JOHANNESBURG, Aug 31 (Reuters) - South Africa's AngloGold Ashanti ANGJ.J said on Monday that it and Barrick Gold ABX.TO had agreed to sell their effective 80% stake in the Morila Gold Mine in Mali to Mali Lithium.
Mali Lithium, based in Australia, will buy the company holding the two miners' stake in the mine for an estimated purchase price of between $22 million and $27 million, in a transaction AngloGold Ashanti said was in line with its strategy to rationalise its portfolio and maximise shareholder returns.