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AngloGold in talks to sell South African mines

 A picture of gold Photo:Courtesy

AngloGold Ashanti is in talks to sell one of its South African mines, it said on Friday, having previously outlined plans for the mine’s closure as part of a restructuring process.

South African gold mining companies have struggled for growth in their home market as a volatile currency, labour unrest and government plans for new ownership rules have dimmed prospects.

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