Sukari is the country’s largest and first modern gold operation, as well as one of the world’s largest producing mines.
The addition of the Sukari mine to its portfolio will increase AngloGold’s annual production by around 450,000 ounces, bringing its total output to 3.1 million ounces.
Since production began in 2009, Sukari has produced more than 5.9 million ounces of gold, and has a projected mine life of 14 years.
There are still conditions to fulfill before the deal is closed, including a sanction of the scheme by the Jersey Court, AngloGold said.
Once and if the deal goes through, AngloGold shareholders will hold about 83.6% of the combined entity, while Centamin investors will own roughly 16.4% of the enlarged share capital.
The transaction is latest in a flurry of industry deals fuelled by ecord-breaking prices for the precious metal.
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