Bloomberg News

AngloGold Not Formally Approached on Ghana Agreement Revision

January 31, 2012

Jan. 31 (Bloomberg) -- AngloGold Ashanti Ltd. hasn’t received “any formal approach” from Ghana about revising a stability agreement signed in April 2004, the company said.

“In our view, the terms of this stability agreement will continue to apply,” the Johannesburg-based company said in an e-mailed response to a query today. Ghana’s government formed a committee to review and renegotiate mining deals including the stability agreements it has with AngloGold and Newmont Mining Corp., Finance Minister Kwabena Duffuor told reporters in Accra today.

To contact the editor responsible for this story: Carli Lourens at clourens@bloomberg.net


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