AngloGold Ashanti Mining News

AngloGold to pour first gold at Obuasi mine by year end

The miner has completed the first week of underground development blasting at its Obuasi mine, in Ghana.

AngloGold soil study in Colombia halted pending review after mining ban

The company was not carrying out mining exploration at the site.

Orinoco Gold and AngloGold Ashanti start working on JV in Brazil

The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.

Ghana pledges no repeat of incursions at AngloGold mine

“The sequence of events that led to the closure of the mine will not recur under the watch of this government.”

Gold Fields dismisses AngloGold merger report

Bloomberg speculated two South African firms could combine to create 6 million ounce per year producer as merger fever grips the gold mining industry.

AngloGold faces South African dilemma as M&A gold rush quickens

AngloGold is considering hiving off its South African operations and listing in London or Toronto.

AngloGold Ashanti’s Tropicana gold mine can go underground — study

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group's Tropicana operation.

Miners operating in Colombia accused of forcing people off their land

According to Forjando Futuros foundation, the forced displacement was ordered by the companies but executed by either the National Army or the guerrilla.

Mali's first independent power project to start up next week

Full operation begins October 31.

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.