Antilles Gold is seeking to sell a controlling stake in its Cuba gold joint venture to a US investor as part of a plan to get sanctions lifted. The company says it is “encouraged” by the Trump administration’s response to its approach. If approved, the move could reduce country/sanctions risk for the asset, but near-term market impact is likely limited given the uncertainty around approvals.
Antilles Gold is seeking to sell a controlling stake in its Cuba gold joint venture to a US investor as part of a plan to get sanctions lifted. The company says it is “encouraged” by the Trump administration’s response to its approach. If approved, the move could reduce country/sanctions risk for the asset, but near-term market impact is likely limited given the uncertainty around approvals.
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