Canada's B2Gold (TSX: BTO; NYSE-AM: BTG) and South Africa's AngloGold Ashanti (NYSE: AU; ASX: AGG) have decided to put their US$925-million Gramalote gold project in Colombia up for sale before year-end. After completing a comprehensive review of the alternatives for the gold project in the northwestern department of Antioquia, the joint venture (JV) partners determined it would be in the best interest of all stakeholders to find a buyer, B2Gold said in its third quarter results report.
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