AngloGold Ashanti Mining News

South Africa's golden age is dead. Good riddance — opinion

The gold mining industry that built South Africa and produced about half of the yellow metal that’s ever been dug up seems now to be in terminal decline.

Race for AngloGold assets may pit Sibanye against rival Harmony

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

Still a way to go to achieve gender balance in the mining industry

According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.

Guinea transfers oversight of state mining company to Presidency

The move will hand Alpha Conde more authority over the country’s holdings in some of the world’s biggest bauxite deposits.

AngloGold to comply with South Africa mining rights directive

The world’s No. 3. gold producer may have contravened black economic empowerment rules tied to its mining rights when it awarded a 4.5 percent stake to employees instead of 6 percent.

AngloGold approves underground expansion of Tropicana mine

Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.

Mali forecasts gold production to drop 3 pct in 2019 — mines ministry

AngloGold Ashanti's joint venture Sadiola mine expects its gold output to drop by 50% this year.

South Africa mining strike to spread to at least 15 firms — Minerals Council

Firms to be affected include AngloGold Ashanti, Harmony Gold, Anglo American Platinum and Lonmin.

AngloGold's Colombia soil study cannot be halted by mayor — provincial authority

The mayor of the town of Jerico had ordered a suspension of the work in January after the council voted late last year to ban mining in the area.

How South African mines cope with power cuts

The utility gives the industry notice to reduce their power consumption by 15–20% when the national grid is at its tightest.

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.