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AngloGold to sell South African assets to Harmony

AngloGold Ashanti has agreed to sell its South African assets – which include the world’s deepest gold mine in Mponeng – to fellow Johannesburg-listed gold miner Harmony Gold for about US$300 million.

AngloGold to sell South African assets to Harmony AngloGold to sell South African assets to Harmony AngloGold to sell South African assets to Harmony AngloGold to sell South African assets to Harmony AngloGold to sell South African assets to Harmony

The Mponeng gold mine in the West Wits mining district, south-west of Johannesburg, South Africa

The sale follows what AngloGold referred to as a "rigorous nine-month sales process" to identify a suitable buyer, and effectively marks the exit of the company from its native South Africa - although