Latest Anglogold Ashanti News

AngloGold Ashanti has completed a 2,659-sample soil geochemistry program at EcoGraf’s Golden Eagle project in Tanzania, with results now pending ahead of a planned drilling phase. The work forms part of a US$9 million farm-in while EcoGraf prepares separate exploration across a broader portfolio of gold and critical-minerals targets.

EcoGraf Limited (ASX:EGR) is raising approximately AUD 2 million through an underwritten Share Purchase Plan (SPP) offering new shares at a 20% discount. The funds will support key project financing and expansion activities at its Epanko Graphite Project and related operations.

Kincora Copper has accelerated exploration activities across its Australian portfolio, including partner-funded drilling with AngloGold Ashanti and sole-funded programs at Condobolin, while divesting its Mongolian assets for US$10 million to sharpen focus and strengthen its balance sheet.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, a historically explored porphyry deposit with promising drill results and strategic positioning amid soaring molybdenum prices.

Matsa Resources has delivered further robust gold intercepts from its ongoing diamond drilling at Fortitude North, Lake Carey, confirming multiple thick, high-grade lodes and setting the stage for an expanded drilling campaign.

Orange Minerals confirmed significant deep volcanic massive sulphide mineralisation at Lennon’s Find in WA, secured ministerial consent for Ghana licence transfers, and completed a $1.675 million placement to fund exploration.

OD6 Metals has revealed gold assays up to 6.31g/t at its Quinn Fluorspar Project in Nevada, highlighting a large epithermal mineral system with potential for both epithermal and Carlin-style gold deposits alongside its core fluorspar targets.

Perenti's subsidiary AMS, through AMAX Ltd, has secured a six-month contract extension at the Iduapriem Gold Mine in Ghana, including the sale of mining equipment valued between A$30 million and A$40 million to AngloGold Ashanti.

Wia Gold advances its Kokoseb Gold Project with strong drilling results revealing new underground targets, a $92 million capital raise, and ongoing feasibility study progress.

Asara Resources has reported robust drilling results at its Massan deposit in Guinea, confirming broad gold mineralisation and identifying a new zone 700m south of the core deposit, underpinning plans to grow and upgrade its resource.

AngloGold Ashanti’s recent drilling on Matsa Resources’ Lake Carey tenement M39/599 has revealed a significant 2-kilometre gold mineralised trend with multiple high-grade intercepts, underscoring the prospect’s exploration potential.

Matsa Resources has received the last $1.65 million option instalment from AngloGold Ashanti, bringing total payments to $9.5 million under their Lake Carey project agreement. AngloGold Ashanti must decide by December whether to exercise the $101 million option.