[miningmx.com] – ANGLOGOLD Ashanti may sell its Obuasi mine in Ghana or enter into a joint venture once it had completed a restructuring of the mine, said Bloomberg News citing comments by the gold firm’s CEO, Srinivasan Venkatakrishnan.
“We are looking for inward investment,’ Venkatakrishnan told Bloomberg News. “The problem is everybody who has looked at it has correctly said, “Listen, all of this noise around it blurs what is possible in the mine’.’
If AngloGold “can clear the noise and sort out the true potential of the mine, that opens up a range of strategic alternatives for us,’ Venkatakrishnan said. “Joint venture, partnership, sale – it opens up a whole range of those options.’
Click here to read the full article
