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    ANG   ZAE000043485

ANGLOGOLD ASHANTI LIMITED

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Colombian Regulator Archives AngloGold Ashanti's Permit Application for Quebradona Project

10/26/2021 | 04:46am EST

By Jaime Llinares Taboada

AngloGold Ashanti Ltd. said Tuesday that the environmental regulator of Colombia has decided to archive the environmental permit application for its Quebradona copper-gold project.

The South African mining company said it hasn't yet received the formal notification, and that it will study it once received.

AngloGold explained that, generally, a decision to archive is made where the regulator requires additional information.

"Quebradona remains one of the world's most exciting new copper-gold projects and we are encouraged by the strength and continued growth in support for its development," the company said.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

10-26-21 0646ET

Stocks mentioned in the article
ChangeLast1st jan.
ANGLOGOLD ASHANTI LIMITED 7.02% 345.09 End-of-day quote.0.75%
GOLD 0.70% 1784.7 Delayed Quote.-5.85%
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Analyst Recommendations on ANGLOGOLD ASHANTI LIMITED
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Financials (USD)
Sales 2021 3 965 M - -
Net income 2021 692 M - -
Net Debt 2021 1 007 M - -
P/E ratio 2021 13,8x
Yield 2021 0,67%
Capitalization 9 059 M 8 990 M -
EV / Sales 2021 2,54x
EV / Sales 2022 2,20x
Nbr of Employees 26 000
Free-Float 99,4%
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Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 21,70 $
Average target price 20,15 $
Spread / Average Target -7,16%
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Managers and Directors
Alberto Calderon Chief Executive Officer
Kandimathie Christine Ramon Chief Financial Officer & Executive Director
Maria Ramos Chairman
Marcelo Godoy Chief Technology Officer
Sicelo Ntuli Chief Operating Officer-Africa
Sector and Competitors