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Ashanti and AngloGold Close Geita Sale.


Business Editors

ACCRA Accra (əkrä`, ăk`rə), city (1984 pop. 867,459), capital of Ghana, a port on the Gulf of Guinea. It is Ghana's largest city and its administrative, communications, and economic center. , Ghana--(BUSINESS WIRE)--Dec. 15, 2000

Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated.  Company Limited ("Ashanti") and AngloGold Limited ("AngloGold") announce that the sale of a 50% interest in Ashanti's Geita gold mine in Tanzania to AngloGold Limited (the "Transaction"), made public earlier this year, closed today.

As part of the Transaction, Ashanti has entered into a joint venture with AngloGold to jointly operate and manage the Geita Project. The partners look forward to working together to realise the full potential of the Geita Project for all stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
.

Certain of the statements made in this announcement are forward-looking in nature. By their nature, forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. These factors include, but are not limited to, statements made elsewhere in this announcement. In addition, risk factors relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 Ashanti can be found in its public SEC filings. Ashanti undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. Any statements should be evaluated in light of these factors.
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Publication:Business Wire
Date:Dec 15, 2000
Words:182
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