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.

Quake: Cosatu warns mines over safety

2014-08-06 10:42

Cosatu has called on mining bosses to ensure safety measures are in place before allowing miners to return to work after the 5.5 quake.

Gold mining giants shaken by quake

2014-08-05 13:30

AngloGold Ashanti, Harmony Gold, Gold Fields and Sibanye Gold have felt tremors in their headquarters, with reports of mineworkers being trapped underground.

Amcu must abide by rules - Solidarity

2014-06-23 14:56

Amcu must follow the rules, after the Labour Court made permanent an interim order preventing the union from striking in the gold mining sector, says Solidarity.

AngloGold to lay off thousands in Ghana

2014-05-25 11:05

AngloGold Ashanti will lay off thousands of workers at its Obuasi gold mine in Ghana and cease underground production for up to 24 months, says mining union leaders.

Cost cuts, higher prices boost AngloGold

2014-05-19 10:36

AngloGold Ashanti, Africa's top gold producer, has reported a rise in first-quarter earnings as it cut costs and took advantage of a higher bullion price.

AngloGold's big decline in earnings

2014-02-19 10:34

Despite an increase in production AngloGold Ashanti reports a big decline in full year earnings.

AngloGold Ashanti sells mine

2014-02-10 16:55

AngloGold Ashanti will sell its entire interest in AngloGold Ashanti Namibia in a deal for an upfront consideration based on an enterprise value of about R1.2bn.

AngloGold’s Tropicana produces first gold

2013-09-26 13:36

AngloGold Ashanti's Tropicana Gold Mine in Western Australia has begun production ahead of schedule and within budget.

Gold producers want strike action to end

2013-09-06 20:02

The Chamber of Mines SA says it is hoping that its new pay offer and the terms and conditions to mine workers will bring an end to the gold mine strike.

Gold strike can be averted - chamber

2013-08-29 23:12

The Chamber of Mines says no official notice of planned strike action in the gold mining sector has been received, adding that it wants to avoid industrial action.

Gold employers make final pay offer

2013-08-27 19:55

Gold mining companies are offering a basic wage increase from 6% to 6.5% to all labour unions within the sector, the Chamber of Mines says.

Silicosis lawsuit consolidation sought

2013-08-23 17:09

Lawyers for three separate class actions against gold mining companies have applied to the South Gauteng High Court to have the cases consolidated.

Anglo's Tropicana set for production

2013-08-01 16:03

AngloGold Ashanti says its Tropicana project in Australia has been commissioned ahead of schedule and will begin producing gold in the third quarter.

Price pinch hits SA's fading gold sector

2013-07-08 08:45

The sun is setting on an industry that has produced a third of the world's bullion but today is crushed between a toppling price and climbing costs.

Motlanthe upbeat on mine rescue talks

2013-06-14 13:20

Deputy President Kgalema Motlanthe says the government, mining houses and trade unions will leave no stone unturned in their bid to resolve problem issues.

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.


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.

Quake injures 34 AngloGold miners

2014-08-06 11:23

AngloGold Ashanti has confirmed that 3 300 miners were brought to safety, while 34 were treated with minor injuries after a 5.5 magnitude earthquake struck SA.

Earthquake: AngloGold Ashanti clears shafts

2014-08-05 17:23

Engineers are inspecting shaft infrastructure at two of AngloGold Ashanti's Vaal River mines, following an earthquake that has left seventeen employees injured.

Ashanti appoints new CFO

2014-07-07 16:49

Africa's top gold producer AngloGold Ashanti has appointed former Sasol executive, Christine Ramon, as its new CFO.

Gold mines move to crush silicosis suit

2014-06-08 17:56

Gold mining companies have filed thousands of pages of court papers to stop the historic class action by former mineworkers suffering from a lung disease.

AngloGold slashes exploration budget

2014-05-19 11:24

AngloGold Ashanti is slashing its exploration budget to focus on a few key projects and will lay off staff at its loss-making Obuasi mine in Ghana.

Harmony warns of lower gold output

2014-03-26 14:20

Harmony Gold Mining says it expects a drop of up to 25% in gold production for the quarter ended March 2014, sending its share price lower.

Mboweni leaves AngloGold Ashanti

2014-02-17 14:30

Former SA Reserve Bank governor Tito Mboweni has stepped down as chairperson of AngloGold Ashanti, the company says.

AngloGold swings back into profit

2013-11-06 09:14

Africa's top bullion produce AngloGold Ashanti is back in the black in its third quarter due to lower costs and a 12% boost in output, the company says.

Harmony warns about jobs as strike ends

2013-09-08 17:04

A gold miners' strike has ended after workers accepted the final pay offer from Harmony Gold, but CEO Graham Briggs says more labour strife will impact on jobs.

NUM set for gold sector strike

2013-09-02 16:45

The National Union of Mineworkers says its members will strike until gold mine employers revise their pay offer.

NUM mulls strike in gold sector

2013-08-29 18:29

The National Union of Mineworkers is in talks with its members about the possibility of embarking on a strike in the gold sector.

JSE surges to record close

2013-08-26 19:10

Gold and platinum indices have rallied to push the JSE to a record high.

Mali cuts gold output forecast

2013-08-14 13:46

Mali has cut its gold output forecast this year to 49 tonnes from 57 tonnes due partly to delays at Anglogold Ashanti's Sadiola joint venture, officials say.

How much is a living wage for miners?

2013-07-11 10:38

As mining sector wage talks get under way and demands for a living wage have become a battle cry, the vexing question is what figure this should be set at.

Mining deal on the cards for SA

2013-07-02 16:25

Deputy President Kgalema Motlanthe has reconvened a meeting of major players in the mining sector, where an agreement is expected to be signed, his office says.

Mining sector rescue talks commence

2013-06-14 11:15

Mining houses and trade union top officials have arrived for a meeting with Deputy President Kgalema Motlanthe in a bid to resolve problems facing the sector.

Worker dies at AngloGold mine

2013-05-27 19:17

A miner died at AngloGold Ashanti's TauTona mine, near Carletonville, on Monday, the company said.

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.

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