AngloGold Ashanti revitalizes strategies to dilate S. African mines, sources tell Reuters

By Zandi Shabalala as well as Clara Denina
Friday, August 18, 2017

AngloGold Ashanti is taking into consideration separating its South African possessions from the rest of its portfolio, 2 sources acquainted with the matter told Reuters, 3 years after investors revolted versus a similar initiative.

Africa’s leading bullion manufacturer has employed Deutsche Bank to assess choices yet conversations go to an onset, among the resources claimed.

AngloGold as well as Deutsche Financial institution decreased to comment.

The miner is taking a look at listing its international properties, which consist of gold mines in Western Australia and Brazil, in London, while the South African possessions, some of which will be sold as component of the plan, will stay in the existing Johannesburg listing, the sources included. …

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