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AngloGold Ashanti To Sell Greenfields Exploration Tenements In Colombia

March 5 (Reuters) - AngloGold Ashanti Ltd:

* SALE OF GREENFIELDS EXPLORATION TENEMENTS IN COLOMBIA

* ANGLOGOLD ASHANTI WILL RECEIVE A CASH PAYMENT OF APPROXIMATELY US$4.6 MILLION

* FURTHER PAYMENTS WILL BE MADE TO ANGLOGOLD ASHANTI IN EVENT OF CERTAIN MILESTONES BEING ACHIEVED BY ROYAL ROAD MINERALS

* AGREEMENT WITH ROYAL ROAD MINERALS LIMITED FOR SALE OF ITS INTERESTS IN NORTHERN COLOMBIA HOLDINGS LIMITED

* FURTHER PAYMENTS INCLUDE US$20 MILLION IN FIRST YEAR FOLLOWING COMMENCEMENT OF COMMERCIAL PRODUCTION FOR ANY SPECIFIC PROJECT Source text for Eikon: Further company coverage:

2019-03-05 14:25:01

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