. If the development plan meets both parties' investment criteria, and assuming all other conditions are satisfied, Randgold and AngloGold Ashanti will form a new joint venture company. Randgold and AngloGold Ashanti will then be jointly responsible for funding the redevelopment of Obuasi in line with the agreed development plan. A Randgold group entity will be appointed as operator of the mine, and Randgold and AngloGold Ashanti will appoint an equal number of directors to the board of the joint venture company, with board and shareholder decisions to be approved by both parties.


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