🕐07.10.10 - 12:27 Uhr
AngloGold Ashanti: new press release
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Dear Ramin Farzanehfar
AngloGold Ashanti eliminates hedge book, gains full exposure to gold
(JOHANNESBURG) -- AngloGold Ashanti has completed the elimination of its
gold hedge book, providing the company and its shareholders with full
exposure to the prevailing gold price.
The company will now sell the
gold it produces at market prices and therefore expects to enhance cash
flow and profit margins as a result of removing hedge contracts with low
committed gold prices.
Full press release
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