Government of Guinea Lifts Embargo on Export of Gold Bullion
|
| Acrobat Version |
|
| Wednesday, August 25, 2004 |
AngloGold Ashanti announced today that it has been informed by the Government of the Republic of Guinea that the embargo on the export of gold bullion from that country by AngloGold Ashanti has been lifted.
This development provides a conducive environment for the negotiations to resume between the company and the Government on the Convention de Base, which regulates the company’s relationship with the Government of Guinea.
Commenting on the announcement, Sam Jonah KBE, President of AngloGold Ashanti, said, "We are delighted with this development and look forward to the expeditious and amicable resolution of all outstanding matters. To this end, the company has received from the Government suggested amendments to the existing Convention and we expect to recommence and to conclude negotiations shortly. We also look forward to working with the Government in realising the Siguiri mine’s exciting potential to the benefit of both Guinea and AngloGold Ashanti". |
|
|
|