Member access

4-Traders Homepage  >  Shares  >  Johannesburg Stock Exchange  >  AngloGold Ashanti Limited    ANGJ   ZAE000043485

SummaryChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

AngloGold Ashanti : AngloGold Forecasts Gold Between $1,700/Oz-$1,800/Oz For Rest Of Year

05/10/2012 | 03:21am US/Eastern

AngloGold Ashanti Ltd. (AU) said it expects the gold price to range between $1,700 a troy ounce and $1,800/oz for the remainder of the 2012 calendar year, with the possibility of a break above $2,000/oz, its chief executive said Thursday.

"We expect volatility and could see a bit of a pullback," said chief executive Mark Cutifani. "There's a possibility of popping through $2,000/oz if the news keeps getting worse."

Cutifani said gold averaged about $1,690/oz in the first quarter of its financial year ended March 31 and that the second quarter average could be lower. He said though that the gold mining company expects a stronger second half of the year.

-By Devon Maylie, Dow Jones Newswires; +27117837848; devon.maylie@dowjones.com

React to this article
Latest news on ANGLOGOLD ASHANTI LIMITED
01/14 ANGLOGOLD ASHANTI : Moves to avert EU deflation boost shares
01/14 ANGLOGOLD ASHANTI : Moves to avert EU deflation boost shares
01/14 ANGLOGOLD ASHANTI : Moves to avert EU deflation boost shares
01/06DJADR Shares End Mixed; Oil, Gold Shares Trade Actively
01/02 ANGLOGOLD ASHANTI : Asante Gold : Corporation - Update, Kubi Gold Joint Venture,..
2014 ANGLOGOLD ASHANTI : Mining Security & Crisis Management Forum held on the 12th-1..
2014 ANGLOGOLD ASHANTI : Veolia to operate at AngloGold Ashanti Ghana's Gold Mine
2014 ANGLOGOLD ASHANTI : Announces Changes to the Board of Directors
2014 ANGLOGOLD ASHANTI : to modernize Obuasi mines
2014 WEDNESDAY'S ETF MOVERS : Ilf, gdx
Advertisement
Chart
Duration : Period :
AngloGold Ashanti Limited Technical Analysis Chart | ANGJ | ZAE000043485 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF