Ghana: Anglogold, Randgold Partner to Resurrect Obuasi Mines

Randgold Resources Limited and AngloGold Ashanti have concluded a multi-million investment deal aimed at the formation of a joint venture to redevelop and operate AngloGold Ashanti's Obuasi gold mine in Ghana.

Randgold is expected to lead and fund a development plan designed to rebuild Obuasi as a viable long-life mining business with an attractive cost structure.

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