AngloGold Ashanti to voluntarily delist from the ASX
AngloGold Ashanti Limited (ASX: AGG) has received formal approval from the Australian Securities Exchange (ASX) to be delisted from the ASX, with the expected date being Tuesday 27 June 2023.
The company will continue to trade on the Johannesburg Stock Exchange (JSE) and A2X, on the New York Stock Exchange (NYSE) and on the Ghana Stock Exchange (GhSE).
The company cites “ongoing low trading frequency and low volumes of its securities traded on the ASX compared to that of, in particular, the JSE and NYSE”.
AngloGold Ashanti wholly-owns the Sunrise Dam operation and has a 70% holding in and manages the Tropicana mine, with Regis Resources holding the remaining 30%, which it acquired from IGO on 31 March 2021.
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