The global gold-mining industry had reached a point where companies either needed to reinvest to bolster their portfolios or turn to mergers, AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) said on Monday, when he made it clear that his firmly in the reinvestment camp, with a pipeline of high-return brownfields opportunities to improve the production mix. Rather than using large capital investments, the company is continuing to unlock value by making lasting improvements through innovation rather than large capital investment.
