Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

AngloGold Ashanti begins trading on the New York Stock Exchange, still dedicated to Africa

02 october 2023

AngloGold Ashanti has completed its corporate restructuring, with a primary listing of its shares on the New York Stock Exchange (NYSE) and a corporate domicile in the United Kingdom.

The corporate restructuring was first announced last May and later approved by the shareholders on 18 August.

“The move of our primary listing to the NYSE provides us with improved access to the world’s largest capital market and places us alongside the industry’s highest-valued gold companies,” said AngloGold Ashanti chief executive Alberto Calderon.

"To further enhance our corporate infrastructure and drive performance from our world-class asset base, this marks a significant new era for AngloGold Ashanti."

On September 25, 2023, trading began on the New York Stock Exchange (NYSE) for AngloGold Ashanti ordinary shares.

AngloGold Ashanti, meanwhile, reaffirmed its dedication to its secondary listings on the Johannesburg Stock Exchange (JSE) and A2X Markets (A2X) in South Africa, as well as the Ghana Stock Exchange (GhSE) in Ghana.

The ordinary shares of AngloGold Ashanti commenced trading on the JSE and A2X on 20 September 2023.

The ordinary shares and Ghanaian Depositary Shares of AngloGold Ashanti also commence trading on the GhSE on 26 September 2023.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished