EXPLORATION & DEVELOPMENT

AngloGold earning into Argentinian exploration portfolio

JSE-listed gold major AngloGold Ashanti is nutting out a likely US$12.55 million deal with TSX-V-listed junior Latin metals that would see it earn up to 80% in the Organullo, Ana Maria, and Trigal gold projects in the Salta Province of north-western Argentina.

Staff reporter
 Organullo is the most advanced of the asset trio into which AngloGold is earning

Organullo is the most advanced of the asset trio into which AngloGold is earning

The letter of intent allows for a 90-day window to finalise terms, but the deal looks likely to centre on a US$2.55 million cash payment made to Latin and a five-year, US$10 million exploration programme...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.