R/€ = 14.58 Change: -0.01
R/$ = 12.43 Change: 0.02
Au 1305.83 $/oz Change: 13.03
Pt 912.00 $/oz Change: 8.49


AngloGold cuts ribbon on new Western Australia gold mine

By: Esmarie Swanepoel     6th March 2014 Gold miner AngloGold Ashanti and its joint venture (JV) partner Independence Group on Thursday officially opened the Tropicana gold mine, in Western Australia. Executive VP of AngloGold Ashanti’s group planning and technical division, Graham Ehm, said the eight-million ounce mine was on track to... 

New mechanisation achieving more success – AngloGold 

By: Martin Creamer     19th February 2014 The demonstrably successful new AngloGold Ashanti gold-mining technology has produced 40 kg of gold from ore with enormously valuable gold grades of more than 200 g of gold for every ton mined. The South African Technology, as it has been called, has so far mined only in no-go areas, which have... 

AngloGold grows production, cuts costs, records best safety

By: Martin Creamer     19th February 2014 South African gold major AngloGold Ashanti has had an outstanding 2013 recording production growth for the first time in a decade, cutting all-in sustaining costs and achieving the best safety in its history. The JSE- and NYSE-listed gold company took yearly output to 4.105-million ounces at an... 

Pan African cautions stakeholders on reported Navachab offer

By: Natalie Greve     18th October 2013 Africa-focused precious metals producer Pan African Resources on Friday said that, while it is a participant in the disposal process by AngloGold Ashanti of its Namibia-based Navachab mine, this does not mean that it will acquire the operation. “Shareholders are advised that Pan African is not at... 

Resources Watch 

By: Creamer Media Reporter      23rd May 2013 AngloGold Ashanti could cut $500-million in costs. The dynamics of the mining industry are changing, says Auroch Minerals. And, the Chamber of Mines admits that noise-induced hearing loss is worrying. 

AngloGold Ashanti to cut $500m costs, sell Navachab, suspend Mongbwalu 

By: Martin Creamer     13th May 2013 Gold major AngloGold Ashanti is to remove $500-million of operating costs, seek to dispose of Navachab mine before year-end and dress up another mine for a possible further asset sale this year. New AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat), who is confident of weathering the... 


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