News
AngloGold to buy Coeur Mining’s projects in USA for $150 million
![•Alberto Calderon, CEO of Angle-Gold Ashanti](https://thespectatoronline.com/wp-content/uploads/2022/09/Alberto-Calderon.jpg)
• Alberto Calderon, CEO of Angle-Gold Ashani
AngloGold Ashanti Limited has entered into a definitive agreement with Coeur Mining Inc. to acquire 100 per cent of Coeur’s wholly-owned subsidiary, Coeur Sterling Inc., which owns neighbouring properties, to AngloGold Ashanti in the Beatty district of southern Nevada, USA.
The properties to be acquired in the transaction include Coeur’s C-Horst, SNA, Secret Pass and Daisy ore bodies, as well as the decommissioned Sterling Mine and all tenements that surround these properties.
AngloGold Ashanti U.S.A. Holdings Inc., a wholly-owned subsidiary of AngloGold Ashanti, will acquire all shares of Coeur Sterling for $150m in cash when the transaction closes.
“This acquisition further enhances the value proposition we are building in the Beatty District,” AngloGold Ashanti Chief Executive Officer (CEO), Alberto Calderon, said in a statement issued this week.
“The addition of these properties consolidates our ownership position in one of North America’s most promising new gold districts, and gives us the ability to develop it in a way that will realise its full potential for the benefit of all stakeholders,” the CEO added.
According to the statement, Coeur currently estimates that the properties to be acquired in this transaction have a mineral resource of 914,000oz.
“If, after additional exploration, AngloGold Ashanti declares a mineral resource from these properties that is greater than 3.5Moz, AngloGold Ashanti would make the deferred consideration payment of an additional $50m. This deferred consideration would be made 30 days after that Mineral Resource declaration is made,” the statement said.
AngloGold Ashanti holds several exploration and development assets (North Bullfrog, Silicon, Merlin, Mother Lode, Transvaal and Rhyolite) in the Beatty District.
News
GPL Voilent Dissturbance: One more arrested
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The Ghana Police Service has arrested one more suspect, Elizabeth Akosua
Ntiriwaa, alias Akosua Black Chinese.
Her arrest is in connection with the violent disturbances that occurred during the football match between Nsoatreman FC and Kumasi Asante Kotoko FC on February 2, 2025.
This brings to six, the number of suspects arrested so far in connection with the incident.
Elizabeth Akosua Ntiriwaa is currently in Police custody, assisting with the investigation.
The intelligence-led operation and investigation remain ongoing to ensure all perpetrators connected to the incident are arrested and brought to justice.
News
Emmanuel Kwamena Anyimah Appointed Deputy Chief Executive of the Minerals Commission of Ghana
![](https://thespectatoronline.com/wp-content/uploads/2025/02/IMG-20250206-WA0018.jpg)
President John Mahama has appointed Mr Emmanuel Kwamena Anyimah (Ellembele KK) as the new Deputy Chief Executive of the Minerals Commission of Ghana.
With extensive experience in Environmental, Health and Safety (EHS), Engineering, and Quality Assurance/Quality Control (QA/QC), Emmanuel is expected to bring strategic leadership to the Commission during a critical period for Ghana’s mining sector.
His career spans key industries, including construction, oil and gas, and energy, with expertise in pipeline and piping inspection, welding quality control, environmental management, and regulatory compliance.
Emmanuel holds multiple degrees, including an MSc in Energy and Environmental Management from the University of Central Lancashire (UK), an LLB from KAAF University (Ghana), a BSc in Management Studies from Central University College, and an HND in Civil Engineering from Takoradi Technical University.
He has held key roles in leading organizations such as ORSAM Oil and Gas, and Amaja Oilfield Ltd., where he ensured operational efficiency, compliance, and safety. He holds several professional certifications and is an active member of esteemed industry bodies, reinforcing his expertise in quality assurance, environmental sustainability, and regulatory frameworks.
Emmanuel’s appointment is expected to strengthen the Minerals Commission’s ability to regulate and promote sustainable mineral resource development. His leadership, technical knowledge, and commitment to regulatory excellence will play a vital role in ensuring Ghana’s mining sector remains competitive, transparent, and environmentally responsible.