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AngloGold Ashanti completes sale of Navachab mine -

2014-7-1  AngloGold Ashanti is pleased to announce completion of its sale of AngloGold Ashanti Namibia (Proprietary) Limited, a wholly owned subsidiary which owns the Navachab Gold Mine, to QKR Corporation...

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AngloGold completes Navachab sale - Miningmx

2014-7-1  [miningmx] – ANGLOGOLD Ashanti said it had completed the sale of its Navachab mine to private equity firm, QKR Corporation, on June 30 with all conditions precedent met “and monies paid”.

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AngloGold Ashanti Completes sale of Navachab Mine

2014-7-1  AngloGold Ashanti is pleased to announce completion of its sale of AngloGold Ashanti Namibia, a wholly owned subsidiary, which owns the Navachab Gold Mine, to QKR Corporation.

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AngloGold Ashanti Selling Navachab Mine in Namibia E

2020-4-8  AngloGold Ashanti reported on February 10, the signing of a binding agreement to sell its Navachab open-pit gold mine in Namibia to QKR Corp. for $110 million. QKR is a private equity company, and purchase of the Navachab mine is its first acquisition. The company’s president, Lloyd Pengilly, is a former Johannesburg gold analyst.

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Fund may bid for AngloGold's Navachab - Miningmx

2014-2-5  AngloGold Ashanti was discussing the sale of its Namibian mine, Navachab, with QKR Corporation, a private equity firm headed by former JPMorgan banker, Lloyd Pengilly.

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Private equity buys Navachab from AngloGold

2014-2-10  AngloGold Ashanti’s VP Charles Carter, who sees QKR as “the right group to take Navachab forward”, described the sale as being “for fair value in the midst of a difficult market”.

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AngloGold has bidders' list for Navachab mine ...

2013-5-2  AngloGold’s Navachab mine in Namibia “’ up for sale Johannesburg, South Africa — 02 May 2013 – AngloGold Ashanti Limited “’ the world’s third-largest producer of the precious metal “’ has selected a shortlist of bidders for its Navachab mine in Namibia, after what it describes as “good interest” in the asset. “From the initial group we’ve selected a shortlist of ...

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Private miner completes acquisition of AngloGold’s

2014-7-1  The sale of Navachab, which has been owned and operated by AngloGold Ashanti since its formation in 1998, stems from a strategy launched last year in which AngloGold said it would strip out...

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Home AngloGold Ashanti

AngloGold Ashanti is a global gold mining company with operations, projects and exploration activities in 10 countries on four continents. These sites employ over 20,000 people – people with identities that are so diverse they are almost impossible to qualify or quantify. Visit anglogoldashantidiversity. ESG transparency hub.

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AngloGold Ashanti Completes sale of Navachab Mine

2014-7-1  AngloGold Ashanti is pleased to announce completion of its sale of AngloGold Ashanti Namibia, a wholly owned subsidiary, which owns the Navachab Gold Mine, to QKR Corporation. “We’re pleased to have closed this sale, as we focus on optimising our global portfolio to deliver improved cash flow and returns,” said AngloGold Ashanti executive ...

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Private miner completes acquisition of AngloGold’s

2014-7-1  The sale of Navachab, which has been owned and operated by AngloGold Ashanti since its formation in 1998, stems from a strategy launched last year in which AngloGold said it would strip out ...

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AngloGold Ashanti Selling Navachab Mine in Namibia E

2020-4-8  AngloGold Ashanti reported on February 10, the signing of a binding agreement to sell its Navachab open-pit gold mine in Namibia to QKR Corp. for $110 million. QKR is a private equity company, and purchase of the Navachab mine is its first acquisition. The company’s president, Lloyd Pengilly, is a

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Private equity buys Navachab from AngloGold

2014-2-10  Gold major AngloGold Ashanti is selling its Navachab gold mine, in Namibia, to little-known private company QKR Corporation for $110-million. Navachab, QKR's first acquisition, is seen by the ...

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QKR Corporation Buys Navachab Mine From AngloGold

2014-2-10  The ?Chief Executive Officer (CEO) of?AngloGold Ashanti,?Srinivasan Venkatakrishnan (Venkat) ?has announced that the company has signed a binding agreement to sell its Navachab mine to QKR ...

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Navachab mine sold for N$1,2 billion - The Namibian

2014-2-11  Navachab has been owned and operated by AngloGold Ashanti since the company was formed in 1998. As at 31 December 2012, Navachab had gold mineral resources of 4 410 000 ounces and gold ore ...

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AngloGold Ashanti Limited For personal use only

2015-5-11  AngloGold Ashanti Limited (Incorporated in the Republic of South Africa) Reg. No. 1944/017354/06) ISIN No. ZAE000043485 – JSE share code: ANG ... the sale of the Navachab mine last year as well as the transition of Obuasi to limited operations phase in December. The result compared with guidance of

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AngloGold Ashanti Enters Into Agreement to Sell

2014-2-10  AngloGold Ashanti is pleased to announce that it has signed a binding agreement to sell its entire interest in AngloGold Ashanti Namibia Limited , a wholly owned subsidiary which owns the Navachab ...

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News releases AngloGold Ashanti

31st Dec 2020. AngloGold Ashanti completes sale of entire interests in the Sadiola Mine PDF , 171.2kb. 18th Dec 2020. AngloGold Ashanti Provides Year-End 2020 Update on Business and Strategic Matters PDF , 167.9kb. 17th Dec 2020. Dealing in Securities by an Associate of a Director of AngloGold Ashanti PDF , 93.8kb. 15th Dec 2020. Changes to the composition of Board Committees PDF , 80.9kb

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AngloGold Ashanti report for the quarter and year ended

As previously announced, AngloGold Ashanti eliminated its hedge book on 7 October 2010, ending the contractual sale of a portion of its production at discounts to market prices. The company now has full exposure to the price of gold, which increases its potential for cash-flow generation and earnings.

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Private equity buys Navachab from AngloGold

2014-2-10  Gold major AngloGold Ashanti is selling its Navachab gold mine, in Namibia, to little-known private company QKR Corporation for $110-million. Navachab, QKR's first acquisition, is seen by the ...

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AngloGold shortlists bidders for Namibia mine sale

2013-4-30  Johannesburg -- AngloGold Ashanti, the world’s third-largest producer of the metal, has a shortlist of bidders for its Navachab mine in northwestern Namibia after “good interest” in the asset.

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Namibia wants a piece of AngloGold Ashanti $110 million ...

2014-3-3  Navachab has been owned and operated by AngloGold Ashanti, Africa’s No. 1 bullion producer, since in 1998. Its contribution represents less than 2% of AngloGold

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AngloGold Ashanti sells Namibian mine - SowetanLIVE

2014-2-11  AngloGold Ashanti will sell its entire interest in AngloGold Ashanti Namibia (AGAN) to a wholly-owned subsidiary of QKR Corporation Limited, the company said on Monday. AGAN owns the Navachab open ...

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Navachab Gold Mine General Manager - Brunnenhaeuschen

2017-6-1  Anglogold ashanti aga is busy finalising the offers received for the sale of the navachab gold mine, the senior manager of sustainability and country relations, chris movirongo told nampa on thursday. we are working towards finalisation of offers received, he

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AngloGold Ashanti Submits Proposal to Acquire Corvus Gold

2021-7-13  AngloGold Ashanti has a long track record of operating gold mines in the United States, where it operated the Cripple Creek Victor mine in Colorado from acquisition in 1999 through to its sale ..

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AngloGold Ashanti Limited For personal use only

2015-5-11  AngloGold Ashanti Limited (Incorporated in the Republic of South Africa) Reg. No. 1944/017354/06) ISIN No. ZAE000043485 – JSE share code: ANG ... the sale of the Navachab mine last year as well as the transition of Obuasi to limited operations phase in

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Navachab Gold Mine Aveng Moolmans

Navachab Gold Mine. Navachab is situated a few kilometres outside the Namibian town of Karibib. After the original five-year tender award in 1990, Moolmans successfully extended its contract to 2004 when the client, AngloGold Ashanti, switched to owner mining. The production requirement was for half a million tonnes of ore and waste per month.

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Navachab mine sold for N$1,2 billion - The Namibian

2014-2-11  Navachab has been owned and operated by AngloGold Ashanti since the company was formed in 1998. As at 31 December 2012, Navachab had gold

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AngloGold Ashanti report for the quarter and year ended

As previously announced, AngloGold Ashanti eliminated its hedge book on 7 October 2010, ending the contractual sale of a portion of its production at discounts to market prices. The company now has full exposure to the price of gold, which increases its potential for cash-flow generation and earnings.

Get Price