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AngloGold to sell South African assets to Harmony

AngloGold Ashanti has agreed to sell its South African assets – which include the world’s deepest gold mine in Mponeng – to fellow Johannesburg-listed gold miner Harmony Gold for about US$300 million.

Tom Hoskyns
The Mponeng gold mine in the West Wits mining district, south-west of Johannesburg, South Africa

The Mponeng gold mine in the West Wits mining district, south-west of Johannesburg, South Africa

The sale follows what AngloGold referred to as a "rigorous nine-month sales process" to identify a suitable buyer, and effectively marks the exit of the company from its native South Africa - although...

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