Advised this gold production and exploration company on its AIM IPO and subsequent secondary fundraisings and on its acquisition of mining assets in Argentina and associated royalty exchange. (shlegal.com)
Gold producer AngloGold Ashanti has announced plans to separate its South African assets from its international mining assets through London - listed NewCo, whilst contemplating a rights issue to raise $ 2.3 billion to fund the restructure and pay off debt. (businessnews.com.au)
After giving the company credit for the expected ramp - up in production from large current investments, the company is trading at less than nine times earnings — too low considering that approximately a quarter of those earnings come from the very high return trading segment and the rest comes from long - lived and well run mining assets. (oakmark.com)