Bloomberg News

AngloGold Ashanti Delays Kibali, Mongbwalu Board Decisions

February 15, 2012

Feb. 15 (Bloomberg) -- AngloGold Ashanti Ltd., the third- largest gold producer, delayed board approval, scheduled for this month, on its Kibali and Mongbwalu projects in Democratic Republic of Congo.

The board “is expected to receive the final feasibility document for approval in the coming months” AngloGold said of Kibali in a statement today. A study on Mongbwalu will be submitted to the joint venture board for approval next month, it said.

To contact the editor responsible for this story: Carli Lourens at

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