HOT TOPICS
ARTICLES RELATING TO ANGLOGOLD ASHANTI

How not to close a mine

2017-07-16 06:00

Unemployment, service delivery issues and overcrowding plague settlements near closed mines.

AngloGold 'notes' new Tanzanian mining laws

2017-07-05 17:52

AngloGold Ashanti says it notes that the Tanzanian Parliament has approved legislation that will enable its government to renegotiate contracts with mining and energy companies.

SA gold mines are on the brink of death

2017-07-02 06:01

AngloGold Ashanti’s announcement that it will close two mines and retrench 8 500 workers is only the first of many large-scale job cuts that were predicted in 2007.

Zwane warns AngloGold about job cuts

2017-06-30 19:32

The information provided by AngloGold Ashanti for contemplating retrenchments of over 8 000 workers must be verified, says Mineral Resources Minister Mosebenzi Zwane.

AngloGold profit drops after SA cost blowout

2017-05-08 10:26

AngloGold Ashanti says earnings have declined after costs surged 44% at its South African operations, which made their first loss since 2012.

AngloGold's focus on profit margins paying off - CEO

2017-02-07 19:17

AngloGold's focus on improving profit margins regardless of the lower metal price environment has paid off, as is evident from the company’s positive cash flow, says its CEO.

AngloGold puts mine spending over M&A deals as profits rebound

2017-01-23 10:18

AngloGold Ashanti plans to focus on extracting more metal out of its existing mines, rather than using deals to expand.

ANC Women's League accuses Pityana of state capture

2016-10-07 14:43

The ANC Women's League has accused AngloGold Ashanti chairperson Sipho Pityana of state capture and trying to affect a coup d'état through monopoly capital.

Market-beating SA fund gains 110% on gold revival

2016-08-22 16:50

Old Mutual's Meryl Pick’s Gold Fund has gained 110% this year, beating the average 2.6% across South African investments tracked by Bloomberg.

Mining industry supports unclaimed benefits efforts - lung disease group

2016-07-25 19:25

The Occupational Lung Disease Working Group says it actively supports national departments to ensure former mineworkers can claim all their benefits.

 

NUM to fight jobs bloodbath at AngloGold

2017-07-05 18:32

Planned retrenchments, that could see 8 500 workers lose their jobs, by AngloGold Ashanti will create ghost towns, says the National Union of Mineworkers.

Moody's upbeat about European, Middle Eastern and African mines' cash position

2017-07-02 12:06

A recovery in metal prices, deep cost-cutting measures and stricter financial discipline have had a positive effect the balance sheets and cash flows of high-yield miners in Europe, the Middle East and Africa (EMEA), says a Moody's report.

AngloGold job cuts may be tip of iceberg

2017-07-02 06:01

AngloGold Ashanti’s closure of two mines and potential retrenchment of 8 500 workers could be only the beginning of a new period of contraction in the 130-year-old industry.

ALERT: Charter warning as AngloGold starts retrenching 8 500 workers

2017-06-28 14:46

AngloGold Ashanti is embarking on retrenchments that could see 8 500 workers lose their jobs, a move seen as the first of many to hit the industry as a consequence of the Mining Charter.

Mining firms told to put safety above output

2017-02-09 13:36

Mining companies globally have a responsibility to make sure increased productivity doesn’t increase fatalities and accidents, says an industry expert.

Zwane up in arms over R26m claim

2017-01-29 06:00

Sibanye Resources’ decision to sue government officials for an allegedly unwarranted safety shutdown is sparking a new feud in a sector infamous for straining business-government relations.

AngloGold Ashanti shows strong cash recovery in Q3

2016-11-14 11:12

In the third quarter of 2016, AngloGold Ashanti's cash inflow from operating activities was 59% up on the same quarter in 2015.

Piet Olivier: Why Anglogold’s Sipho Pityana has not committed treason

2016-09-23 15:15

Legal researcher Piet Olivier explains in three simple steps why Jimmy Manyi's trumped-up charges against Anglogold Ashanti chair Sipho Pityana hold no merit.

AngloGold profit more than doubles

2016-08-15 08:31

AngloGold Ashanti has said first-half profit more than doubled as a higher gold price boosted revenue and a weaker rand relative to last year lowered costs.

AngloGold plans to buy back $475m of high-yield bonds

2016-06-28 13:10

AngloGold Ashanti says it plans to redeem about $475m outstanding on a $1.25bn high-yield bond that was issued in 2013.

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.