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AngloGold strikes Matsa MoU

TRIAL mining at Matsa Minerals’ Fortitude mine has underwhelmed to expectations, but without missing a beat the junior has signed a memorandum of understanding with AngloGold Ashanti that should benefit its plans in the wider Lake Carey area of Western Australia’s Goldfields.

Haydn Black
Paul Poli.

Paul Poli.

Mining at Fortitude was completed in April with the last ore hauled to AngloGold's Sunrise Dam mill in May, and while the exercise generated around A$9.4 million in revenue, the results were mixed with...

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