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

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...

Navachab mine, Namibia

An openpit mine, situated in Namibia.

Plight of near-mine communities highlighted at Joburg conference

The plight of near mine communities in the Southern African region was highlighted recently at the annual Southern African Resource Watch conference held in Johannesburg.

Namibia still offers good exploration potential

Global investment inmining in Africa is looking towards destinations such as West Africa, Tanzania and, naturally, the relatively untapped wealth of the Democratic Republic of the Congo. While these countries offer exciting opportunities for those...

Namibia still offers good exploration potential

Global investment in mining in Africa is looking towards destinations such as West Africa, Tanzania and, naturally, the relatively untapped wealth of the Democratic Republic of the Congo.

AngloGold appoints Fritz Jacobs GM of Navachab

Gold producer AngloGold announced yesterday the appointment of Fritz Jacobs as general manager of the company's Navachab Mine, in Namibia, with effect from June 1.

AngloGold mulling contract-mining option for Navachab

Despite having issued a mining pre-qualification tender for its openpit operation Navachab, near Karibib, in Namibia, gold giant AngloGold could opt to take the owner-mining route instead.

Gold-miner eyes African expansion opportunities

Gold mining giant AngloGold views the African continent as an important region of focus for company expansion, reports AngloGold head of the east and west African regions Thys Sabbagha.

Gold exploration shows promise

Leading gold-miner AngloGold says that its global greenfields and brownfields exploration programme produced encouraging results during the three months to the end of March.