Audio By Carbonatix
Speculations are rife about a move by a Russian mining company, Polyus Gold to buy into AngloGold Ashanti.
The Russian company, according to the UK Sunday Times, is hoping to buy part or the entire 41 percent stake that Anglo American has in Anglogold Ashanti.
Anglo American has already announced plans to sell its gold assets within two years as part of a wider overhaul strategy but has not stated how or to whom it intends to sell its shares.
In a recent twist to the story, however the Sunday Times reports that Polyus has approached Anglo American to buy its stake worth 2.25 billion pounds.
But the Ghana office of Anglogold Ashanti says it is not aware of any deal yet involving Polyus and Anglo American.
Meanwhile news of Polyus interest in Anglo American is reported to have has pushed the company’s shares to a six year high on the London Stock Exchange.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GPL 2025/26: Mensah brace fires All Blacks to victory over Eleven Wonders
29 minutes -
This Saturday on Newsfile: Petitions against the OSP, EC heads, and 2025 WASSCE results
57 minutes -
Ambassador urges U.S. investors to prioritise land verification as Ghana courts more investment
1 hour -
Europe faces an expanding corruption crisis
2 hours -
Ghana’s Dr Bernard Appiah appointed to WHO Technical Advisory Group on alcohol and drug epidemiology
2 hours -
2026 World Cup: Ghana drawn against England, Croatia and Panama in Group L
2 hours -
3 dead, 6 injured in Kpando–Aziave road crash
2 hours -
Lightwave eHealth accuses Health Ministry of ‘fault-finding’ and engaging competitor to audit its work
2 hours -
Ayewa Festival ignites Farmers Day with culture, flavour, and a promise of bigger things ahead
2 hours -
Government to deploy 60,000 surveillance cameras nationwide to tackle cybercrime
3 hours -
Ghana DJ Awards begins 365-day countdown to 2026 event
3 hours -
Making Private University Charters Optional in Ghana: Implications and Opportunities
3 hours -
Mampong tragedy: Students among 30 injured as curve crash kills three
3 hours -
Ken Agyapong salutes farmers, promises modernisation agenda for agriculture
3 hours -
Team Ghana wins overall best project award at CALA Advanced Leadership Programme graduation
3 hours
