AngloGold Ashanti receives approval to sell its South African mines

SOUTH AFRICA –AngloGold Ashanti has announced that it has met all the conditions with respect to the sale of its remaining mines in South Africa to Harmony Gold Mining Company Limited. It includes the unconditional approval by the Department of Mineral Resources and Energy for the transfer of the West Wits mineral rights from AngloGold Ashanti to Harmony. Consequently, the transaction is scheduled to close in accordance with the earlier transaction agreement on 30 September 2020, upon which Harmony will assume full ownership and operation of all assets and liabilities…

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