GOLD 1282.55 $/ozChange: 0.30
PLATINUM 1464.50 $/ozChange: 3.50
R/$ exchange 10.72Change: -0.04
R/€ exchange 14.35Change: -0.04
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
close notification
powered by
Advanced Search
Srinivasan Venkatakrishnan

Gold miner increases production, cuts costs

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

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

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

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

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

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

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

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
Topic Multimedia
View all
Sibanye Gold set to pay R1bn-a-year minimum... Video
Resources Watch Video
Right Eskom price will trigger R10bn Waterberg... Video
Kumba’s cash return to black shareholders Video
Mining project studies on the increase – DRA Video
Resources Watch Video
Kumba’s cash return to black shareholding now... Video
Kumba providing helping hand to up-and-coming... Video
Amplats capitalising mechanised mines, may... Video
View all
Underground coal gasification has key... Audio
WDC hopes to resolve Zim diamonds... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Tungsten-miner Malaga mulls 2nd mill,... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio