Massive gold deal: AngloGold Ashanti to acquire Centamin and Egypt’s biggest gold mine for $2.5bn

Massive gold deal: AngloGold Ashanti to acquire Centamin and Egypt’s biggest gold mine for $2.5bn

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 […]