AngloGold Ashanti unveils sale of shares to workers, BEE firm

October 2, 2006

AngloGold Ashanti Ltd, the world's third-biggest gold producer, said on Monday it planned to issue 5,24-million new shares, equal to 1,9 percent of total shares, to distribute mainly to its black staff and to help a black investment company to buy a stake...

The deal, due to be implemented before the end of the year, seeks to meet government demands to include more of the black majority in the mainstream economy after being excluded during apartheid.

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