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AngloGold Ashanti Partners with Randgold to Revamp Mine

2015-9-22  AngloGold Ashanti Ltd. AU recently announced that it has inked an investment agreement with Randgold Resources Limited GOLD to form a joint

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AngloGold, Randgold partner to resurrect Obuasi mines ...

2015-9-17  Randgold and AngloGold Ashanti will appoint equal number of directors to the board of the joint venture company, with board and shareholder decisions to be approved by both parties. About the mine Obuasi is located in the Ashanti region of Ghana 320 kilometers northwest of the capital Accra.

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AngloGold Ashanti partners Rangold to revamp Obuasi

2015-9-17  AngloGold Ashanti partners Rangold to revamp Obuasi mines. By Myjoyonline LISTEN SEP 17, 2015 ... Randgold and AngloGold Ashanti will then be jointly responsible for funding the redevelopment of Obuasi in line with the agreed development plan. A Randgold group entity will be appointed as operator of the mine, and Randgold and AngloGold ...

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Randgold, AngloGold To Partner Again - GhanaStar

2017-2-9  In September 2016, Randgold Resources CEO Mark Bristow, speaking at a media briefing in Johannesburg, said his firm walked from a proposed joint venture with AngloGold Ashanti on the Obuasi mine because of a combination of technical mining issues and management’s deep concern about the social situation around the mine and the probability of ...

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AngloGold teams up with Randgold to redevelop Obuasi ...

2015-9-16  [miningmx] – AngloGold Ashanti (AngloGold) has teamed up with Randgold Resources to redevelop the troubled Obuasi gold mine in Ghana at which AngloGold stopped underground operations and retrenched the workforce at the end of last year.

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Slaughter and May is advising AngloGold Ashanti -

2015-9-18  Slaughter and May is advising AngloGold Ashanti (AGA) on its proposed joint venture with Randgold Resources (Randgold) to redevelop and operate AGA’s Obuasi gold mine. Obuasi is a large, high-grade deposit located in the Ashanti region of Ghana.

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Anglogold Ashanti Obuasi mine revival starts

2015-9-16  Ghana – Gold majors Randgold Resources and AngloGold Ashanti are replicating the solid relationship established at the Kibali project in the DRC as they look to jointly redevelop and operate the Anglogold Ashanti Obuasi mine. The two companies have concluded an investment agreement aimed at the formation of a joint venture for Obuasi’s redevelopment.

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Randgold, AngloGold Ashanti join forces to revamp Ghana ...

2015-9-16  If the development plan meets both parties’ investment criteria, and assuming all other conditions are satisfied, Randgold and AngloGold Ashanti

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Kibali, DRC AngloGold Ashanti

Contribution to group production 12% Kibali is co-owned by AngloGold Ashanti (45%), Barrick (45%) following its merger with Randgold Resources Limited, and SOKIMO (10%), a state-owned gold mining company. The consolidated lease is made up of 10 mining concessions.

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Randgold/Anglogold JV to rebuild Obuasi gold mine in

2015-9-17  AngloGold Ashanti has obviously been impressed with Randgold’s construction leadership in the Kibali gold mine JV in the Democratic Republic of Congo and its management of the rundown of the Morila gold mine in Mali, which is coming to the end of its life, and has come to an investment agreement with its partner on these operations to form another JV to rebuild its Obuasi gold mine in Ghana, with Randgold

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Randgold walks away from Ghana partnership with

Randgold walks away from Ghana partnership with AngloGold. Randgold Resources is walking away from a proposed joint venture with AngloGold Ashanti to redevelop one of Africa’s largest gold mines ...

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Slaughter and May is advising AngloGold Ashanti -

2015-9-18  Slaughter and May is advising AngloGold Ashanti (AGA) on its proposed joint venture with Randgold Resources (Randgold) to redevelop and operate AGA’s Obuasi gold mine. Obuasi is a large, high-grade deposit located in the Ashanti region of Ghana.

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AngloGold Ashanti says Randgold to help develop Ghana

2015-9-16  JOHANNESBURG, Sept 16 (Reuters) - Africa's biggest gold producer AngloGold Ashanti (Xetra: AOD.DE - news) said on Wednesday it has signed a deal with Randgold Resources to develop and mechanise its Obuasi mine in Ghana. Randgold will lead and fund a development plan to rebuild the mine which is expected to take around four months, AngloGold said in a statement.

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AngloGold to redevelop Ghana mine jointly with Randgold

2015-9-16  Africa's biggest gold producer AngloGold Ashanti (Xetra: AOD.DE - news) said on Wednesday it has signed a deal with Randgold Resources to jointly redevelop its aging Obuasi mine in Ghana. Randgold said the joint venture would not spend more than $1 billion on the redevelopment. AngloGold stopped production in November and cut jobs at Obuasi, which holds about 5 million

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Randgold bets on Ghana tie-up with AngloGold Financial

Randgold Resources is placing its next big bet on African gold, preparing a joint venture with AngloGold Ashanti to revive the Obuasi mine in Ghana.. The proposal to partner with AngloGold to ...

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Randgold, AngloGold Ashanti join forces to revamp Ghana ...

2015-9-16  Obuasi, located in the Ashanti region of Ghana 320 kilometres northwest of the capital Accra, is a large, high-grade deposit with proven and probable ore reserves (as reported by AngloGold Ashanti ...

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Randgold pulls out of Obuasi JV with AngloGold - Miningmx

2015-12-21  [miningmx] – ANGLOGOLD Ashanti has been sent back to the drawing board after Randgold Resources withdrew from an option to invest in Obuasi, the Ghanaian gold mine AngloGold mothballed earlier this year. The R42bn group said the partners

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Randgold/Anglogold JV to rebuild Obuasi gold mine in

2015-9-17  By Lawrie Williams. AngloGold Ashanti has obviously been impressed with Randgold’s construction leadership in the Kibali gold mine JV in the Democratic Republic of Congo and its management of the rundown of the Morila gold mine in Mali, which is coming to the end of its life, and has come to an investment agreement with its partner on these operations to form another JV to rebuild its

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Randgold says AngloGold stake in Kibali mine too pricey ...

2014-9-16  Randgold Resources Ltd, a joint venture partner in AngloGold Ashanti Ltd's Kibali mine in the Democratic Republic of Congo, believes the stake it does not own is too costly at current prices, its ...

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Randgold to up Ashanti offer - The Mail Guardian

2003-10-24  At 1110, AngloGold was quoted unchanged at R269 a share in Johannesburg while in London Randgold was quoted down $22,38 a share, down $0,07 from the company’s close in New York on Thursday of ...

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Randgold To Develop Obuasi Gold Mine With AngloGold:

2015-9-30  Randgold Resources announced the formation of a joint venture partnership with AngloGold Ashanti to develop the Obuasi gold mine in Ghana.

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AngloGold to redevelop Ghana mine jointly with Randgold

2015-9-16  Africa's biggest gold producer AngloGold Ashanti (Xetra: AOD.DE - news) said on Wednesday it has signed a deal with Randgold Resources to jointly redevelop its aging Obuasi mine in Ghana. Randgold said the joint venture would not spend more than $1 billion on the redevelopment. AngloGold stopped production in November and cut jobs at Obuasi, which holds about 5 million

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AngloGold Ashanti (AU) Stock Climbs Following Randgold ...

2015-9-17  AngloGold Ashanti (AU) shares are rising after announcing a new development partnership with Randgold (GOLD). Log In Receive full access to our

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Randgold Makes Bid for Ashanti, Opening a Battle With ...

2003-8-11  Randgold unveiled a rival $1.46 billion all-stock bid for Ashanti Goldfields to compete with AngloGold. The U.K. gold-mining firm's offer is conditional on further due diligence.

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AngloGold Ashanti Limited CUSIP: 035128206 – NYSE

AngloGold Ashanti Limited (Incorporated in the Republic of South Africa) Reg. No. 1944/017354/06) ... reached conditional agreement to partner with Randgold Resources Limited to redevelop the Obuasi gold mine in Ghana as a mechanised, productive long-life operation.

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Randgold Resources and AngloGold Ashanti Acquire Moto ...

On October 15, 2009, Randgold Resources Limited, an African-focused gold mining and exploration company, and AngloGold Ashanti Limited, a leading gold producer with operations in Africa, completed the acquisition of Moto Goldmines Limited, a mineral exploration and development company with interests in the Democratic Republic of the Congo.

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Randgold Agrees to Lead Plan to Rebuild AngloGold

2015-9-16  Randgold Resources Ltd. agreed to lead and fund a plan to rebuild AngloGold Ashanti Ltd.’s Obuasi mine in Ghana that ceased underground operations last year.

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Randgold to up Ashanti offer - The Mail Guardian

2003-10-24  At 1110, AngloGold was quoted unchanged at R269 a share in Johannesburg while in London Randgold was quoted down $22,38 a share, down $0,07 from the company’s close in New York on Thursday of ...

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Mining: AngloGold’s Ghana mine partner, Randgold

2016-2-10  Randgold Resources in December pulled out of a joint venture with AngloGold to redevelop Obuasi, a decision that could spell closure for one of Ghana’s most important mines. we are now firmly of the view that we must now progress our discussion with the Ghanian government

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AngloGold Ashanti Benzinga

2020-11-3  The price of gold rose from near $1,200 an ounce at the beginning of January to above $1,250 by the middle of the month. Short interest in leading gold

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