SA gold mines get stable outlook from S&P's

2016-04-25 19:40

Standard & Poor's has revised their outlook from negative to stable for miners AngloGold Ashanti and Gold Fields.

AngloGold: New mine partner requires investment deal

2016-02-10 15:30

AngloGold Ashanti says it will not look for a new joint venture partner for its Obuasi mine in Ghana until it has an investment agreement with the government.

Safety stoppages hamper AngloGold operations

2015-11-09 14:47

Regulatory safety stoppages have hampered production at some of AngloGold Ashanti's South African mines, overshadowing good performance at certain operations.

Civil war is no barrier for risk-takers in Africa gold boom

2015-10-27 07:00

IN DEPTH: Africa's mining potential has been tarnished by the SA view, but mining companies have found ways to milk the gold rush no matter the stability of the region.

Sun sets on gold as AngloGold close to exiting Top 40

2015-10-06 10:15

The JSE is close to relegating AngloGold in its Top 40 index, the latest sign of the precious metal losing its place in an economy it once dominated.

AngloGold mulls harvesting mines as gold price sinks

2015-08-17 10:53

Africa's top bullion producer, AngloGold Ashanti, could begin "harvesting" some of its mines if the gold price sinks below $1 000 an ounce, says its chief executive.

Gold firms to meet Amcu over membership dispute

2015-07-15 15:05

The Chamber of Mines hopes to resolve a disagreement over membership figures in a meeting with Amcu, a pivotal sticking point in wage talks.

AngloGold: Wage, power hikes threaten gold sector

2015-05-11 17:17

AngloGold Ashanti says steep wage demands and rising power costs could turn South Africa's once thriving gold sector into a "sunset" industry.

Congo copper and gold production jumps in Q1

2015-05-10 12:30

The Democratic Republic of Congo's central bank says copper and gold production have risen sharply in the first quarter of 2015.

AngloGold falls into loss in Q4

2015-02-23 09:36

AngloGold Ashanti fell into a loss in its fourth quarter as a result of layoffs and restructuring at its key Ghana operation and accounting adjustments.


AngloGold concerned over Ghana mine looting

2016-04-13 14:38

AngloGold Ashanti says it has "grave and mounting concerns" about illegal mining at its Obuasi mine in Ghana.

Randgold pulls out of Ghana joint venture deal

2015-12-21 11:03

Randgold Resources has informed AngloGold Ashanti that it wishes to terminate an agreement for a joint venture to redevelop the Obuasi mine in Ghana.

AngloGold posts loss on metal price slump

2015-11-09 08:41

AngloGold Ashanti, the world’s third-largest miner of the metal, has reported a quarterly loss after the metal’s price dropped and production declined.

Amcu votes to strike in gold sector

2015-10-11 18:30

Amcu mine workers have voted to down tools at the operations of AngloGold Ashanti, Harmony Gold and Sibanye Gold, says union leader leader Joseph Mathunjwa.

Strike would have cost AngloGold dearly - expert

2015-10-05 18:54

A month-long strike action at AngloGold Ashanti's South African mines would have cost the company about R679m of Ebitda, according to a Moody's analyst.

SA's biggest gold union said to reject pay offer

2015-08-05 08:08

Members of the National Union of Mineworkers have been rejecting a final deal tabled in wage negotiations, according to a person familiar with the discussions.

AngloGold's Colorado mine sold for $820m

2015-06-09 07:41

Newmont Mining, the largest US gold producer, has agreed to buy the Cripple Creek & Victor mine in Colorado from AngloGold Ashanti for $820m.

AngloGold swings to profit

2015-05-11 06:42

AngloGold Ashanti, the world’s fourth-biggest gold producer, has swung to a profit in the first quarter as production beat the company’s guidance and costs fell.

Xenophobic attacks a big worry for business

2015-04-22 07:52

A business body has called for more proactive efforts to deter xenophobia, as blue chip businesses voiced strong condemnation of violence against foreigners.

AngloGold Ashanti plans to cut jobs

2014-11-11 13:15

AngloGold Ashanti is planning to cut staff through voluntary severance packages as the bullion producer feels the pinch of lower gold prices and rising costs.

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