News
AngloGold to buy Coeur Mining’s projects in USA for $150 million
• 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
CSA working closely with X to restore President Mahama’s page
The Cyber Security Authority (CSA) has provided an update on President Mahama’s Twitter page hack.
According to them in a statement today, in the early hours of Monday, March 17, 2025, the Cyber Security Authority (CSA) received a report concerning the compromise of President John Dramani Mahama’s X (formerly Twitter) account, @JDMahama.
According to them, the account has been used to promote a cryptocurrency called “Solana Africa”.
They revealed, “We understand the public concern this incident has generated and are actively addressing the situation. “
The Authority noted that they are working closely with X and other relevant stakeholders to
address this incident and prevent future occurrences.
The CSA will provide further updates as the investigation progresses.
News
Interior Minister Welcomes New Inspector General of Police
Minister for the Interior, Muntaka Mohammed-Mubarak, welcomed the new Inspector General of Police, Mr. Christian Tetteh Yohono to his office in Accra.
The Inspector General of Police (IGP), Mr. Christian Tetteh Yohuno visited the Hon. Minister to formally introduce himself to him.
Mr. Yohuno assured the Minister of his commitment to collaboration, aiming to make the Police Service one of the best in the region.
In response, Muntaka congratulated Mr. Yohuno on his new role and pledged his support for a successful tenure.
The Minister also tasked the IGP to improve professionalism in the Service.
