AngloGold Ashanti to unlock international value
This report is currently unavailable
Report summary
The announcement by AngloGold Ashanti that it intends to spin off its ex South African based assets into a new UK listed company follows a path taken by Goldfields last year. The decision is part of AngloGolds plan to raise US$2.1 billion in a rights issue. The South African based company will have 6 operating mines whilst the international assets will have 14 assets. Some of the international assets such as Ashanti Obuasi are relatively high cost and could be prime targets for divestment.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
14 February 2017
Lundin proposes international spin-off to focus on Norway success
Lundin proposes international spin-off to focus on Norway success
New small-cap player could take advantage of global M&A opportunities
$1,25016 October 2018
Occidental Petroleum oil and gas exploration summary
Occidental Petroleum oil and gas exploration summary
Conventional exploration is no longer the key growth theme for Oxy as it focuses on unconventionals in the US and EOR in the Middle East.
$1,30012 December 2016
Ripe for deals: 20,000 exploration blocks hiding 280 billion barrels of oil and gas
Ripe for deals: 20,000 exploration blocks hiding 280 billion barrels of oil and gas
According to EV2, there is still plenty of remaining undiscovered resource, 30% in already licensed blocks, 70% in open acreage.
$1,300
