A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
The mining company reported zero fatalities in 2019 – a first in its history.
The announcement by AngloGold Ashanti that it is reviewing the possible sale of its remaining mining operations in SA prejudices job security, claims a union.
AngloGold Ashanti has concluded a wage agreement with AMCU, UASA and Solidarity for a three-year period.
Gold producers have tabled a new set of three-year wage offers for unions to "carefully consider" saying the sector is facing a difficult business climate.
Mining unions have received notices from AngloGold Ashanti for the retrenchment of 2 000 workers in all job categories and levels.
AngloGold Ashanti CEO Srinivasan Venkatakrishnan is leaving the company after 18 years to become chief executive of Vedanta Resources.
Two miners have been confirmed dead following a rockfall at a mine near Carletonville.
The JSE weakened on Thursday, in line with global markets, as global financial institutions recalled the 30th anniversary of 'Black Monday'.
It did not name the potential buyer, not give any indication of what price it would ask for the mine.
A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.
The mining group is pivoting toward the Americas to develop more profitable assets.
AngloGold Ashanti’s new CEO says the world's third-largest gold producer will unlock value by focusing on its best assets and selling those that aren’t core to the business.
AngloGold Ashanti has swung to a first-half profit after costs declined and output rose as the gold producer prepares for a change in leadership.
AngloGold Ashanti says it returned to profit in the first half after the producer of the metal realised better prices for its output and it exited some South African operations.
Lawyers say it would be difficult to quantify the exact number of possible claimants to be covered in the R5bn silicosis settlement, and that the majority of them are living in poverty.
AngloGold Ashanti has confirmed that two miners who remained trapped underground following a rockfall at a mine near Carletonville earlier have been rescued.
Three miners are trapped and one has died after a rockfall at an AngloGold Ashanti mine near Carltonville.
The National Union of Mineworkers and AngloGold Ashanti have reached an agreement to pay Kopanang mine workers retrenchment packages before the company finalises the sale of the mine.
Share analyst Kirk Swart looks at shares that are making significant moves on the Johannesburg's Stock Exchange in this week's share watch.
The black-owned consortium is reportedly ready to offer R330m for an ageing mine in North West as AngloGold institutes retrenchments.
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Cape TownTumaini ConsultingR720 000.00 - R960 000.00 Per Year
Western CapePlacement Point (Pty) Ltd
Apartments / Flats
R 1 750 000
R 5 750 000
R 3 300 000
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