Anglo American PLC. JSE:AGL

Anglo gold Ashanti shares

Background of AngloGold

  • AngloGold Ashanti is an internationaly acclaimed gold mining company with a geographically diverse and world-class portfolio of operations and projects. Headquartered in Johannesburg, South Africa, AngloGold Ashanti is the third largest gold mining company in the world, measured by production. The company was established in 1998 when the gold and uranium interests of Anglo American Corporation of South Africa were consolidated.

  • The group has 17 gold mines in 9 countries, has several exploration programs in established and new gold producing regions and is listed on 5 stock exchanges, including its primary listing on the Johannesburg Stock Exchange (JSE). Operating regions include South Africa, Guinea, Mali, Ghana, the DRC and Tanzania, as well as South America and Australasia. In 2015, AngloGold Ashanti produced 3.95 million ounces of gold, generating USS$ 4.02 billion of income and using US$ 857 million in capital expenditure.

  • AngloGold Ashanti prides itself on being an independent gold producer with no dominant investor and a diverse array of shareholders, and AngloGold Ashanti share price has historically been a strong performer for JSE investors who buy the shares.

AngloGold Shares Growth Driver

  • AngloGold Ashanti has fallen on difficult times over the past five years due to unstable commodity prices, labour unrest and the weakening of the global economy. The management team has had to make substantial cuts on all expenditure, laying off jobs and putting several operations up for sale.

  • Throughout its history, AngloGold Ashanti has focused on working across the full spectrum of the mining value chain, with the goal to create sustainable value for shareholders, employees and partners through responsible mining practices and capital discipline. To support its core strategy, the group has five objectives, including focusing on people, safety and sustainability, optimising costs, improve the quality of its portfolio, ensuring financial flexibility and creating a pipeline of long-term opportunities.

  • Due to the turbulent market, AngloGold Ashanti share price dropped significantly over the past five years. The group has however seen an improvement in cash flow and a reduction in debt due to all the self-help measures implemented. The live online stocks chart shows that AngloGold Ashanti share price has been rapidly recovering as the share becomes a popular buy once more.

AngloGold Group Investor Tip

  • The strength of AngloGold Ashanti share price data in 2016 signals that the group has weathered the worst of the storm and has the ability to grow profits in difficult times. Investors who bought AngloGold Ashanti shares in 2015 would have seen a remarkable gain of 113%. The consensus forecast amongst analysts is that AngloGold Ashanti will outperform the market again in the near future.

  • Now looks to be a good time to buy the stock, with AngloGold Ashanti share price currently still undervalued and expected to make further gains.

AngloGold Major Shareholders

The Bank of New York Mellon, Public Investment Corporation, Investec Asset Management, Paulson & Co Inc., Van Eck Global, First Eagle Investment Management LLC.

  • Sector

    Materials

  • Industry

    Metals & Mining

  • Sub industry

    Precious Metal Mining

How to buy AngloGold Group Shares

  • AngloGold : How to buy AngloGold Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy AngloGold Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in AngloGold Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase AngloGold Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in AngloGold Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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AngloGold
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