There will only be alow volume of production from the main shaft area
Posted by Admin· Print This Article
There will only be alow volume of production from the main shaft area for the remainder of thesecond quarter. The company will clarify the impact of production losses at Savuka, togetherwith additional losses due to other safety related stoppages experienced duringthe quarter, once the production quarter is closed.Savuka produced 14,000 ounces in the first quarter of 2009 and 66,000 ounces ofgold in 2008, just over 1% of AngloGold Ashanti's production. Accordingly, results could differmaterially from those set out in the forward-looking statements as a result of,among other factors, changes in economic and market conditions, success ofbusiness and operating initiatives, changes in the regulatory environment andother government actions, fluctuations in gold prices and exchange rates, andbusiness and operational risk management. For a discussion of such factors,refer to AngloGold Ashanti's annual report for the year ended 31 December 2008,which was distributed to shareholders on 27 March 2009 and the company's annualreport on Form 20-F, filed with the Securities and Exchange Commission in theUnited States on May 5, 2009 as amended on May 6, 2009. AngloGold Ashantiundertakes no obligation to update publicly or release any revisions to theseforward-looking statements to reflect events or circumstances after today'sdate or to reflect the occurrence of unanticipated events. All subsequentwritten or oral forward-looking statements attributable to AngloGold Ashanti orany person acting on its behalf are qualified by the cautionary statementsherein.AngloGold Ashanti posts information that is important to investors on the mainpage of its website at and under the "Investors" tab onthe main page This information is updated regularly. Investors should visitthis website to obtain important information about AngloGold Ashanti.END.
* Devon project estimated to hold 26.25 mln barrels of oil * Says field's recent production was 115 boepd * Shares rise 2.7 pct (Adds details) June 10 (Reuters) - U.S.-focused energy company NighthawkEnergy Plc (NGTE.L) said on Wednesday that a report from atechnical review estimated stock tank oil originally in placeat the Devon oilfield in Kansas to be 26.25 million barrels ofoil. The company said it expected hydrocarbon volumes to rise asadditional wells are drilled. "Both oil and gas are currently being produced and soldfrom the Devon oilfield project, the most recent productionrates being about 115 barrels of oil equivalent per day(boepd)," the company said. The review conducted by Oilfield Production Consultants Ltdalso suggests that rates of 5-20 barrels of oil per day arepossible from each individual production well, Nighthawk said. Nighthawk has an 80 percent interest in the project, whileRunning Foxes Petroleum Inc, the operator of the project, holdsthe remaining interest. Nighthawk shares were up 2.7 percent at 47.5 pence at 0815GMT on the London Stock Exchange. (Reporting by Balachander Surianarayanan in Bangalore; Editingby Himani Sarkar).
* Could rise to 150 mln euros with over-allotment option Italy * Semi-annual coupon between 5.25 and 5.75 pct * Maturing 2014(Adds details) MILAN, June 10 (Reuters) - Italian jeweller Bulgari SpA(BULG.MI) plans to issue a 130 million euro ($183.4 million)equity-linked bond to diversify its funding and lengthen itsdebt maturity profile, the company said on Wednesday. Bulgari has opened a 180 million euro credit line with agroup of bankers, bringing to 800 million euros the amount ofcredit at its disposal. It said in a statement the new bond would have a semi-annualcoupon between 5.25 percent and 5.75 percent per annum andmature in 2014 Bulgari will use the proceeds for general corporatepurposes. It will announce the final pricing on Wednesday withan eye to closing the operation in the second week of July. The total amount raised from the bond could rise to 150million euros if an over-allotment option is exercised Bulgari shares were up 1.69 percent at 3.75 euros. Institutional investors, at whom the issue is directed, willbe able to be redeem the bonds in cash or shares Goldman Sachsis managing the issue. (Reporting by Cristian Carlevaro and Gilles Castonguay, editingby Will Waterman) ($1=.7087 Euro) Italy.
(Updates death toll) BAGHDAD, June 10 (Reuters) - A car bomb ripped through a crowded market in southern Iraq on Wednesday, killing at least 28 people and wounding 35, a local official said. The death toll from the explosion in Al-Bathaa, 30 km (20 miles) west of Nassariya, could rise, said Akram al-Tamimi, media manager of the Nassariya provincial council. The sectarian bloodshed and insurgency unleashed by the 2003 U.S.-led invasion has fallen sharply across Iraq since its peak in 2006/07, and the Shi'ite Muslim south has tended to be one of the quietest areas. But insurgents, including Sunni Islamist al Qaeda, who view Shi'ites as heretics, continue to carry out devastating car and suicide bomb attacks. Analysts say violence is likely to rise ahead of parliamentary elections next January The withdrawal from Iraqi city centres by U.S. combat troops at the end of the month is another potential trigger point for an increase in attacks, Iraqi officials say.The death toll from Wednesday's car bomb attack varied enormously, depending on the source Police said 20 people died, and 30 were wounded. A security source in Nassariya who did not want to be identified said 30 people were killed and 70 wounded.
A hospital official said 13 bodies were taken to the local morgue and 75 wounded people were treated for wounds, but that other casualties might have been taken to another hospital.(Reporting by Aseel Kami and Muhanad Mohammed; Writing by Michael Christie). MADRID, June 10 (Reuters) - Spanish fashion chain Inditexexpects 4 percent growth in like-for-like sales in the firsthalf of the year, it said in a presentation on Wednesday. Stocks(Reporting by Sarah Morris; writing by Jason Webb) Stocks. DUBLIN--(Business Wire)--Research and Markets( http://) hasannounced the addition of Decision Resources, Inc.'s new report "TheCardiovascular Disease Pipeline: A Strategic Review" to their offering. The robust and diverse cardiovascular disease (CVD) R&D pipeline is evidence ofcompanies' awareness that these diseases remain leading causes of deathworldwide, and that the chronic nature of many CVDs offers significantcommercial opportunity.

