EcoGraf and AngloGold Ashanti Launch US$9 Million Golden Eagle Gold Exploration in Tanzania
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EcoGraf Limited and AngloGold Ashanti have launched a US$9 million gold exploration project in Tanzania. AngloGold Ashanti will earn a 70% interest by investing US$9 million over five years, while EcoGraf retains a 30% stake. The project is located near the Golden Pride mine and is considered highly prospective for Tier-1 gold deposits. This marks AngloGold Ashanti's renewed focus on exploration in Tanzania.
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