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AngloGold Ashanti Limited (ADR)

  • Billionaire John Paulson's Top Moves

    By Marshall Hargrave - June 13, 2013 | Tickers: AU, FDO, NYX, S

    Billionaire John Paulson manages some $29 billion and runs the Paulson & Co. hedge fund. His hedge fund is one of the largest in the world, focused on merger, event and distressed strategies. Prior to founding Paulson & Co. in '94, John was managing director of M&A at now-defunct Bear Stearns. Outlined below are some of Paulson's interesting buys during the first quarter (check out Paulson's new picks).

    Gold more »

  • Will a Drop in the Rand Help These South African Miners?

    By Vladimir Zernov - June 12, 2013 | Tickers: AU, GFI, HMY

    The South African rand has declined more than 17% year-to-date. The country has recently released its first-quarter GDP results, which came in worse than expected. Gold miners in the country faced rising costs and labor unrest. In addition to that, gold prices are down 18% year-to-date. Would the depreciation of the currency help them perform better?

    A handful of problems

    AngloGold Ashanti (ADR) (NYSE: AU), Gold Fields (ADR) (NYSE: GFImore »)

  • 5 Stocks Billionaire John Paulson Is Betting On

    By Meena Krishnamsetty - May 31, 2013 | Tickers: AU, LIFE, PXP, RLGY, S

    Billionaire John Paulson’s Paulson & Co. has struggled following its spectacular success in shorting the U.S. housing market (and, for a while, being long gold), but Paulson remains one of the most widely followed hedge fund managers. His fund recently filed its 13F with the SEC, disclosing many of its long equity positions as of the end of March; see the filing on the SEC's website. We track more »

  • Added Pressure on These 3 Precious Metal Producers

    By Damian Illia - May 31, 2013 | Tickers: AU, BVN, NEM

    Volatile precious metal prices, environmental concerns, and project-specific concerns are the biggest risks facing gold and silver miners. However, some companies face added pressure deriving from declining production and high inflation costs.

    Internal problems may affect Buenaventura growth 

    In Peru, Compania de Minas Buenaventura (NYSE: BVN) is a leading  precious metals producer. All of its operating assets are located in Peru. It operates seven wholly owned mines and holds minority more »

  • Barrick Hedges Its Product and Its Portfolio

    By Peter Pham - May 30, 2013 | Tickers: AU, ABX, GLD

    The world’s leading gold producer Barrick Gold (NYSE: ABX) recently released its quarterly results, in which its profits fell on lower prices and lower volumes. But the company is sticking to its guidance of 7 million to 7.4 million oz. mined for the year. The company's long-suffering shareholders, however, have finally been given some decent news about costs, as the company is going to begin selling off more »

  • This Investor Has Been Focusing on the Metals Market; A Look Back

    By Meena Krishnamsetty - April 30, 2013 | Tickers: AU, ABX, KGC, SWC, VGZ

    As its name implies, Sun Valley Gold—at least on the equity side—is concentrated on the precious metals market, in companies related to mining, producing and refining. Unfortunately for the fund, a 13F portfolio with nearly all its positions tied to metals most likely hasn’t done too well of late, as metals prices have dropped to 2+ year lows. Of course, 13F filings from the SEC only indicate more »

  • As Gold Prices Fall, Should Investors Panic?

    By Peter Epstein - April 12, 2013 | Tickers: ANV, AU, CDE, CORVF

    Gold prices are down 8% year to date. That may look horrible when compared to the S&P500 Index, which is up about 12%. But these are entirely seperate asset classes, and there's room for both in one's portfolio. Let's figure out what an 8% sell-off truly means for junior gold companies.

    Does an 8% Drop Signal the End?

    Today's price of $1,565 per ounce more »

  • Randgold Hunts Growth in Elephant Country

    By John Miller - April 11, 2013 | Tickers: AU, GOLD, GLD

    Randgold Resources’ (NASDAQ: GOLD) Chairman Philippe Liétard concisely recapped 2012 in the company’s recent annual report. He wrote, “There’s an old safari saying that if you want to hunt elephants, you have to go to elephant country.” Certainly political and infrastructure challenges of operating in west and central Africa became a focus for company stakeholders over the past year. However, despite the challenges, Randgold continues to benefit from more »

  • Randgold Hunts Growth In Elephant Country

    By John Miller - April 3, 2013 | Tickers: AU, GOLD, GLD

    Randgold Resources’ (NASDAQ: GOLD) Chairman Philippe Liétard concisely recapped 2012 in the company’s recent annual report. He wrote, “There’s an old safari saying that if you want to hunt elephants, you have to go to elephant country.” Certainly political and infrastructure challenges of operating in west and central Africa became a focus for company stakeholders over the past year. However, despite the challenges, Randgold continues to benefit from more »

  • Still Bullish on Gold

    By Bob Chandler - February 27, 2013 | Tickers: AU, ABX, GFI, IAG, GLD

    There has been a lot of bearish sentiment around gold recently. Citigroup analysts reported the metal may have hit its cycle peak and the SPDR Gold Shares ETF (NYSEMKT: GLD) was down around 14% from its 52-week high.

    The pessimism is understandable. After a high of around $1900 an ounce in 2011, the gold price has fallen back and been slammed vigorously each time it’s tried to return. Yet more »

  • Should You Be Betting With Paulson On AngloGold's Split?

    By Marshall Hargrave - February 12, 2013 | Tickers: AU, ABX, GFI

    Billionaire John Paulson, in his 2012 investor letter, stated that he believes that a split up of AngloGold (NYSE: AU)'s operations would unlock more value for shareholders, and I believe that's true. Paulson said this about the potential upside:

    Based on our analysis, AngloGold’s shares could increase in value by up to 68 percent if the company was to split its business into South African and non-South more »

  • Superman Avoiding Kryptonite – Considers Investing in Uranium

    By Michael Ugulini - February 7, 2013 | Tickers: AU, CCJ, IAG, RIO

    At a recent Investor's conference I talked to the Man of Steel who reported his renewed interest in Uranium while avoiding Kryptonite altogether. "For obvious reasons I'm risk-averse as concerns Kryptonite, but I'm researching the opportunities in Uranium and the companies that have projects in this area."

    Rio Tinto (NYSE: RIO) engages in finding, mining, and processing mineral resources. Major products are aluminum, copper, diamonds, thermal and more »

  • 4G LTE Will Increase Productivity At Mine Sites

    By Maxwell Fisher - December 26, 2012 | Tickers: AU, ABX, BHP, VALE, RIO

    Rio Tinto (NYSE: RIO) has just announced that it will install 4G long term evolution (LTE) technology at its West Angelas iron ore mine in the Pilbara region of Western Australia. A 4G network will be introduced at the mines as a proof of concept to assess the practicality and reliability of conventional mobile networks at mine sites.

    This is important for investors as Rio Tinto has become a pioneer more »

  • What’s the Best Way to Invest in Gold?

    By Meena Krishnamsetty - December 11, 2012 | Tickers: AU, GFI, IAG, NG, GOLD

    Billionaire John Paulson founded Paulson & Co. in 1994 and has become famous for his bets against subprime mortgages. Paulson’s strategy focuses on macro-themed investments rather than picking individual stocks. Paulson’s big themes in the past have been betting against banks during the financial crisis, and then betting on them during their recovery. Paulson’s most recent bet has been on gold, where in 2010 he made upwards of more »

  • Don't Miss These 3 Gold Miners

    By Piyush Arora - December 7, 2012 | Tickers: AU, ABX, KGC

     

     
     
     
     

  • This Producer Is Ready To Ride Gold Prices Higher

    By Jordo Bivona - November 29, 2012 | Tickers: AU, ABX, GG, NEM

    AngloGold Ashanti (NYSE: AU), the world's third-largest producer of gold, said that it retains the option of splitting off its South African operations into a separate company if investors undervalue the assets that it owns.

    CEO Mark Cutifani commented that there are no plans today to split the business but that he was keeping all options open. He added that if at end of the day the company cannot more »

  • Is Barrick a Buy Ex-Dividend?

    By Douglas Ehrman - November 27, 2012 | Tickers: AU, ABX, GG, NEM, GLD

    Shares of Barrick Gold (NYSE: ABX) are set to go ex-dividend on Nov. 28, and while this is not usually a catalyst to either buy or sell shares, it provides a good reason to consider the position of both the company and the overall gold market. Where gold, as represented by the SPDR Gold Trust (NYSEMKT: GLD) is up over 8% on a year-to-date basis, Barrick has declined by nearly more »

  • Digging For Gold: Part 2

    By Rupert Hargreaves - November 26, 2012 | Tickers: AU, ABX, GG, NEM

    In this series, I am reviewing four major gold producers to see which one would be the best investment if a direct investment into gold was not possible. In part one,  I introduced the companies and provided a quick overview of revenue and profits. In this part, I will be comparing the financials of each firm.

    Earnings

     

    Historic P/E

    Forward P/E

    Price to Sales

    Price to Book

    Barrick more »

  • Digging For Gold: Part 1

    By Rupert Hargreaves - November 26, 2012 | Tickers: AU, ABX, GG, NEM

    A long time ago, before private investors had access to complex financial instruments, or the ability to buy small amounts of secure bullion on line. The only way of investing in gold was to buy shares in a Gold miner. Nowadays there are many other options to invest in gold. However which would be the best gold miner to invest your cash in today?

    Over the next three blog posts more »

  • Rio Tinto Shines In India

    By Jordo Bivona - November 26, 2012 | Tickers: AU, BHP, GG, BTU, RIO

    The diamonds of Golconda were probably the most famous gems in ancient times, when the Persian, Arab and European travelers to India went back to their countries and spoke of the beauty and brilliance of these stones. Soon, the Indian diamonds lost their prominence once diamond mines were discovered in Brazil, South Africa, Australia, Russia, and elsewhere.

    Rio Tinto's (NYSE: RIO) Bunder project in Madhya Pradesh is now bringing more »

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