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.
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.
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/ 19 October 2012
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.
AngloGold Ashanti says its Mongbwalu gold mine in the DRC faces the obstacle of ex-fighters already mining the area who do not want to leave.
An SA lawyer says he is preparing to sue leading gold miners on behalf of former miners who contracted respiratory ailments such as silicosis.
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/ 15 February 2012
AngloGold Ashanti has become the latest miner to report a surge in output-disrupting safety stops as it unveiled a fall in fourth quarter earnings.
Gold miners will join the nationwide industrial action this week and threaten supply of the precious metal at a time when gold is at a record high.
Nationalisation of South Africa’s mines needs to be debated and not dismissed, the head of Africa’s top gold miner said on Wednesday.
The Constitutional Court, in a landmark judgment opened up space for miners suffering from compensatable diseases.
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/ 29 January 2011
SA mining giant AngloGold Ashanti scooped the unwanted "Public Eye Award" for environmental and social "irresponsibility" on Friday.
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/ 28 September 2010
AngloGold Ashanti on Tuesday forecast gold prices — already at record highs — could rise by between $70-$100 an ounce annually.
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/ 15 September 2010
AngloGold Ashanti said on Wednesday that it had suspended operations at its Tau Tona mine following a fatality.
AngloGold Ashanti, the world’s third-largest and Africa’s top gold miner, on Thursday posted better-than-than expected second-quarter earnings.
AngloGold Ashanti said on Wednesday it had secured a $1-billion credit facility to replace a previous one due to mature in December 2010.
AngloGold Ashanti says that operations at its Iduapriem mine in Ghana would resume in April after completing a temporary storage unit for tailings.
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/ 24 February 2010
Former South African Reserve Bank governor Tito Mboweni has been appointed the new chairperson of AngloGold Ashanti.
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/ 2 November 2009
AngloGold Ashanti, the world’s number three gold producer, on Monday reported an adjusted headline loss for the third quarter.
AngloGold Ashanti said on Wednesday it has formed a strategic alliance with Thani Dubai Mining.
AngloGold Ashanti, the world’s number three producer, posted improved earnings for the first quarter of this year on the back of a higher gold price.
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/ 18 February 2009
AngloGold Ashanti will sell its Tau Lekoa mine as well as the adjacent Edgenoeg and Weltevreden project areas to smaller miner Simmer & Jack mines.
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/ 9 February 2009
AngloGold Ashanti, the world’s number three and top African gold producer, reported a fourth-quarter adjusted headline loss per share of 5 US cents.
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/ 30 October 2008
AngloGold Ashanti on Thursday posted an adjusted headline earnings per share loss of 34 United States cents for the September quarter.