Renewed calls for AngloGold spinoff

[miningmx.com] – THE decline in AngloGold Ashanti bonds since they were issued on July 25 has led to renewed calls for the gold producer to demerge its South African assets, said Bloomberg News.

“There has been talk for some time for both these miners to bring their South African assets separately to the market,’ Cornel Bruhin, who manages $260m of emerging-market bonds at MainFirst Schweiz AG in Zurich, told Bloomberg News.

“Gold Fields has done it and it would be credit-positive for AngloGold.’

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