AngloGold Ashanti Mining News

South African unions sign wage deal with AngloGold Ashanti

Three-year wage deal may inch the country's gold industry a closer to ending a standoff over pay.

Congo will declare cobalt and other minerals as "strategic" in coming days – mines minister

The government considers minerals with the "strategic" designation important for the economic, social and industrial future of the country.

AngloGold's Guinea mine resumes operations after one-day strike

Operations have resumed at AngloGold Ashanti's Siguiri gold mine in Guinea

Acacia Mining searches for chairman as Dushnisky leaves for AngloGold

Kelvin Dushnisky, who leaves Acacia and its parent company Barrick, assumes as South Africa’s AngloGold Ashanti (JSE:ANG) new boss next week.

South African gold sector wage negotiations deadlock – union

Wage negotiations in the gold sector are at a deadlock and the South Africa's National Union of Mineworkers (NUM) has declared a dispute, a move that is one step short of a strike.

AngloGold swings back to profit days before new boss takes helm

The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs.

Barrick’s Dushnisky quits, becomes AngloGold new CEO

Dushnisky will join AngloGold in September, ending the search to replace Srinivasan Venkatakrishnan, who left the world’s third-biggest gold miner in April to run India’s Vedanta.

AngloGold Chairman warns South Africa on ‘reckless’ mining rules

The latest Mining Charter doesn’t provide solutions to the industry’s challenges and will make it difficult for companies to buy and sell assets.

South Africa gold producers offer single-digit hikes — document

Producers have been giving above-inflation wage hikes for years, adding to the cost burden of an industry that has been battling in the face of depressed prices, labour unrest and soaring power bills.

Ghana OKs AngloGold plan to reopen mine that battled illegal miners

The country's environmental protection agency has issued permits for AngloGold's Obuasi mine, paving the way for its redevelopment.

Gold street is where South Africa’s mining history goes to die

Additional cuts are to come across mines and towns in South Africa, once the world’s biggest producer of gold.

Brazilian President changes decades-old mining laws to lure investment, protect environment

The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.

Brazil’s President to change mining regulations as early as next week

Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.

Congo mining regulations to be signed into law on Friday — mines minister

Congo's prime minister wants to immediately implement the new mining code without any concessions to industry demands that key provisions be amended.

Paulson nears launch of investor alliance to shake up gold sector -sources

The Shareholders Gold Council (SGC), expected to be launched as early as June, will have more than a dozen investors.

Agarwal wants to build Indian commodity giant to rival majors

Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights like Australia, China or even the U.K.

AngloGold Ashanti to axe 2,000 jobs as it shrinks footprint in South Africa

The company’s remaining South African assets are the Mponeng underground gold mine, and a surface operation.

AngloGold upbeat on Africa even as mine uncertainty persists

The company is mired in disputes with the governments of Tanzania and the Democratic Republic of Congo over law changes that raise taxes in the countries.

S. Africa gold miners, workers reach settlement in historic silicosis case

The parties said they believed an out-of-court settlement was far preferable for all concerned than an inevitably lengthy and expensive litigation process .

S.Africa gold miners to sign silicosis lawsuit settlement this week

Most claimants are black miners from South Africa and neighbouring countries such as Lesotho, whom critics say were not provided with adequate protection during and even after the Apartheid ended in 1994.

South Africa black ownership to roll out in May

Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa’s mining sector was to finalize revised plans for black ownership in the industry in the coming weeks.

Mali says negotiating mining code revision but could act unilaterally

Mali's government is negotiating with mining companies to draft a new mining code but will move to implement a new law unilaterally if no compromise is reached, the West African country's economy minister said. Many […]

S.Africa gold miners' silicosis lawsuit settlement expected within six weeks

The suit was launched around six years ago on behalf of miners suffering from silicosis, contracted by inhaling silica dust in gold mines.

South Africa's AngloGold backs Randgold's negotiations with Congo govt

Mining companies operating in the country vigorously oppose new code to be signed into law.

The world's top 10 largest gold mining companies – 2017

Rough year shuffles ranks of global gold mining giants as Freeport makes a comeback – 2018 forecasts point to another tumultuous year.