"The combination of AngloGold and Ashanti will form a company which is likely to cement Africa?s leading position in the global gold industry."
The planned merger
of AngloGold with Ghana?s Ashanti Goldfields, which is
expected to be concluded during April 2004, has been the
most significant recent strategic event for AngloGold. More...
Review
of the gold market
?The primary
mover in gold
continues to be strong
speculator and investor interest.?
The spot price
for the metal reached over $417/oz during December and
touched $430/oz in early 2004, although the market has
since retraced to around $410/oz. More...
Financial
review
AngloGold reports reasonable performance for the year
2003, despite having been affected by lower grade ore
in several of the regions. More...
Review
of operations
?In 2003, AngloGold produced 5.62Moz
of gold from its19 operations in
eight countries.?
