ARTICLES RELATING TO ANGLOGOLD ASHANTI

AngloGold earnings up, output recovers

2013-05-13 09:07

AngloGold Ashanti reported a near sixfold rise in first-quarter earnings as operations recovered from a wave of illegal strikes late last year.

Mining CEOs must take a pay cut - NUM

2013-04-28 19:10

The pay packages of mining chief executives can outstrip the wages of the lowest-paid miners by 155 times and is a hot issue in labour negotiations, unions say.

Tough times ahead for mine talks

2013-04-15 20:40

Wage talks across South Africa's mining sector are expected to be among the toughest ever amid skyrocketing price hikes, worker militancy and shrinking profits.

AngloGold fourth-quarter earnings dive

2013-02-20 08:49

AngloGold Ashanti's shares fell 2.4% after a plunge in fourth quarter earnings as strikes and poor performance at one of its largest operations cut into profits.

AngloGold faces water spillage charge

2013-01-09 11:37

An environmental body alleges radioactive contamination by AngloGold Ashanti has led to cattle deaths and poses a severe health risk.

Analysts welcome Cutifani appointment

2013-01-08 10:23

Mining executive Mark Cutifani has been appointed CEO of Anglo American, taking on what analysts and investors say is one of the toughest jobs in the business.

Capitec Bank is Top Company of the Year

2012-11-16 14:47

Capitec Bank has scooped the coveted title as South Africa’s top company at the Sunday Times Top 100 Companies Awards.

CEO: Anglo operations will pick up

2012-11-08 22:00

AngloGold Ashanti CEO Mark Cutifani promised the company would turn the corner after strikes in the mining sector left it with huge losses.

AngloGold profits slump 49% on strikes

2012-11-08 09:03

Mining titan AngloGold Ashanti has seen its profits fall to $235m, amid strikes that froze production at the company's six South African mines.

Sit-in at AngloGold mines resolved

2012-11-02 13:15

AngloGold Ashanti says work at both its Mponeng and TauTona mines should resume on Sunday following the resolution of sit-ins protests over bonus payments.

Sit-in resolved at AngloGold Ashanti

2012-11-01 17:30

A sit-in at AngloGold Ashanti's Mponeng shaft in Carletonville was resolved by early afternoon, says the company.

NUM makes pay deal breakthrough

2012-10-25 11:03

The National Union of Mineworkers says it has reached a wage deal with the Chamber of Mines that raises gold miners' pay by a cumulative 11% - 20.8%.

AngloGold sacks 12 000 defiant miners

2012-10-24 18:06

AngloGold Ashanti sacked 12 000 wildcat strikers who defied a deadline to return to work, the latest company to resort to mass firings.

AngloGold miners trickle back to work

2012-10-23 13:29

Striking employees have returned to work at two AngloGold Ashanti mines and a shift has started at another where a final ultimatum had been issued.

S&P sounds warning on AngloGold

2012-10-18 07:40

Ratings agency Standard & Poor's has that warned it could downgrade AngloGold Ashanti's credit rating in light of continuing strike action.

AngloGold workers rally for mass meeting

2012-10-17 11:43

Thousands of striking mineworkers have gathered on a hill at the Mponeng mine outside Fochville in the North West to attend a meeting by AngloGold Ashanti.

NUM seeks new talks with chamber

2012-10-15 18:06

The SA Chamber of Mines should return to the negotiating table after declaring an impasse, says the National Union of Mineworkers.

Gold mining strike talks stall

2012-10-15 16:06

Individual gold mining companies will have to find new ways to end the unprotected strike in the sector after talks at the SA Chamber of Mines stalled.

Pick n Pay plummets on profits warning

2012-10-05 15:21

Pick n Pay sahares have slumped over 6% as the food retailer warned that its profit would likely be down by up to 40% due to competition and stock shortages.

Miners launch silicosis case

2012-10-04 16:19

Thirty-one former miners launched a case against AngloGold Ashanti, saying they contracted the lung disease silicosis while working in its shafts.

AngloGold 'won't pull a Marikana'

2012-10-02 07:47

AngloGold Ashanti says it will not meet its illegally striking workers' demands outside the formal bargaining structure as Lonmin did.

Amplats boss: They leave us no choice

2012-09-27 17:24

Anglo Platinum has started disciplinary action against workers, who remain unfazed despite repeated threats by the company to get tough and even fire them.

Wave of wildcat strikes whips SA

2012-09-26 19:48

A wave of wildcat action is roiling South Africa’s mines despite the end of an illegal six-week stoppage at Lonmin in which 46 people were killed.

AngloGold workers on illegal strike

2012-09-21 09:07

Workers have embarked on an illegal strike at an AngloGold Ashanti mine in Kopanang, signalling spreading labour unrest in the mining sector.

Fatality at AngloGold’s Mponeng mine

2012-08-13 12:24

Gold miner AngloGold Ashanti has announced the death of an employee at its Mponeng mine near Carletonville.

 

Mining stocks shine after sell-off

2013-04-19 12:07

The JSE mining index gained more than 2% as mining companies rebounded after a week-long sell off.

Power outage costs miners R481m

2013-03-19 10:21

A lightning strike at an Eskom substation forced AngloGold Ashanti and Sibanye Gold to close large operations, causing a R481m loss.

Silicosis suit could crush gold mines

2013-01-27 11:47

The class action suit by former gold miners suffering from a lung disease could be the final nail in the coffin of the battered mining sector, experts warn.

AngloGold embarks on CEO search

2013-01-08 10:33

AngloGold Ashanti has initiated a search for a new chief executive officer of the company following the resignation of Mark Cutifani will be heading Anglo American.

Anglo's Cutifani to head Anglo American

2013-01-08 08:31

AngloGold Ashanti CEO Mark Cutifani is stepping down to take over as the head of global mining firm Anglo American, the gold producer says.

AngloGold back at full steam

2012-11-14 20:14

Workers at AngloGold Ashanti's Mponeng mine have ended their illegal strike, bringing all the firm's six operations into full production after weeks of stoppages, the company says.

AngloGold reviews mines as strikes bite

2012-11-08 14:15

Anglo Gold Ashanti cut its dividend and warned of restructuring at its SA operations after weeks of wildcat strikes wiped out $400m in output.

AngloGold miners return to work

2012-11-05 10:55

Striking miners at two AngloGold Ashanti mines have returned to work after operations were suspended last week after a pay dispute.

AngloGold suspends ops due to sit-in

2012-11-02 08:59

AngloGold Ashanti, the world’s third-largest gold producer, has suspended operations at its TauTona mine due to a worker sit-in protest over a bonus payment.

AngloGold resumes ops as workers return

2012-10-26 09:52

AngloGold Ashanti says workers at its West Wits operations have returned to work, bringing the curtain down on SA's worst industrial unrest since apartheid.

AngloGold dismissal procedure begins

2012-10-25 07:51

AngloGold Ashanti says it will start dismissal procedures against 12 000 workers who failed to report for duty by its deadline.

Chamber set for gold sector talks

2012-10-24 17:00

Gold mining companies and trade unions will meet at the Chamber of Mines about labour turbulence in the mining sector.

AngloGold issues ultimatum

2012-10-22 20:07

Strikers at AngloGold Ashanti have until noon on Wednesday to return to work or risk being dismissed, says the company.

AngloGold mulling strike ultimatum

2012-10-17 20:45

AngloGold Ashanti could make a decision next week on whether to follow other miners and issue workers with an ultimatum, says its chief executive.

Gold Fields: Workers returning

2012-10-16 16:21

Up to 70% of the workforce at Gold Fields' Beatrix one, two and three shafts have started returning to work, says the company spokesperson.

Mine labour strife continues

2012-10-15 18:06

Several wildcat strikes in the mining sector continue, with companies taking a firmer stance by firing workers or abandoning talks to end labour disputes.

Unions to give feedback soon

2012-10-10 20:30

It will be revealed whether gold sector mineworkers have accepted pay structure proposals of the Chamber of Mines, says the NUM.

AngloGold miners demand R18 500 salary

2012-10-05 12:25

Hundreds of striking mineworkers have gathered on a hilltop at an informal settlement outside Fochville, North West, demanding a monthly salary of R18 500.

AngloGold mines at a standstill

2012-10-02 11:39

AngloGold Ashanti's mining operations remain at a standstill as an illegal strike continues, the company says.

AngloGold warns of closures, job cuts

2012-10-01 16:38

Certain mines will be closed and miners may lose their jobs if unprotected strikes across AngloGold Ashanti mines continue, warns the company.

Strikes shut down 40% of SA gold

2012-09-27 10:30

The strike contagion in SA's gold industry has resulted in a loss of nearly 40% of productive gold capacity, a development an analyst calls "catastrophic".

AngloGold illegal strike spreads

2012-09-26 07:48

Gold miner AngloGold Ashanti says an illegal strike has spread throughout its operations and the majority of its 35 000 workers are now on strike.

Gold miners slapped with lawsuit

2012-08-21 10:21

First papers have been filed in a potential class action suit against SA gold mining firms, on behalf of thousands of workers who contracted a lung disease.

AngloGold earnings slump 41%

2012-08-06 08:45

The world's third-largest gold producer Anglo Gold Ashanti has reported a 41% fall in second-quarter earnings, despite a surprising rise in output.

 
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