Business News of Monday, 8 August 2016

Source: classfmonline.com

AngloGold’s share capital increases

AngloGold Ashanti AngloGold Ashanti

The issued ordinary shares of AngloGold Ashanti (AGA) increased to 408,003,687 as of June 30, 2016.

This was as a result of the issue and listing of additional ordinary shares over the period on the Johannesburg Securities Exchange, South Africa.

The issued shares are as detailed below:

AGA Share Incentive Scheme (June 2016) - 269,362 ordinary shares.

By this arrangement, AGA’s share capital has also been increased to 50,339,056,741.43 South African Rand.

Headquartered in Johannesburg, South Africa, AngloGold Ashanti has a globally diverse, world-class portfolio of operations and projects. AngloGold Ashanti is the third-largest gold mining company in the world, measured by production. It has 17 gold mines in nine countries including Ghana, as well as several exploration programmes in both the established and new gold-producing regions of the world.

AngloGold Ashanti produced 3.95Moz of gold in 2015, generating $4.02bn in gold income, utilising $857mn capital expenditure. AngloGold Ashanti has an attributable Ore Reserve of 51.7Moz of gold and an attributable Mineral Resource of 207.80Moz.