Matsa and AngloGold Ashanti strike A$101m deal over WA gold project
Global bullion producer AngloGold Ashanti has secured an option to acquire the majority of Matsa Resources’ Lake Carey gold project in Western Australia under a deal valued at A$101-million, subject to certain conditions being met. The agreement, which follows 12 months of negotiations, grants AngloGold Ashanti an 18-month option period over the project that lies near its Sunrise Dam operations. Matsa will retain key assets, including the near-term production Devon Pit gold mine, the Fortitude North project, and the Red October Accommodation Village.
Global bullion producer AngloGold Ashanti has secured an option to acquire the majority of Matsa Resources’ Lake Carey gold project in Western Australia under a deal valued at A$101-million, subject to certain conditions being met.
The agreement, which follows 12 months of negotiations, grants AngloGold Ashanti an 18-month option period over the project that lies near its Sunrise Dam operations.
Matsa will retain key assets, including the near-term production Devon Pit gold mine, the Fortitude North project, and the Red October Accommodation Village.
