• AngloGold Ashanti to exit its last SA assets MyJoyOnline

    AngloGold Ashanti to exit its last SA assets the world's third-largest gold mine, has extensively restructured its SA portfolio, selling mines to Harmony Gold and others, leaving it with a

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  • AngloGold agrees the first of three big asset sales

    AngloGold Ashanti finalised the sale of the first of its three big assets new CEO Kelvin Dushnisky has put up for sale, with Sadiola mine sold to Allied Gold for $105m (R1.5bn) cash.

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  • Anglogold Ashanti's retrenchment U-turn after R1 offer for

    Anglogold Ashanti has decided not to retrench the 4000 workers at its Kopanang mine but instead opted to sell the mine as a going concern. Anglogold Ashanti's retrenchment U-turn after R1 offer

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  • AngloGold's sale of last South Africa mine is credit-positive

    AngloGold Ashanti said it will sell its South African assets for about $300 million (about R4.4 billion) to Harmony Gold, marking the end of its exposure to the country's mining industry. AngloGold Ashanti is selling its Mponeng mine and Mine Waste Solutions tailings recycling business to Harmony Gold.

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  • Anglogold Ashanti to raise US$307m with South African mine

    Anglogold Ashanti to raise US$307m with South African mine sales 24th Oct 2017 Source Graphic Online South Africa's Anglogold Ashanti is to sell two gold mines for a total US$307 million in the latest retreat from a sector which is in a state of steep decline.

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  • New AngloGold CEO sees life in major SA mine City Press

    There is still life in AngloGold Ashanti's last major South African gold mine, Mponeng, according to the gold mining company's new CEO, Kelvin Dushnisky.

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  • AngloGold's Obuasi mine bounces back with $500m investment

    2018-02-24 Mining giant AngloGold Ashanti has given indication it will begin operation of its Obuasi Gold Mine soon after reaching an agreement with government for the redevelopment of the

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  • ANG ANGLOGOLD ASHANTI LIMITED AngloGold Ashanti

    AngloGold Ashanti announced in May 2019 that it was undertaking a process to review sale options for the portfolio of assets, principally comprising the Mponeng underground mine, where further capital, necessary to extend the mine life was in competition with other, higher-return AngloGold Ashanti priorities; Mine Waste Solutions, the mine

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  • AngloGold mulls sale of Colorado mine, sources say The

    May 12, 2018 · AngloGold mulls sale of Colorado mine, sources say Open this photo in gallery Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich March 3, 2014.

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  • AngloGold Ashanti Limited Mining Business Media

    West Australian company Matsa Resources has completed the first full quarter of mining at its 100%-owned Red October gold project, delivering 10,903t @ 5.39g/t to the Sunrise Dam treatment plant in the Sept qtr (Q1FY20) under its ore purchase and processing agreement with AngloGold Ashanti.

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  • AngloGold earnings jump as South Africa exits start to pay

    AngloGold Ashanti Ltd. said full-year profit, excluding some one-time items, climbed more than sevenfold from 2017 after it shut and sold mines in South Africa and lowered amortization in Brazil.

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  • UPDATE 2-AngloGold Ashanti plans to sell up in S.Africa

    May 09, 2019 · AngloGold Ashanti Ltd will review divestment options for its Mponeng mine and other South African assets to focus on higher returns elsewhere, the

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  • AngloGold Ashanti completes sale of Navachab Mine Mining

    Jul 01, 2014 · AngloGold Ashanti is pleased to announce completion of its sale of AngloGold Ashanti Namibia, a wholly owned subsidiary, which owns the Navachab Gold Mine, to QKR Corporation. "We're pleased to have closed this sale, as we focus on optimising our

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  • Kopanang Mining Atlas

    Mponeng gold mine, near Carletonville, in the North West, currently the world's deepest mine, was one of the lowest-cost producers in South Africa during the first half of 2016, states South African gold mining major AngloGold Ashanti in its earnings report for the six

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  • AngloGold Is Said to Pick Harmony to Buy South African

    Those South African assets accounted for about 13% of AngloGold's production that year. AngloGold said last week that it plans to provide an update on the asset sale on Feb. 21. In November, AngloGold narrowed the list of bidders for its South African assets to Harmony and Sibanye Gold Ltd., people familiar with the matter said at the time.

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  • National Resources Review AngloGold Ashanti agrees to

    AngloGold Ashanti announced in May 2019 that it was undertaking a process to review sale options for the portfolio of assets, principally comprising the Mponeng underground mine, where further capital, necessary to extend the mine life was in competition with other, higher-return AngloGold Ashanti priorities; Mine Waste Solutions, the mine

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  • AngloGold Ashanti re-launches Ghana gold mine

    Dec 23, 2019 · AngloGold Ashanti has reported its first pour of gold from the Obuasi gold mine in Ghana five years after mining activities were suspended, with plans to mine 2,000 tons per day during 2020, and 4,000 tons per day by the end of next year. Graham Ehm, AngloGold Ashanti's Executive Vice President of Group Planning and Technical, said in a statement that the company "will be

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  • AngloGold Ashanti to sell South African assets for about

    AngloGold Ashanti said on Wednesday it will sell its remaining South African assets for about $300 million to Harmony Gold. The gold miner said in May it will review divestment options for its

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  • AngloGold Ashanti Completes First Week of Underground

    By Oliver Griffin . AngloGold Ashanti Ltd. (ANG.JO) said Monday it completed the first week of underground blasting at the Obuasi mine in Ghana, as the redevelopment project works to achieve first gold pour by the end of 2019.

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  • ANGLOGOLD ASHANTI (IDUAPRIEM) LIMITED Company

    ANGLOGOLD ASHANTI (IDUAPRIEM) LIMITED is located in Accra, Ghana and is part of the Gold & Silver Mining Industry. ANGLOGOLD ASHANTI (IDUAPRIEM) LIMITED has 1445 employees at this location. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like ANGLOGOLD ASHANTI (IDUAPRIEM) LIMITED around the world

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  • Chinese company a step closer to bagging Kopanang mine

    The Competition Commission has finally approved the sale of AngloGold Ashanti's Kopanang mine, Chinese company a step closer to bagging Kopanang mine. Advertise on 24 About Us

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  • AngloGold Ashanti February 12, 2020 AngloGold Ashanti

    AngloGold Ashanti Agrees South African Asset Sale to Harmony Gold 1. Introduction AngloGold Ashanti is pleased to announce that it has reached an agreement (the "Agreement") to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining

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  • I Expect Obuasi Mine To Bring Communities Out Of Poverty

    Jan 29, 2020 · The President indicated that the commemoration of the first gold pour of the Anglogold Ashanti Obuasi Mine after it suspended operations five years ago must be of great benefit to Ghana's Mining sector. "The shutdown of the mine brought in its wake severe levels of hardship to a community whose major preoccupation is mining.

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  • AngloGold quits South Africa in R4.4 billion deal

    AngloGold Ashanti sold its remaining South African assets to Harmony Gold Mining for about $300 million (R4.4 billion). Harmony will acquire the Mponeng mine and surface assets with a combination

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  • Home AngloGold Ashanti South Africa

    May 09, 2019 · Following this restructuring and the sale of assets, AngloGold Ashanti's South African operations currently are Mponeng, the world's deepest gold mine and our flagship South African operation and Surface Operations which encompasses those surface facilities in the West Wits area and in the former Vaal River area, which process and extract

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  • Sadiola Gold Mine, Mali IAMGOLD Corporation

    The Sadiola Gold Mine is operated by AngloGold Ashanti. Mining is carried out using conventional open pit techniques with a carbon-in-pulp processing plant. There are currently five open pits. The main pit oxide resource recently completed mining however mining is currently occurring in the satellite orebodies FE3 and FE4 southeast of the main pit.

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  • AngloGold to register US$357m profit for 2019

    AngloGold Ashanti will release its financial results for the year-ended 31 December 2019 on the Johannesburg Stock Exchange News Service on 21 February 2020. In a

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  • Troubled AngloGold To Sell Obuasi Mine Latest News

    The only solution is for AngloGold to sell the Obuasi operations to those with the necessary deep pocket to continue or for the current owners to abandon the mine altogether with its social and financial implications. Currently, the company is mining at Level 52, which is over five thousand feet underground.

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  • AngloGold Ashanti re-launches Ghana gold mine

    Dec 23, 2019 · AngloGold Ashanti has reported its first pour of gold from the Obuasi gold mine in Ghana five years after mining activities were suspended, with plans to mine 2,000 tons per day during 2020, and 4,000 tons per day by the end of next year. Graham Ehm, AngloGold Ashanti's Executive Vice President of Group Planning and Technical, said in a statement that the company "will be

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  • Mining Engineering Online

    May 09, 2019 · The end of an era is approaching in South Africa as AngloGold Ashanti has begun the sale of its final gold mine in the country. The Financial Times reported that the company will exit the gold mining business in South Africa after a run that began in 1998 when the company was founded through the consolidation of Anglo American's gold mines in South Africa and later merged with Ashanti

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  • TauTona Gold Mine, Anglo Gold, South Africa Mining

    In 2006, AngloGold Ashanti commenced a project to extend its South African TauTona gold mine to 3.9km. This was completed in 2008 making it the world's deepest mine, surpassing the 3,585m deep East Rand Mine by a good distance. The name TauTona means 'great lion' in the Setswana language.

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  • AngloGold's sale of last South Africa mine is credit-positive

    AngloGold Ashanti said it will sell its South African assets for about $300 million (about R4.4 billion) to Harmony Gold, marking the end of its exposure to the country's mining industry. AngloGold Ashanti is selling its Mponeng mine and Mine Waste Solutions tailings recycling business to Harmony Gold.

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