AGG News: AngloGold to switch primary listing to US as has 'outgrown' S.Africa - 12th May 2023, 4:04pm

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By Nelson Banya and Felix Njini

(Reuters) -Gold miner AngloGold Ashanti will move its primary listing to New York from Johannesburg in a bid to access a deeper pool of investors and reduce risks associated with South Africa, it said on Friday.

The company has shifted its focus to more lucrative mines in Ghana, Tanzania, the Democratic Republic of Congo as well as Australia and the Americas as mining in South Africa becomes more difficult and costly due to geological challenges posed by mining ...

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