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South Africa: Anglogold Seeks 100
Percent of Cripple Creek
15 January 2008
Charlotte Mathews
GLOBAL gold producer AngloGold Ashanti was offering to buy
Golden Cycle Corporation, its co-shareholder in the Cripple Creek & Victor
Gold Mining Company in the US, for $149m in shares, the companies said
yesterday.
The transaction would increase AngloGold's ownership to 100% of
Cripple Creek, its only US operation, from 67% previously, although it had a
100% interest in the mine's production until the initial loan it made to the
joint venture was repaid. At the end of September the outstanding value of the
loan was $336m.
http://allafrica.com/stories/200801150052.html
Canon EOS 1D Mark II N
1/400s f/8.0 at 28.0mm iso200
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Full EXIF Info |
Date/Time | 20-Jan-2008 15:21:25 |
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Model | Canon EOS-1D Mark II N |
Flash Used | No |
Focal Length | 28 mm |
Exposure Time | 1/400 sec |
Aperture | f/8 |
ISO Equivalent | 200 |
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White Balance | |
Metering Mode | (-1) |
JPEG Quality | |
Exposure Program | aperture priority (3) |
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