The former labour minister and reserve bank governor may be planning a return to politics as he steps down as AngloGold Ashanti's chairperson.
Gold’s decline has resulted in thousands of job losses and closed mines like Blyvoorzicht, which has left behind miners who can only cling to hope.
A South African company has begun work on the Kibali mine in the DRC, set to be one of the biggest mines in Africa upon completion.
The rising gold price has boosted AngloGold Ashanti's headline earnings for the first quarter in four.
Former AngloGold Ashanti chief executive Bobby Godsell has called for a ban on garnishee orders.
Asset managers have advised mining companies to reign in the colossal salaries being awarded to chief executives.
President Jacob Zuma has urged parties in the gold mining sector to reach a wage agreement soon.
Union leaders have warned that mine owners' handling of pay talks could provoke violence in Tuesday's strikes in the gold sector.
Gold producers and labour groups appear too far apart in pay talks to reach a settlement, according to the majority union.
The gold producer plans to cut 40% of its management positions to reduce costs in the face of a declining gold market.
Bruising wage negotiations between goldminers and workers look to have stalled after unions declared an official wage dispute.
Another ratings agency has cut gold giant AngloGold Ashanti's rating following a plummet in the precious metal's price.
AngloGold Ashanti has appointed Srinivasan Venkatakrishnan as its chief executive with immediate effect, says the company.
AngloGold Ashanti has been charged with contaminating water and "ongoing pollution" in Stilfontein by the Federation for Sustainable Environment.
NUM officials and Cosatu general secretary Zwelinzima Vavi were pelted with stones by some protesters at AngloGold Ashanti's mine near Orkney.
After nearly two months of wildcat strikes, mine workers are divided some are throwing in the towel, whereas others are sticking to high wage demands.
Gold mine owners and unions representing striking workers say they have reached a deal aimed at ending months of industrial unrest.
A unanimous ConCourt decision found that miners could seek compensation in terms of the Compensation for Occupational Injuries and Diseases Act.
AngloGold Ashanti has become the 49th business partner to join Eskom's energy efficiency drive, 49M.