RareX Limited, an Australian minerals exploration company, has taken a significant step forward in advancing its Khaleesi Project by signing a crucial site access agreement with AngloGold Ashanti. This deal will allow RareX to use the Tropicana access road, clearing the final hurdle for the granting of exploration licence E39/2504. This licence is integral to […]
AngloGold Ashanti has reached an agreement to acquire Centamin in a $2.5 billion cash and stock deal, positioning itself as the fourth-largest gold producer globally. This strategic acquisition gives AngloGold Ashanti control over Centamin’s flagship Sukari mine in Egypt, the largest gold mine in the country, boosting its annual production by around 450,000 ounces to […]
AngloGold Ashanti plc (AGA), a leading player in the global mining industry, has announced its intention to make a significant investment in G2 Goldfields Inc. (G2), a company actively exploring gold in Guyana. This strategic move involves a subscription for 24,500,000 common shares in G2 at C$0.9 per share, amounting to a total consideration of […]
Boston Shaker gold mine : AngloGold Ashanti and its joint venture partner IGO have started commercial production at the Boston Shaker Underground Project at the Tropicana Gold Mine in Western Australia. Approved in March 2019, the Boston Shaker gold mine transitioned into commercial production this month on schedule, under the AUD105.7 million ($77 million) budget, […]
AngloGold Ashanti (AGA) and its joint venture partner IAMGOLD (IMC) have signed a deal to sell their stake of 82% in the producing Sadiola Gold Mine in Mali to Allied Gold for $105 million, as per the latest mining acquisition news. In this connection, AngloGold Ashanti and IAMGOLD are selling their interests in Société d’Exploitation […]