AngloGold Ashanti’s exit from SA not timed

Gold major AngloGold Ashanti on Wednesday said that it did not have firm timing for its exit from South Africa, but that the move would be ‘sooner rather than later’.

The miner in May this year announced the start of a process to divest of its remaining assets in South Africa, which includes the Mponeng underground mine and a surface rock dump processing business and mine waste treatment operation called Mine Waste Solutions.