EXPLORATION & DEVELOPMENT

AngloGold signs on for Siana search

SOUTH African gold giant AngloGold Ashanti will inject at least $US1.5 million ($A2 million) to explore the ground surrounding Red 5’s emerging Siana gold project in the Philippines, following the major’s decision to exercise its right to joint venture the Outer Siana area.

MiningNews.Net
AngloGold signs on for Siana search

AngloGold will contribute the funds within 12 months for no interest in the project, which comprises two tenements, and will then be able to earn 54% and 58.5% stakes, respectively, in the tenements by...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.