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What will be AngloGold Ashanti's total gold output post-acquisition by December 31, 2024?
2
Resolution / Starting Odds
Less than 3 million ounces • 25%
3-3.5 million ounces • 25%
3.5-4 million ounces • 25%
More than 4 million ounces • 25%
Official reports from AngloGold Ashanti, financial news outlets like Bloomberg or Reuters
Story
AngloGold Ashanti to Acquire Centamin for $2.5 Billion, Including Sukari Mine and 37% Premium
Sep 10, 2024, 07:39 AM
AngloGold Ashanti has agreed to acquire gold mining company Centamin Plc for approximately £1.9 billion ($2.5 billion). The acquisition is driven by high gold prices and the strategic value of Centamin's assets, including the Sukari mine in Egypt, which will take AngloGold’s output above 3 million ounces. This deal represents a significant consolidation in the precious metals mining sector as big producers look to expand amid near-record gold prices. The acquisition also delivers a 37% premium to Centamin's shareholders and marks a notable development in the London stock market.
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0 additional acquisitions • 25%
1 additional acquisition • 25%
2 additional acquisitions • 25%
3 or more additional acquisitions • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No increase or decrease • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Increase by more than 5% • 25%
Increase by 1-5% • 25%
No significant change • 25%
Decrease • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
No significant change • 25%
Decrease • 25%
Less than 8 tonnes • 25%
8 to 10 tonnes • 25%
10 to 12 tonnes • 25%
More than 12 tonnes • 25%
Yes • 50%
No • 50%
Less than 100,000 tonnes of copper per year • 25%
100,000 to 200,000 tonnes of copper per year • 25%
200,000 to 300,000 tonnes of copper per year • 25%
More than 300,000 tonnes of copper per year • 25%
Yes • 50%
No • 50%
Increased profitability • 25%
Decreased profitability • 25%
No significant change • 25%
Change in business strategy • 25%