AngloGold Ashanti ushers in new CFO, COO amid board reshuffle

In a bid to streamline its business, JSE-listed AngloGold Ashanti on Tuesday announced several changes to its executive leadership team, including the appointment of Richard Duffy as CFO and Ron Largent as joint COO, alongside current COO Mike...

AngloGold Ashanti to cut $500m costs, sell Navachab, suspend Mongbwalu

Gold major AngloGold Ashanti is to remove $500-million of operating costs, seek to dispose of Navachab mine before year-end and dress up another mine for a possible further asset sale this year. New AngloGold Ashanti CEO Srinivasan...

AngloGold appoints Venkatakrishnan as CEO

AngloGold Ashanti has announced the appointment of Srinivasan Venkatakrishnan (Venkat) as CEO, effective immediately.  He has been holding the position of joint interim CEO of the company, alongside Tony O’Neill, following the departure of...

Company Announcement: AngloGold Ashanti Announces Board Appointment

AngloGold Ashanti is pleased to announce the appointment of Mr Anthony Martin O’Neill (Tony) as an executive director to its Board of Directors with effect from 20 February 2013

Company Announcement: AngloGold Annual Earnings* of $924m, Second-Highest Ever

AngloGold Ashanti today announced full-year adjusted headline earnings of $924m, the second-highest on record, despite a difficult year in which an unprotected strike and safety stoppages caused major disruption to its South African operations

Negative sentiment on SA ‘significantly overblown’ – Cutifani

The negative sentiment on South African had been “significantly overblown” at a time when the right things were being done, outgoing AngloGold Ashanti CEO Mark Cutifani said on Wednesday. After delivering his last set of AngloGold Ashanti...

AngloGold hits high spot with $924m 2012 profit

South Africa’s largest gold-mining company AngloGold Ashanti announced full-year adjusted headline earnings of $924-million on Wednesday, the second-highest on record, despite a difficult year in which an unprotected strike and safety stoppages...

New Anglo American CEO aims to create world’s best mining company

Creating the world’s best mining company is the aim of Mark Cutifani, who takes over the reins of Anglo American as CEO from April 3. Speaking from London in an international conference call that South African journalists could only enter late...

Company Announcement: AngloGold Ashanti Announces Departure of Mark Cutifani

The Board of AngloGold Ashanti today announced the resignation of Chief Executive Officer Mark Cutifani, who has accepted an offer to become the Chief Executive Officer of Anglo American Plc, effective April 3

Venkat, O’Neill to hold interim AngloGold reins as Cutifani departs for Anglo

Long-serving AngloGold Ashanti CFO Srinivasan Venkatakrishnan (Venkat) and executive VP business and technical development Tony O’Neill will act as joint interim chief executives when incumbent AngloGold Ashanti CEO Mark Cutifani departs to take...

AngloGold maintains investment-grade credit rating

World number three gold producer AngloGold Ashanti on Monday said that its Standard & Poor’s BBB-rating had affirmed the investment-grade rating on its publicly traded debt. “We’ve taken strong, decisive action to maintain our investment...

Company Announcement: AngloGold Ashanti Maintains Investment Grade Credit Rating

AngloGold Ashanti is pleased to note that Standard & Poor’s has affirmed the investment grade rating on the company’s publicly traded debt following an extensive review