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AngloGold cuts $3 billion program to dig deeper at mine already 4 kilometres down

Frik Els | November 23, 2011 | 11:30 pm Precious Metals Africa Europe Gold 

Bloomberg reports AngloGold Ashanti, the third- largest producer of the metal, is scaling back a $3 billion, 10-year programme to extend is Mponeng mine outside Johannesburg, South Africa. Mponeng is the world's deepest mine and extends about 4 km (2.5...

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