Anglogold
latest news & developments
It’s NUM vs NUM as leadership scuffle hits branches
Mines in the North West have become contested ground for National Union of Mineworkers.
Mine bosses descend on Cape Town, but leave chequebooks at home
About 6 000 attendees were expected at the Mining Indaba, which started on Monday. But investors are wary – South Africa’s past is catching up.
AngloGold demands Standard & Poor promote it from junk status
The company chief exec says its bond rating should be upped on a ccount of good behaviour but the agency says nothing has happened to change its mind.
AngloGold plans job cuts in Ghana as gold price falls
AngloGold plans to lay off 2 000 jobs in Ghana by next June, say trade unions.
Labour unrest: Worker stabbed at AngloGold
Small groups of workers have stopped miners at two AngloGold mines from reporting for duty and a miner is in a critical condition after being stabbed.
Class action for silicosis payout tarnishes gold industry
As the case against Anglo American SA in the UK unfolds, local lawyers are calling for the setting up of a compensation fund.
Rural idyll belies life of silent suffering
Mtobeli Elson Vapi is only 52 and treading lightly is about as much activity as his body can handle.
AngloGold to resume output at Ghana mine in April
AngloGold Ashanti says that operations at its Iduapriem mine in Ghana would resume in April after completing a temporary storage unit for tailings.
AngloGold swings to fourth-quarter profit
AngloGold Ashanti posted fourth-quarter adjusted headline earnings per share of 62 US cents, from a third-quarter loss.
SA’s AngloGold acquires US miner
South African gold producer AngloGold Ashanti said on Tuesday it had finalised its 100% acquisition of United States gold miner Golden Cycle.
Erwin: No clear link between power crisis and job cuts
It is unclear whether proposed job cuts in the mining industry are caused by power cuts and electricity rationing, or other factors, Public Enterprises Minister Alec Erwin said…
SA mines still halted by power crisis
The world’s third-biggest gold producer said on Tuesday it had restarted production at one of its mines, although a power shortage that has curbed output from South Africa’s…
SA mines shut down as power crisis worsens
South African gold producers and the world’s biggest platinum miner suspended production at all their mines in the country on Friday due to a power crisis, helping send precious…
AngloGold shuts mine after worker killed
AngloGold Ashanti shut one of its larger mines in South Africa on Friday after a miner was killed in a rockfall as a miners’ strike to protest against the spate of mine deaths in…
JSE sideways on profit-taking
The JSE was slightly negative by midday on Friday, as profit-taking among platinum stocks led the bourse to give up some of its earlier gains. By noon on the JSE, the all-share…