AngloGold Ashanti Signs $140 Million Gas Deal with APA Group

Mining.com reported that AngloGold Ashanti (NYSE:AU) has signed a $140 million infrastructure agreement with APA Group (ASX:APA). The deal will cover a natural gas pipeline to supply AngloGold’s remote Tropicana and Sunrise Dam gold mines located in Western Australia.

As quoted in the publication:

The 292 kilometer Eastern Goldfields Pipeline will connect AngloGold’s mines to APA’s existing pipelines and is seen saving the South African miner millions of dollars in energy costs.

Click here to read the full Mining.com article.