Gold Fields shuns SA exit on South Deep turnaround

2020-02-14 09:56

Gold Fields won’t be rushing to join AngloGold Ashanti in exiting the country after its last mine in SA returned to profit last year.

AngloGold seals SA exit with R4.4 billion asset sale to Harmony Gold

2020-02-12 09:29

The producer is focussing on more profitable mines in Ghana, Australia and the Americas.

TECHNICAL ANALYSIS: AngloGold shares show upturn potential as gold shares still in focus

2019-07-12 12:48

Leading gold producer AngloGold is pausing in the short-term before potentially renewing its uptrend. Its share price still has large upside potential.

Race for AngloGold assets may pit Sibanye against rival Harmony

2019-05-10 09:58

Sibanye Gold faces competition from two rivals if it wants to buy South African gold mining assets that AngloGold Ashanti plans to sell.

AngloGold to comply with mining rights directive

2019-04-01 05:01

AngloGold Ashanti is complying with an order from the Department of Mineral Resources to amend its mining rights to reflect black economic empowerment.

An Indian billionaire just poached AngloGold’s CEO. Here’s how it can help him take control of Anglo American.

2018-04-16 15:32

AngloGold Ashanti has lost its CEO to the Indian mining company Vedanta.

Restructuring to save AngloGold’s SA business - report

2017-08-23 13:50

For the remainder of the year, AngloGold Ashanti will be focusing on its restructuring strategy, which will cost 8 500 miners their jobs.

Mines make room for silicosis settlements

2017-07-30 11:22

It is unclear how exactly multinational mining giant Anglo American came to the $101m “best estimate” it announced this week for settling its liability in the now 13-year-old legal battle to compensate mine workers suffering from lung diseases.

AngloGold job cuts prelude to further job losses

2017-07-08 06:00

AngloGold’s move to cut thousands of jobs could be part of the next wave of job losses in the mining sector. Since 2012, the local mining sector has shed more than 70 000 workers.

Govt takes swipe at gold miners over stoppages

2017-01-27 09:07

The Department of Mineral Resources has accused Sibanye Gold and AngloGold Ashanti of putting workers’ lives at risk in an ongoing dispute over safety stoppages.


AngloGold leaves SA - more than 100 years after the Oppenheimer empire was founded in local gold mining

2020-02-12 17:17

Other large multinational companies are exiting the country due to load shedding and regulatory uncertainty.

AngloGold picks Harmony to buy SA assets

2020-02-11 10:04

AngloGold Ashanti picked Harmony Gold Mining as the buyer for its last remaining South African operations, according to people familiar with the matter.

SA loses African gold crown to Ghana

2019-06-10 05:00

South Africa, which led global gold production for a century and extracted about half the bullion ever mined, is now Africa’s second-largest gold producer.

AngloGold to review sale options for SA business

2019-05-09 07:59

AngloGold Ashanti say it’s reviewing options to sell its South African business, including Mponeng - its last underground mine in the country.

AngloGold faces South African dilemma

2019-01-20 17:43

Two decades ago, Anglo American created the world’s No. 1 gold miner by merging its South African assets. Having long since been eclipsed by its rivals, AngloGold Ashanti may need to leave home to keep up.

Harmony most likely buyer of AngloGold’s Kopanang

2017-09-17 06:00

With two of the three initial bidders for AngloGold Ashanti’s Kopanang mine having received letters of rejection, the door seems wide open for deep-pocketed Harmony Gold to win.

Retrenching 8 500 SA workers will cost AngloGold R625m

2017-08-01 14:52

AngloGold Ashanti expects to make a half-year loss of up to R1.3bn, partly as a result of the R625m once-off non-cash provisions it has set aside for the retrenchment of about 8 500 workers.

Broken promises from AngloGold signal darker days ahead

2017-07-09 06:00

When AngloGold announced that it would be shutting down its 4 000-worker-strong Kopanang mine in the Matlosana municipality, fear swept through the surrounding communities.

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.

Zuma’s acolytes or Sipho Pityana – who do you think New Yorkers will believe?

2016-10-10 09:41

Zuma’s people seem to think people swallow slogans if they're repeated often enough - but given Joburg’s reaction to Pityana, it seems obvious who New Yorkers will believe.

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