AngloGold Ashanti goes on search for glory in New York
Miner moves listing to the New York Stock Exchange as it seeks access to more sources of capital
AngloGold Ashanti will move its primary listing to the US in a move that the gold producer hopes will close the market valuation gap between itself and larger rivals in Northern America such as Newmont Corporation and Barrick Gold.
The relocation of its primary listing to New York from the JSE confirmed the long-held market speculation after AngloGold sold its remaining Mponeng mine to Harmony Gold in 2020, ending an era with SA that dates back more than a century when it was part of the Anglo American stable...
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