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Resources Watch

23rd May 2013

By: Creamer Media Reporter

  

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
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.

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.

AngloGold Ashanti CEO Srinivasan Venkatakrishnan

The dynamics of the mining industry are changing, with big no longer necessarily being the best way on a go-forward basis, says Auroch Minerals MD Dean Cunningham.

Auroch Minerals MD Dean Cunningham

The Chamber of Mines states that it’s not making the desired progress with noise-induced hearing loss (or NIHL), which is a major occupational health concern, as it finds that NIHL rates across the mining industry have stabilised.

CoM South Africa Head of Health Dr Thuthula Balfour-Kaipa

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Edited by Shannon de Ryhove
Contributing Editor

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