AngloGold Ashanti. JSE: ANG

Background of AngloGold Ashanti
AngloGold has a long and rich history in South Africa. Their journey of AngloGold Ashanti began in 1998 and since then it has grown to the point that it became the first South African company to list on the New York Stock Exchange. By April 2006, Anglo American started reducing its investment in the company and by 2009, the company had left AngloGold Ashanti completely. Today, AngloGold Ashanti is an independent gold producer with a highly diverse group of shareholders some of which consists of the world’s most prominent financial institutions.
Although the company is based in Johannesburg, AngloGold Ashanti is a global gold company. They boast a long life, low cost list of assets. The company has ore producers situated across the world with the company’s 14 mining operations situated in Australia, Argentina, the DRC, Mali, Tanzania, Ghana, Brazil, Guinea and of course, South Africa. Not only does the company focus on ore mining, but they are also supportive of various exploration activities.
Along with AngloGold Ashanti being listed on the JSE, it also lists shares on the New York Stock Exchange, as well as stock exchanges in London, Ghana and Paris. It has been quoted in Brussels in the form of International Depositary Receipts and in Australia stock is listed in the form of Clearing House Electronic Subregister System Depository Interest.
Investing in AngloGold Ashanti shares is a fantastic idea, especially seeing that the company is the third biggest gold producing company in the world.
AngloGold Ashanti Shares Growth Driver
Gold mines are almost always a sure thing for investors because they are able to yield profits with every new financial year. As a company with sales in various regions across the world, there is an almost certain opportunity for investors to be making some money should they include AngloGold Ashanti in their investment portfolio. After first listing on the JSE, the company has continued to expand and grow to the point where the “parent” group could release its shares.
The company is well managed in the hands of 10 directors, who each have many years of experience. Along with the experienced directors, the company has employed 51 480 people to handle all of the day to day business operations.
AngloGold Ashanti Group Investor Tip
This is not the company to invest in if you are aiming to have a short term investment strategy. As with any investment portfolio, it is important to be diverse with the investments you make. Including some larger companies in with smaller ones is a good way to even out the odds of your dividends paying off. Analysts have in the past, and continue to, encourage investor stock over weighting and/or purchase.
AngloGold Ashanti Major Shareholders
Public Investment Corp. Ltd, The Vanguard Group, Inc. and BlackRock Fund Advisors are the top three major shareholders in the company.
Sector
Basic Materials and Mineral Resources
Industry
Metals and Mining
Sub industry
Gold and Gold Mining
How to buy AngloGold Ashanti Shares
AngloGold Ashanti : How to buy AngloGold Ashanti Group Shares Online
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Frequently Asked Questions
What is Anglogold Ashanti?
The third largest gold mining company in the world with its headquarters in Johannesburg.
Can you buy Anglogold Ashanti shares online?
The website of SA Shares makes it easy for you to buy JSE listed shares online.
Is Anglogold Ashanti a good share to buy?
With its share price currently undervalued and expected to make future gains, it appears to be a good share to buy.
When did Anglogold Ashanti list on the JSE?
August 1998
Who are the major shareholders in Anglogold Ashanti?
The Bank of New York Mellon, Public Investment Corporation, Investec Asset Management, Paulson & Co Inc., Van Eck Global, First Eagle Investment Management LLC.