Anglogold kündigt weitere Übernahme an - 500 Beiträge pro Seite

[Goldhotline]

In einem 3-stündigen Gespräch mit dem Vizepräsidenten für Investor Relations konnte der Kreis der Übernahmekandidaten relativ gut eingegrenzt werden.

Klar ist, daß Anglogold durch weitere Übernahmen wachsen will.

In Australien sind die heißen Kandidaten Delta Gold (die sich gut mit der bereits übernommenen Acacia ergänzt) und Goldfields.

Es wurden auch Interesse für Südamerika angedeutet. Hier sind die heißesten Kandidaten wohl Meridian und Buenaventura, die sich in der Nähe der Allzeithochs befindet.


Weitere Informationen über das Gespräch in der aktuellen Ausgabe "Der Goldmarkt".

Kostenlos und unverbindlich anfordern unter : [e-mail]

Die Goldhotline

[manfred1_I]

Und St. Barbara Mines nicht zu vergessen.

Diese halten doch fast 10% von Goldfields
oder meint die Goldhotline Goldfields SA.

[Saccard]

Tja, damit fallen Delta und Goldfields für Franco-Nevada raus.

Eine Übernahme von Delta- / Goldfields wäre ja auch größer als der Normandy Deal,
ist also sowieso keine Option.

Vielleicht steigt Franco-Nevada ja auch bei Delta oder Goldfields mit 20 bis 30% ein,
um den "weissen Ritter" zu spielen?

abwarten...

St. Barbara hat damit gar nichts zu tun, die tauchen nicht mal auf dem Radar von Anglogold auf.

Man darf auch nicht vergessen, daß die WMC-Produktion (700000 oz) verkauft wird,
von Anglo eine Übernahme plant, dürfte Gold Fields SA wohl die WMC-Goldsparte kaufen,
einige hundert Millionen können sie ja locker machen, weil sie 0 Schulden haben.

Damit wäre allerdings Australien aufgeteilt:
Normandy, Delta, Goldfields und Homestake waren die einzigen australischen Adressen,
die kritische Masse bieten, um weiter zu konsolidieren.

Übrigens ist Normandy derzeit halb so teuer wie Homestake,
und hat dazu eine bessere finanzielle Position und ein besseres Management.

Gruß,
Saccard

[Arhaes]

Thursday 12 July 3:30 PM



AngloGold ANGJ.J still eyeing WMC gold
By James Regan

SYDNEY, July 12 (Reuters) - South Africa`s AngloGold Ltd said Thursday it had not yet decided whether to lodge a bid for the gold mining assets of Australian diversified miner WMC Ltd.

WMC has put the division up for possible sale, saying it was too small on its own to meet revenue targets based on growth in its base metals divisions.

Analysts expect the WMC gold unit to deliver about 850,000 ounces in 2001, up from 760,000 in 2000, but still below the minimum one million ounce mark pegged by managing director Hugh Morgan as the minimum required to generate sufficient revenue.

AngloGold is regarded as being among a short list of preferred bidders sizing up the division as part of an effort to diversify its interests outside of South Africa.

"We haven`t made a decision on the WMC assets," an AngloGold spokeswoman told Reuters.

Other foreign companies expressing interest include Gold Fields Ltd GFIJ.J of South Africa and North American firms Barrick Gold Corp ABX.TO and Newmont Mining Corp NEM.N.

Normandy Mining Ltd (ASX: NDY) and Newcrest Mining Ltd NCM.AX are also seen as suitors.

Proposals for a sale could be presented to WMC`s board as early as next month, industry sources told Reuters.

The book value of the division, whose mainstay is the St Ives mine in Western Australia and a host of exploration properties, is A$300 million (US$153 million).

VALUE ESTIMATES VARY

Credit Suisse First Boston feels the division could fetch "somewhere in the range of A$250 million and A$450 million.

BNP Paribas Equities is more generous, estimating the gold operations are worth between A$400 million and $500 million.

WMC`s Morgan has not ruled out folding the division into an outside mining company in exchange for equity.

A swap would help dilute WMC`s capital expenditure costs in gold, which are expected to double to around A$80 million a year to fund a new heap leaching facility and other expansion work, analysts said.

Strong speculation of South African interest in the division stems from a desire for the industry there to build asset bases outside of South Africa, where high costs associated with deep underground mining and labour are eating into profits.

"From the standpoint of a South African mining company, Australia appears very attractive," said Bell Securities analyst Keith Goode.

AngloGold took its first step into Australia`s goldfields with its 1999 acquisition of Acacia Resources, a half-million ounce per year producer - a move AngloGold chairman Bobby Godsell called a first salvo into Australia.

There was speculation some weeks ago that AngloGold`s parent, Anglo American Ltd AAL.L, was interested in a takeover of WMC for its nickel and copper mines, and if successful, that the gold holdings would be shifted to AngloGold.

The speculation pushed WMC shares to A$10.33 on June 22, their highest in more than three decades. They have since recoiled to well under A$10. In afternoon trading, WMC was up six cents at A$9.31.

Analysts have said any bid for the company would likely have to be made at between A$12.00 and A$12.50 a share.

(A$1=US$0.51)


MfG