AngloGold Ashanti plc (AU): billionaire Howard Marks continues to hold a sizeable stake

AngloGold Ashanti plc (AU): billionaire Howard Marks continues to hold a sizeable stake

We just covered the Billionaire Howard Marks’ 10 Stock Picks With Huge Upgrade Potential and AngloGold Ashanti plc (NYSE:AU) ranks eighth on this list. AngloGold Ashanti plc (NYSE:AU) has been listed in Oaktree Capital Management’s 13F portfolio since the third quarter of 2023. At that time, this position comprised more than 5.4 million shares. The…

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Aura Minerals completes acquisition of Mineração Serra Grande gold mine

Aura Minerals completes acquisition of Mineração Serra Grande gold mine

Aura Minerals has completed the acquisition of the Mineração Serra Grande (MSG) gold mine in Crixás, Goiás, Brazil, from AngloGold Ashanti. The transaction was closed through Aura’s wholly owned subsidiary. Aura paid AngloGold Ashanti an initial cash consideration of $72.8 million at closing, based on an agreed enterprise value of $76 million, adjusted for customary…

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