AngloGold Ashanti lifted force majeure on its Ghanaian Obuasi mine after the removal of thousands of illegal miners but said it was too early to determine the extent of damage to the loss-making, mothballed operation. The move is significant for AngloGold, which has said it could sell or redevelop the mine. It also cheered investors by saying it would resume dividends after returning to profit in 2016 thanks to a higher spot gold price and weaker currencies. Mandi Dungwa comments.
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