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AngloGold hit by La Colosa vote

AngloGold Ashanti (SJ:ANG) has suffered a major setback at its La Colosa gold project in Tolima, Colombia, after a referendum of the inhabitants of Cajamarca municipality voted overwhelmingly to reject gold mining in its territories.

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A cross in the box: The Cajamarca 'no' vote will delay development of AngloGold’s La Colosa gold project

The vote was a direct attempt to slow development of the 28 million ounce La Colosa project and protect local water sources.

The national electoral body stated 97.