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Stock Market & Financial Investment News

News Breaks
February 18, 2014
06:30 EDTAUAngloGold Ashanti says Tito Mboweni steps down as chairman
AngloGold Ashanti announces that as a result of his increasing portfolio of professional commitments, Tito Mboweni has decided not to stand for re-election as Non-Executive Director at the Annual General Meeting to be held in May. Mboweni has stood down as Chairman, but to ensure a smooth transition has agreed to work closely with the new Chairman, Sipho Pityana, who was elected unanimously by the Board. Mboweni’s decision to step down comes after a period of sustained improvement from AngloGold Ashanti, which has rebased its cost structure in response to a dramatically lower gold price, whilst improving the quality of its asset base with the commissioning of two new gold mines, together with selected asset disposals.
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September 17, 2014
07:21 EDTAURandgold head says AngloGold Kibali mine share expensive, Reuters says
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