EDITORIAL: A sleeping giant ready to wake up
AngloGold Ashanti has made some smart strategic moves in recent years, such as exiting SA
27 September 2023 - 05:00
In stock market terms AngloGold Ashanti has been lagging behind its peers, Barrick Gold and Newmont. One explanation is that the world’s third-largest gold miner has been struggling with high costs, political risk and a lack of growth opportunities.
That’s changing. The company has made some smart strategic moves in recent years, such as exiting SA, expanding elsewhere in Africa and investing in exploration and development opportunities in other regions. The market should reward AngloGold Ashanti with a higher valuation and better recognition...
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