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Srinivasan Venkatakrishnan

Mboweni stepping down as AngloGold chairperson

Gold miner AngloGold Ashanti on Monday announced that its chairperson Tito Mboweni had stepped down and would not stand for re-election as nonexecutive director at the company’s annual general meeting in May, owing to his increasing portfolio...
17th February 2014


Cash inflow into AngloGold Ashanti from operations rose 128% in the three months to September 30 to $319-million as a result of a feisty management focus, which saw 12% more gold produced and costs fall by 10%. Two brand new mines in Australia and...
15th November 2013

Resources Watch Video Available

Resources Watch This week: Kumba and ArcelorMittal sign an 'holistic' iron-ore pricing deal following years of dispute. An exciting new AngloGold Ashanti technology produces its first gold. And Mark Cutifani says mining benefits 8 in 10 South Africans.
14th November 2013

Exciting new AngloGold Ashanti technology produces first gold Video Available

Srinivasan Venkatakrishnan (Venkat)  The exciting new South African gold-mining technology that has the potential to change the face of South Africa’s struggling precious metals mining business, has produced its first gold. AngloGold Ashanti, South Africa’s biggest gold mining...
6th November 2013

AngloGold share price sharply up on lauded Q3 results

The price of the shares of South African gold major AngloGold Ashanti rose sharply on Wednesday after the company posted a strong set of results for the third quarter (Q3), which saw earnings rise on a 12% production increase and a 10% drop in...
6th November 2013
Company Announcement

AngloGold’s Tropicana Produces First Gold Ahead of Schedule and on Budget PDF Available

AngloGold Ashanti is pleased to announce that the Tropicana Gold Mine in Western Australia began production today ahead of schedule and within budget, adding new ounces at below the company’s current average cost structure and so improving the...
26th September 2013


New AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) is seen telling the media of the revenue and cost-cutting levers he will be pulling in the next 18 months. Revenue will be leveraged by 550 000 oz of new gold from the Tropicana project...
16th August 2013

Resources Watch Video Available

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: Robots have the potential to counteract squeezed mining margins, says the CSIR. Extortion...
15th August 2013

Revenue-boosting gold projects in the money in the nick of time

AngloGold Ashanti CEO Srinivasan Venkatakrishnan Two revenue-boosting gold projects are in the money for AngloGold Ashanti in the nick of time. Just when the gold-mining industry is seeing capital-expenditure blowouts, South Africa’s biggest gold producer will be cheering in 600 000 oz of...
8th August 2013

New technology safely mines ‘all gold, only gold, all the time’ Video Available

AngloGold Ashanti CEO Srinivasan Venkatakrishnan Interest in AngloGold Ashanti’s new “game-changing” technology, which safely mines “all of the gold, only the gold, all the time”, is now being shown by the company’s gold-mining and platinum-mining peers, the company’s new CEO...
7th August 2013

Mining giant executive director retires

Mining giant AngloGold Ashanti reports that Tony O’Neill, who served as an executive director on the company’s board of directors, has taken early retirement, also relinquishing his position at the company as business and technical development...
2nd August 2013

Adapting AngloGold organising series of investor meetings

South African gold major AngloGold Ashanti, which is trimming its sails to adapt to the storm engulfing the gold sector, has mandated three banks to organise a series of investor meetings. The JSE- and NYSE-listed gold company has instructed...
16th July 2013
Topic Multimedia
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