Tag: AngloGold Ashanti
Kuvimba Mining House CEO Trevor Barnard has revealed that the diversified, Mutapa Investment Fund-owned mining giant requires approximately US$950 million to bring its full portfolio of mining operations to optimal production capacity, Mining Zimbabwe can report.
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Zimbabwe's gold sector has the potential to grow into a 100-tonne-per-year industry, but doing so will require more than ambition—it will demand over US$1 billion in fresh capital, targeted policy reform, and structural changes in how...
South Africa ministry OKs AngloGold asset sale but blocks delisting
South Africa’s mines ministry has approved AngloGold Ashanti’s (JSE: ANG) (NYSE: AU) sale of its last remaining assets in the country to rival Harmony...
IAMGOLD sale of Mali mine delayed amid coup
Canada’s IAMGOLD (TSX: IMG) (NYSE: IAG) has delayed the sale process for its Sadiola gold mine in Mali, a joint venture with South Africa’s...
AngloGold must keep South Africa listing
AngloGold Ashanti will have to keep trading shares in South Africa to conclude the sale of its last remaining assets in the country to...
AngloGold Ashanti sells world deepest mine, set to exit South Africa
Global gold mining company AngloGold Ashanti is to sell its Mponeng mine and Mine Waste Solutions (MWS) to Harmony Gold for $300m (R4.44bn), the...
Africa loses billions worthy of gold to Dubai through smuggling
Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East —...
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