[miningmx.com] – 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”.
“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 vice-president strategy & business development, Charles Carter.
“We thank the Government of Namibia and the Navachab team for the smooth handover to QKR, who we wish well as they take the mine forward,’ he said.
