AngloGold Ashanti Limited (AGA) announced, together with its joint venture partner IAMGOLD Corporation (IMG), the complete sale of their entire interests in Société d’Exploitation des Mines d’Or de Sadiola S.A. (SEMOS) to Allied Gold Corp.
SEMOS’ principal asset is the Sadiola Mine located in the Kayes region of Western Mali.
Prior to the completion of the Transaction, AGA and IMG each held a 41% interest in SEMOS with the remaining 18% interest held by the Republic of Mali.
AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation.
It is now a global gold producer with 21 operations in four continents.
The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses.
AngloGold Ashanti is currently trading at Ghs 37 per share on the Ghana Stock Exchange.