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Neutral

Anglogold Ashanti Ltd. (NYSE: AU) upgraded to Neutral by Goldman

Wednesday,  Dec 4, 2013  9:25 AM ET by Lynn Gilbert

Goldman upgraded Anglogold Ashanti Ltd. (NYSE: AU) to Neutral. Previously,
Goldman rated Anglogold Ashanti Ltd. (NYSE: AU) to Sell on 05/03/2013, when the stock price was valued at $18.64.

AngloGold Ashanti Limited (AngloGold Ashanti) is a global producer of gold. AngloGold Ashanti has 21 operations and a number of exploration programs in gold-producing regions of the world. During the year ended December 31, 2008, the Company produced 4.98 million ounces of gold from its operations. AngloGold Ashanti?s main product is gold. Revenue is also derived from the sales of silver, uranium oxide and sulphuric acid. The Company sells its products on international markets. In December 2008, AngloGold Ashanti completed the purchase of Sao Bento Gold Company Limited and its wholly owned subsidiary, Sao Bento Mineracao S.A. from Eldorado Gold Corporation. Effective July 1, 2008, the Company acquired Golden Cycle Gold Corporation. In October 2009, Randgold Resources Limited and AngloGold Ashanti Limited, through their indirect jointly owned subsidiary, 0858065 BC Ltd., acquired Moto Goldmines Limited.

Goldman



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