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AngloGold to axe 2,000 top jobs as metal price falls

Cecilia Jamasmie | August 07, 2013 | 5:17 pm Precious Metals Africa Europe Gold 

AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world’s No. 3 gold producer, will cut close to 2,000 management jobs, or about 40% of its management positions, to reduce costs, its new CEO Srinivasan Venkatakrishnan said on Wednesday. The South African miner, which posted a $2.2bn...

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