AngloGold Ashanti Acquires Centamin in $2.5 Billion Deal, Creating Fourth-Largest Gold Producer

AngloGold Ashanti is set to acquire Centamin in an all-share deal valued at $2.5 billion, creating the fourth-largest gold producer globally. The acquisition focuses on Centamin’s Sukari gold mine in Egypt, a Tier 1 asset with a consistent output, low-cost structure, and long mine life. The deal is expected to be accretive to AngloGold’s financial performance and will boost its annual gold production above 3 million ounces.

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