AngloGold Ashanti were so scared of the Geo Political Risk in the DRC , the decided to spend 2.5bill anywayLol
In 2013, AngloGold Ashanti, who also hold a 45% interest in the world class Kibali Gold Mine in the DRC, elected to suspend its activities at the Mongbwalu Gold Project and placed the Project on care and maintenance. With its efforts concentrated on the Kibali Gold Mine and the US$2.5 billion open cast and underground operation, it sold its interest in the Mongbwalu Gold Project and Adidi-Kanga to Fimosa in early 2015.
VEC Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held