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Tuesday, 9th November 2004 (3686 views)

AngloGold Ashanti has claimed that the most exciting area for gold exploration in Africa is the Democratic Republic of Congo.<BR/><BR/>According to the mining firm, South Africa now has little new opportunities to offer, but in the Congo there was a good chance of discovering a good size deposit.<BR/><BR/>Richard Duffy, responsible for identifying new opportunities for AngloGold, told Reuters: "In Africa, the most prospective area probably is the Congo. The important thing is to get in there early...but it's far too early to say whether we will build a mine."<BR/><BR/>The second biggest gold producer in the world has already established an exploration area in the Congo's northeast Ituri region and is hoping to bring in a drilling rig.<BR/><BR/>"Hopefully having identified it as an interesting area we will be able to announce something in due course," Mr Duffy added.<BR/><BR/>The company is also focusing on gold efforts in Columbia, Peru, China, Russia, Alaska, the Philippines and Mongolia.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7019112"/>

 

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