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
-
Sophia Akuffo didn’t resign over Torkornoo’s removal – Kwakye Ofosu
42 minutes -
Government ends diesel fuel relief ahead of June pricing window
48 minutes -
Bossman Asare resigned voluntarily, government didn’t pressure him – Kwakye Ofosu
51 minutes -
Military deployed to Bawku SHS after student rampage over exam malpractice crackdown
54 minutes -
Roads Ministry must disclose full details of road contracts – MFWA
56 minutes -
Two jailed over armed robbery attack on New Edubiase fuel station
57 minutes -
IAEA backs Ghana’s nuclear readiness amid Africa’s growing energy transition
1 hour -
Tema West MP demands urgent probe into missing Constituency Women’s Organiser
1 hour -
Church of Pentecost Chairman calls on Nkwanta residents to embrace peace
1 hour -
Mahama presides over 48th Change of Guards Parade at the Presidency
1 hour -
Mahama receives letters of credence from seven new envoys
1 hour -
IAEA, FAO targets Striga threat to legume production in Africa
1 hour -
Africa must turn gas wealth into prosperity – Leaders declare
1 hour -
Ghana positions itself as preferred outsourcing hub at London roundtable
1 hour -
Police arrest suspect in murder of UCC student Innocentia Avinu
1 hour