Tag Archives: Gold producer

World’s third-largest Gold Producer, AngloGold Ashanti, moves into Eritrea

Nevsun and others took the risk and shines in Eritrea, so do will AngloGold

Mining Review,

Africa’s leading mining group and world’s third largest gold producer ‒ AngloGold Ashanti Limited ‒ views its exploration initiative in Eritrea as being at a similar stage as when it moved into Colombia, where it had so far delineated a resource of 12.3Moz of gold at the La Colosa project.

Miningmx reports that this is according to AngloGold Ashanti senior vice-president for global exploration Roric Smith who said:

The risk is very high and we are not sure where it will all end up, but Eritrea represents a significant opportunity.”

Continue reading World’s third-largest Gold Producer, AngloGold Ashanti, moves into Eritrea