Finance > Capital-markets

AngloGold gets a hurry-up from RBC

AngloGold Ashanti (SJ:ANG) has managed to have stakes in operations in almost all of the problem countries of 2017: South Africa, Tanzania and the Democratic Republic of Congo. 

Finance > Capital-markets

AngloGold gets a hurry-up from RBC

AngloGold Ashanti (SJ:ANG) has managed to have stakes in operations in almost all of the problem countries of 2017: South Africa, Tanzania and the Democratic Republic of Congo. 

AngloGold gets a hurry-up from RBC

Obuasi mine in Ghana has been shut down since 2014, but a high-grade plan is in the works

The uncertainty that comes with this is only part of the reason its net asset value share multiple (0.89x) is behind that of peers, but RBC's top analysts have a few ideas to bump up the share price to the new target of R170 (US$11.72) per share (up from R156).