Speculation rife over likely bidder for Mponeng| The world’s deepest gold mine is up for grabs, and those companies with deep pockets are in the race for the prized asset.
Mponeng, which is 3.7km deep, is the last major asset owned by AngloGold Ashanti in South Africa. The mining company has resolved to sell it in order to invest in other foreign markets.“We do not comment on the specific aspects of the process, including prospective bidders, with which we have confidentiality agreements,” he said.
“Our priority is to ensure that the assets are sold to a buyer with the appropriate technical skills, including underground mining expertise and experience, along with the necessary financial capacity to sustain these assets.” However, City Press can reveal that at least three independent sources – including highly placed employees at AngloGold and Sibanye-Stillwater – have tipped Harmony Gold and Sibanye-Stillwater to be among the frontrunners for the Carltonville-based mine.
Sibanye spokesperson James Wellsted declined to confirm or deny whether the company had submitted a bid for the mine.
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