AngloGold Ashanti to acquire the Crown and Sterling holdings of Coeur Mining for $200m.

AngloGold Ashanti, a global gold mining company, agreed to acquire the Crown and Sterling holdings of Coeur Mining, a precious metals mining company listed on the New York Stock exchange, for $200m. "The divestiture of Crown Sterling unlocks significant value for Coeur stockholders and demonstrates our ongoing commitment to allocating capital into our existing portfolio of near-term core growth projects, highlighted by the Rochester expansion in northern Nevada. The consideration represents a significant gain on our original investment," Mitchell J. Krebs, President and CEO.