March 29 (Reuters) - AngloGold Ashanti Ltd ANGJ.J :
* BOSTON SHAKER UNDERGROUND MINE TO GO AHEAD AT TROPICANA
* ANGLOGOLD ASHANTI AUSTRALIA, INDEPENDENCE GROUP APPROVED DEVELOPMENT OF BOSTON SHAKER UNDERGROUND PROJECT AT TROPICANA GOLD MINE
* BOSTON SHAKER WILL CONTRIBUTE HIGHER GRADE MILL FEED, RESULTING IN AN IMPROVED GOLD PRODUCTION PROFILE AND ENHANCED CASH FLOW
* ORE FROM UNDERGROUND MINE WILL ENABLE TROPICANA GOLD PRODUCTION TO BE MAINTAINED AT BETWEEN 450,000-500,000 OUNCES P.A. OVER NEXT 5 YEARS
* PROJECT WILL COMMENCE IN JUNE QUARTER 2019 AND FIRST GOLD IS SCHEDULED FOR SEPTEMBER QUARTER IN 2020