M&A

AngloGold waives its right over Tropicana stake

SOUTH African gold major AngloGold Ashanti has waived its pre-emptive right over IGO's 30% stake in the Tropicana gold mine in Western Australia.

 The Tropicana gold mine in Western Australia

The Tropicana gold mine in Western Australia

The decision paves the way for Regis Resources' proposed A$903 million acquisition of the stake to proceed. AngloGold operates Tropicana as 70% owner and had the right to acquire IGO's stake for the...

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