Speculations are rife about a move by a Russian mining company, Polyus Gold to buy into AngloGold Ashanti.
The Russian company, according to the UK Sunday Times, is hoping to buy part or the entire 41 percent stake that Anglo American has in Anglogold Ashanti.
Anglo American has already announced plans to sell its gold assets within two years as part of a wider overhaul strategy but has not stated how or to whom it intends to sell its shares.
In a recent twist to the story, however the Sunday Times reports that Polyus has approached Anglo American to buy its stake worth 2.25 billion pounds.
But the Ghana office of Anglogold Ashanti says it is not aware of any deal yet involving Polyus and Anglo American.
Meanwhile news of Polyus interest in Anglo American is reported to have has pushed the company’s shares to a six year high on the London Stock Exchange.
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