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Srinivasan Venkatakrishnan
 
Gold

Gold miner increases production, cuts costs

CRIPPLE CREEK & VICTOR MINE
AngloGold Ashanti continues to invest in its US-based gold mine
Gold mining major AngloGold Ashanti increased production by 17% and decreased production costs by 22% in the first quarter of this year, according to a press statement that also revealed the company’s adjusted headline earnings to be...
1st August 2014
 
Diversified Miners

Mining Lekgotla celebrates achievements, tackles challenges

MINING FOCUS
The Mining Lekgotla is accessible to all industry players, including the youth and the mining communities
The 2014 Mining Lekgotla, which dovetails with the 20-year celebration of the advent of democracy in South Africa, will celebrate the mining industry’s contribution to South Africa’s economy since 1994, says strategic support and advisory...
1st August 2014
 
Company Announcement

AngloGold Ashanti Appoints Christine Ramon as Incoming CFO PDF Available

AngloGold Ashanti is pleased to announce Christine Ramon will be taking the post of Chief Financial Officer and Executive Director of the Board, from October 1, 2014. She will replace Richard Duffy, who will then step down from both the Board and...
7th July 2014
 
APPOINTMENTS

AngloGold appoints Ramon CFO

Gold miner AngloGold Ashanti has appointed former Sasol CFO Christine Ramon as its CFO with effect from October 1. Ramon would succeed outgoing CFO Richard Duffy, who is stepping down from the gold miner’s board and executive committee.
7th July 2014
 
GOLD

Private miner completes acquisition of AngloGold’s Navachab

The Navachab gold mine The acquisition by QKR Corporation of Navachab gold mine, in Namibia, is complete, the private mining company confirmed on Tuesday. QKR president Lloyd Pengilly, a former Johannesburg gold analyst who left JP Morgan to set up QKR, announced the...
1st July 2014
 
EXPLORATION

Resources Watch Video Available

Research commentator Dr Robbie Robinson says SA is squandering its cobalt endowment. AngloGold’s new game-changing technology churns out 1 600 oz of gold.
29th May 2014
 
GOLD

AngloGold’s new game-changing technology churns out 1 600 oz Video Available

Srinivasan Venkatakrishnan (Venkat) South Africa’s largest gold miner AngloGold Ashanti has now produced 1 600 oz of gold using its exciting new technology, which mines “all of the gold, only the gold, all the time, safely”. AngloGold’s Tau Tona gold mine near Carletonville...
20th May 2014
 
Company Announcement

AngloGold Ashanti Production up 17%; Costs down 22% PDF Available

AngloGold Ashanti today posted a strong set of results, beating first-quarter production and cost guidance, as operating performance and cost initiatives continue to reposition the business.   Adjusted headline earnings were $119m, or 29 US...
19th May 2014
 
GOLD

Kibali opened, could herald birth of new DRC economic region – Bristow

Democratic Republic of Congo (DRC) Minister of Mines Martin Kabwelulu on Friday officially opened the Kibali gold mine, operated and developed by Africa-focused miner Randgold Resources. The mine, which would rank as one of the largest gold mines...
2nd May 2014
 
GOLD

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
 
PERSPECTIVES

FEISTY FOCUS

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
 
IRON-ORE

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
 
 
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VIDEO
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