[miningmx.com] – YIELDS ON the $600m AngloGold Ashanti bonds due in 2020 fell as the market absorbed the positive effects of production from two new projects – Kibali and Tropicana – and as labour strike action was minimised to two days during wage negotiations, said Bloomberg News.
Analysts said there was further upside in the gold company’s fortunes. “I don’t think the markets have fully recognised the impact those new mines will have,” SBG Securities analyst David Davis told the newswire service.
“The surprise may be on the upside.”
Click here to read the full article
