After the sale of La Colosa, what is AngloGold Ashanti's presence in Colombia?
Portafolio Journalist 03.10.2026 12:34 Updated: 03.10.2026 12:34
TL;DR
- AngloGold Ashanti has sold its La Colosa gold project in Cajamarca to Mineros S.A.
- The transaction involves an initial payment of US$10 million, with potential additional payments up to US$60 million.
- Contingent payments depend on conditions like the approval of a Work and Operations Plan (PTO) and obtaining an environmental license.
- AngloGold Ashanti retains interests in Colombia, notably the Quebradona copper and gold project in Jericó, Antioquia.
- The Quebradona project is planned for underground mining, with an estimated construction phase of four years and 21 years of production.