Offloading assets at about half the book value underscores miner’s desperation to quit SA
AngloGold Ashanti has just given foreign investors one more reason to feel nervous about ploughing money into SA.
On Wednesday, the company offloaded the Mponeng mine, with surface assets and the mothballed TauTona and Savuka mines, to rival Harmony Gold for $300m .A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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