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May 07, 2026 - 05:27 AM DennisereRophy - vuydkndihdkndyjdbfjhdkhdihfj3@gmail.com Tuqz ELECTION2010 Wednesday 10 September 2014 8:30 pmUpdated:Friday 07 June 2019 6:53 amLondon listing to raise $2.1bn for AngloGoldBy: Thomas FitzGeraldShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on Whats <a href=https://www.stanley-uk.uk>stanley in uk</a> AppEmailShare on EmailAdd as a preferredsource on GoogleSOUTH African mining giant Angloshy;Gold Ashanti yesterday announshy;ced plans to raise $2.1bn pound;1.3bn in a rights issue and spin it <a href=https://www.bru-mate.ca>brumate canada</a> s international assets into a new London-listed company.The Johannesburg-based mining firm, created by a merger between Angloshy;Gold and Ashanti in 2004, reshy;vealed it would focus on its core Sou <a href=https://www.stanleycup.at>stanley isolierkanne</a> th African operations after the asset spin off.AngloGold chairman Sipho Pityana said: It has become increasingly clear that the two distinct parts of our portfolio require different strategies, focshy;used management and should be appropriately capitalised to realise their full potentialThe new company will be led by prospective chief executive Charles Carter, as AngloGold also said it would intially keep a 65 per cent controlling interest of the new company. Analysts at Investec suggested yesterday the new company could be worth around pound;3bn.The mining sector has seen a range of demergers and restructurings reshy;cently, as last month giant mining firm BHP Billiton also announced it would spin off assets into a new company.A decline in commodity prices including gold in recent years has hit the profits of many mining comshy;panies, with A Drhh Battersea Power Station set to start energy production after 37 dormant years Monday 09 April 2012 11:17 pmUpdated:Thursday 30 May 2019 12:14 pmGSK and Merck give cheap vaccinesBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmail <a href=https://www.owala-water-bo... IP : 193.9.48.18 |