AngloGold's stock, however, appears to have found a bottom for a couple of reasons. Last month, the miner received regulatory approval from Ghana to redevelop its stalled Obuasi mine, which AngloGold says will be its cornerstone asset thanks to high-grade ore and low costs. Meanwhile, AngloGold estimates production from its Sunrise Dam mine in Australia to jump 25% this year to about 300,000 ounces -- a level it expects to maintain in the long run.