AngloGold Ashanti

B2Gold Reports Strong Q4 and Full Year 2023 Results; Achieved 2023 Total Gold Production and Consolidated Cost Guidance; Q1 2024 Dividend of US$0.04 per Share Declared

Retrieved on: 
Wednesday, February 21, 2024

In the fourth quarter of 2023, the Otjikoto Mine produced a quarterly record of 81,111 ounces of gold.

Key Points: 
  • In the fourth quarter of 2023, the Otjikoto Mine produced a quarterly record of 81,111 ounces of gold.
  • For the fourth quarter of 2023, the Otjikoto Mine's cash operating costs were $451 per gold ounce produced ($503 per ounce gold sold).
  • All-in sustaining costs for the Otjikoto Mine for the fourth quarter of 2023 were $816 per gold ounce sold.
  • Gold production at Otjikoto is expected to be relatively consistent throughout 2024.

AngloGold Ashanti Chairman Maria Ramos to Retire; Director Jochen Tilk Appointed Chairman

Retrieved on: 
Friday, March 8, 2024

AngloGold Ashanti plc announces that Ms. Maria Ramos, independent non-executive director and chairman of the Board of Directors, has elected not to stand for re-election at the upcoming annual general meeting of shareholders on 28 May 2024.

Key Points: 
  • AngloGold Ashanti plc announces that Ms. Maria Ramos, independent non-executive director and chairman of the Board of Directors, has elected not to stand for re-election at the upcoming annual general meeting of shareholders on 28 May 2024.
  • Ms. Ramos served as director of AngloGold Ashanti since 1 June 2019 and Chairman since 5 December 2020.
  • Mr. Tilk has been an independent non-Executive Director of AngloGold Ashanti since 1 January 2019 and is Chairman of the board’s Investment Committee.
  • “We are grateful for Maria’s enormous contribution to AngloGold Ashanti during her tenure as Chairman,” said AngloGold Ashanti CEO Alberto Calderon.

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Latin Metals Announces Closing of Private Placement for Gross Proceeds of $0.7 Million

Retrieved on: 
Tuesday, February 6, 2024

The engagement of insiders in the Financing highlights their ongoing support and confidence in Latin Metals' strategic direction and exploration potential.

Key Points: 
  • The engagement of insiders in the Financing highlights their ongoing support and confidence in Latin Metals' strategic direction and exploration potential.
  • Generative work is at the core of Latin Metals’ process and, in a sense, is the most important step.
  • Companies or individuals holding projects in Peru or Argentina are invited to contact Latin Metals management via our website here .
  • Copper Project Portfolio , Peru: In addition to the Lacsha project, Latin Metals has a diverse portfolio of exploration projects in Peru.

B2Gold Announces Total Gold Production for Q4 2023 of 288,665 oz; Total Gold Production for 2023 of 1,061,060 oz, Achieving Upper Half of 2023 Guidance; 2024 Guidance, Preliminary 2025 Production Outlook and Gold Prepay Arrangement

Retrieved on: 
Wednesday, January 24, 2024

B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.

Key Points: 
  • B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.
  • The contribution of this gold production from Fekola Regional is now assumed to start at the beginning of 2025.
  • Mining operations will commence upon receipt of an exploitation license, with gold production approximately three months after commencement.
  • Gold production is expected to be evenly weighted between the first half of 2024 and the second half of 2024.

Teako Minerals Announces Board of Directors Change: Rob Cameron Departs, Welcomes Eric Roth Bringing Expertise in Nordic Mineral Exploration

Retrieved on: 
Thursday, November 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces the resignation of Mr.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces the resignation of Mr.
  • Rob Cameron from his role as President and Director of the Company, effective immediately, as he shifts his full focus towards his own company.
  • The Company extends its gratitude to Mr. Cameron for his dedicated service and wishes him success in his future ventures.
  • Given his extensive experience working in especially Norway and Finland, Mr. Roth significantly bolsters our strategic push in these jurisdictions, propelling targeted mineral exploration endeavors forward.

Latin Metals Reports Completion of Airborne Magnetic and Radiometric Survey, Organullo Project, Argentina

Retrieved on: 
Wednesday, November 22, 2023

VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) announces significant progress at its Organullo Project (“Organullo” or the “Project”) where an existing option agreement with AngloGold Argentina Exploraciones S.A. (“AngloGold”), a wholly owned subsidiary of AngloGold Ashanti plc.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) announces significant progress at its Organullo Project (“Organullo” or the “Project”) where an existing option agreement with AngloGold Argentina Exploraciones S.A. (“AngloGold”), a wholly owned subsidiary of AngloGold Ashanti plc.
  • (NYSE: AU, JSE: ANG) provides AngloGold with an option to earn up to an 80% interest in the Project.
  • AngloGold has completed an airborne geophysical survey collecting magnetic and radiometric data over most of the Project area (Figure 1).
  • The survey completed by AngloGold collected magnetic and radiometric data along 3,500 line-km, covering most of the Property in eleven days.

The Mining Sector in West Africa 2023 - A Growing Industry with Dozens of Companies Actively Exploring - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 21, 2023

The "Mining Sector in West Africa 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mining Sector in West Africa 2023" report has been added to ResearchAndMarkets.com's offering.
  • West Africa contains known deposits of various minerals, and many more are still to be discovered as the region is generally underexplored.
  • In 2023, construction restarted on the Simandou iron ore mining, railway and deep water port project in Guinea.
  • This report covers mining in West Africa, including the countries comprising the Economic Community of West African States (Ecowas).

AngloGold Ashanti to Make a Strategic Investment in G2 Goldfields Inc.

Retrieved on: 
Tuesday, December 19, 2023

G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.

Key Points: 
  • G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.
  • Commenting on the Subscription, Alberto Calderon, CEO of AngloGold Ashanti said, “This strategic investment in G2 will provide us with a strong position in one of the world’s key gold provinces with significant potential for new discoveries.
  • In this communication, AngloGold Ashanti relies on information publicly disclosed by G2 pertaining to the OKO Main Zone deposit and by Reunion Gold pertaining to the OKO West discovery.
  • AngloGold Ashanti has not independently verified this information and is not treating such information as a current estimate of Mineral Resources, Mineral Reserves or exploration results.