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.

AGA miner killed in ground fall

2014-11-08 22:32

A miner has been killed in an underground accident at Mponeng Mine in Carletonville, AngloGold Ashanti says.

SA seeks to revamp disused gold mines

2014-10-16 21:56

The once massive gold mining industry has been shrinking for years, leaving billions of rands of plants, worker housing and pipelines at risk of demolition.

AngloGold Ashanti pulls plug on demerger

2014-09-15 15:00

AngloGold Ashanti has pulled the plug on its plan to spin off its global operations into a new London-listed company and seek a rights issue.

AngloGold reports smaller loss

2014-08-11 11:10

AngloGold Ashanti has reported a narrower loss for the second quarter, after reporting that miners are resuming operations in their quake-hit mines.

Firms respond to Ebola threat

2014-08-08 20:30

None of the companies mining, drilling and exploring in west Africa have reported cases of Ebola, but several have preventative measures in place.


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.

AngloGold Ashanti production up

2014-11-03 18:11

AngloGold Ashanti's production increased has 8% year-on-year for the third quarter of 2014.

SABMiller, AngloGold pull JSE higher

2014-09-15 18:14

Shares have climbed after heavyweights such SABMiller and AngloGold Ashanti helped prop up an otherwise saggy market.

AngloGold UK listing to split global, SA units

2014-09-10 10:43

AngloGold Ashanti is restructuring its mining and exploration operations outside South Africa under a new UK-based company.

Ebola: ArcelorMittal issues force majeure

2014-08-08 23:18

ArcelorMittal has declared force majeure over Ebola and mining firms are acting swiftly, while production ticks over in West Africa's iron ore and gold fields.

Randgold Resources output at Kibali mine stems

2014-08-07 12:45

Randgold Resources says it has produced less gold at its Kibali mine in the Democratic Republic of Congo in the second quarter.

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