Further to the announcement of 19 September 2022, AngloGold Ashanti is pleased to announce that the various conditions to the acquisition by AngloGold Ashanti of Coeur Sterling, Inc., which owns neighbouring properties to AngloGold Ashanti’s properties in the Beatty district of southern Nevada, have been satisfied and the transaction has now closed.
AngloGold Ashanti has paid the closing consideration of $150 million to Coeur Mining, Inc. and will now incorporate the Coeur Sterling properties into its plans to realise the potential of the Beatty district as a new gold production centre for the Company.
4 November 2022
JSE Sponsor: The Standard Bank of South Africa Limited
Andrea Maxey +61 08 9435 4603/ +61 400 072 199 [email protected]
Chipo Mrara +27 11 637 6012/+27 60 571 0797 [email protected]
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