No developments in Ashanti bid - Lonmin

There are no new developments regarding the bid by world number two gold miner AngloGold for Ghana's Ashanti Goldfields, with Randgold Resources having yet to make a formal bid for Ashanti, Lonmin chief executive Ed Haslam told I-Net Bridge on Thursday.

"Only one bid remains on the table for Ashanti," Haslam said.

Lonmin has a 28.2 percent stake in Ashanti Goldfields and is looking to divest from the company.

AngloGold is currently waiting for the Ghana government, which has a 16.9 percent stake in Ashanti, to advise on AngloGold's bid for Ashanti.