[miningmx.com] – ANGLOGOLD Ashanti may be removed from the Johannesburg Stock Exchange’s Top 40 Index in December should its share price decline persist, said Reuters.
Were this to take place, it would mean that no South African gold producers would have blue-chip status in Johannesburg, a city that once produced more than half of the world’s gold production.
In its latest quarterly review of stocks on its benchmark Top-40 Index, the bourse put AngloGold Ashanti at number 38, clinging to membership of an index now dominated by banks, technology companies and diversified mining firms, said Reuters.
The JSE will review the constituents of its Top-40 Index in December.
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