AngloGold may switch South Africa listing for London or Toronto

AngloGold Ashanti is considering listing its shares in either London or Toronto in a move that could see the company hive off its remaining South African operations, according to people familiar with the situation.

Nigeria’s Oando converts $218.9m loan to Canadian unit to equity

LAGOS (Reuters) – Nigeria’s Oando Plc has converted a $218.9 million loan to its Toronto-listed unit Oando Energy Resources to equity, to increase its stake in the subsidiary by 1.6 percent to 93.6 percent, it said on Thursday. Oando said the debt is part of a $1.2 billion facility it approved for its subsidiary in February to help finance … Read more