for subscribers

AngloGold CEO to outline way forward

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Cape Town – AngloGold Ashanti CEO Srinivasan Venkatakrishnan is set to outline the company’s future capital allocation philosophy and efforts to improve safety at the Mining Indaba in Cape Town.

Venkatakrishnan will show how the mining company looks to invest in brownfield projects in its own portfolio.

“In line with our inward focus, we will prioritise investment in low-risk, high-return projects at our\ existing operations, in jurisdictions and ore bodies we understand,” Venkatakrishnan said in a statement on Monday.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.53
(+0.68)
ZAR/GBP
22.97
(+0.74)
ZAR/EUR
20.63
(+0.69)
ZAR/AUD
12.56
(+0.77)
ZAR/JPY
0.16
(+1.28)
Gold
1953.90
(-3.63)
Silver
27.20
(-6.36)
Platinum
954.00
(-3.04)
Brent Crude
44.95
(+1.33)
Palladium
2139.00
(-4.01)
All Share
57395.01
(+1.12)
Top 40
53071.74
(+1.21)
Financial 15
10199.99
(+3.05)
Industrial 25
75700.39
(+1.38)
Resource 10
59249.81
(+0.51)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 950 votes
It depends on how the funds are used.
74% - 6341 votes
No. We should have gotten the loan elsewhere.
15% - 1308 votes
Vote