Disclaimer: Please note that in light of the below mentioned M&A activity, information on our website may still be outdated while we work to update the website.
La Mancha forms a strategic alliance with Evolution in Australia and exits from Sudan to refocus its growth strategy in West Africa
- Combination of La Mancha’s Australian assets with Evolution to create a leading growth-focused Australian gold company with annual production of up to 600,000 ounces per year
- Opportunistic sale of its 44% minority stake in the Sudanese Hassai mine (AMC entity) for a price of circa €90m, removing geopolitical overhang in La Mancha’s portfolio
- African growth strategy to focus on creation of a mid-tier West-African producer, centered around La Mancha’s Ivorian Ity mine which has recently expanded its resources to 4Moz of gold and value-accretive opportunities