AngloGold CEO Says He's Seeking Talks With Tanzanian Government

The video features an interview with Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, discussing the sale of South African assets, the impact of a stronger Rand, and the company's strategy. It covers lobbying efforts against the DRC mining code, negotiations on royalties in Tanzania, and future production plans in Ghana. The focus is on maximizing asset value and maintaining strategic partnerships.

What was the primary reason for AngloGold Ashanti's sale of its South African assets?

• Political instability

• End of mine life

• High operational costs

• Lack of skilled labor

How does a stronger Rand affect the mining industry according to the CEO?

• It reduces operational costs

• It increases export revenues

• It puts pressure on profit margins

• It attracts more foreign investment

What is the company's approach to its asset portfolio?

• Diversification into new markets

• Immediate relocation of primary listing

• Aggressive expansion

• Steady focus on existing assets

What is the company's stance on the DRC mining code?

• They are lobbying against its implementation

• They support its immediate implementation

• They have already adapted to the code

• They are indifferent to the code

What is AngloGold Ashanti's position regarding potential partnerships in Ghana?

• They have already formed a partnership

• They are open to partnerships but not actively pursuing them

• They have ruled out partnerships

• They are actively seeking partners