Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold and the transaction is scheduled to close on September 30, when Harmony will assume full ownership and operation of all assets and liabilities that form part of the transaction.
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