AngloGold Ashanti to Sell Mineração Serra Grande Mine to Aura Minerals for $76 Million

Reuters

06-02

AngloGold Ashanti to Sell Mineração Serra Grande Mine to Aura Minerals for $76 Million

AngloGold Ashanti plc has announced the sale of its interest in the Mineração Serra Grande mine, located in Goiás, Brazil, to Aura Minerals Inc. The transaction involves selling Mineração Serra Grande S.A., which owns the mine, to a Brazilian affiliate of Aura for a cash consideration of $76 million, subject to certain adjustments. Additionally, AngloGold Ashanti will receive deferred consideration payments equivalent to a 3% net smelter returns participation over the current Mineral Resource of the mine. The sale is contingent upon several conditions, including anti-trust approval from Brazilian authorities and the completion of TSF Decharacterization work. The transaction is expected to close in the third quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anglogold Ashanti plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-028739), on June 02, 2025, and is solely responsible for the information contained therein.

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Additionally, AngloGold Ashanti will receive deferred consideration payments equivalent to a 3% net smelter returns participation over the current Mineral Resource of the mine. The sale is contingent upon several conditions, including anti-trust approval from Brazilian authorities and the completion of TSF Decharacterization work. The transaction is expected to close in the third quarter of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anglogold Ashanti plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-028739), on June 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDL37Dz1m:1","article_id":"2540076736","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540076736","pubTimestamp":1748862545,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"AngloGold Ashanti plc has announced the sale of its interest in the Minerao Serra Grande mine, located in Goiás, Brazil, to Aura Minerals Inc. 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