AngloGold Ashanti, subsidiary of AngloGold, Africa’s leading gold miner, said this Monday that investors were showing interest in buying and partnering its Obuasi mine in Ghana whose activity has slowed.
After the company published its results for 2015, its Chief Financial Officer Srinivasan Venkatakrishnan told journalits: “There is quite a lot of interest, even now, in terms of the Obuasi assets, even in the form of a joint venture.”
Earlier, the South African company said it would not look for a new partner for the mine until it had an investment agreement with the government.
In February, AngloGold’s head of corporate affairs in Ghana was killed during a riot.
In 2015, the firm’s total production fell 11% to 3.947 million ounces as insecurity settled in South Africa and activity at Obuasi mine slowed.
Louis-Nino Kansoun
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Altona lists on US OTCQB to access American capital Move supports Mozambique Monte Muambe rare earths project development Listing aligns with US push...
Cameroon banana exports jump 36% to 27,674 tons in January Growth driven by French group subsidiaries PHP and CDBM Compagnie Fruitière dominance to...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...