Ladies and gentlemen. Boys and girls. It seems we have yet another M&A transaction on our hands. And as if that wasn’t enough. This particular deal involves a major buying a junior – which is every mining exec’s wet dream.
Yes you heard right. AngloGold Ashanti, one of the world’s largest gold producers, has just announced a definitive agreement to acquire a junior. The acquisition was done as part of a move to consolidate one of the districts of focus for Anglo as the company looks to add further ounces to their current mineral resource inventory.
Want the details? Lets dive in.
Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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