The Board of AngloGold Ashanti is pleased to announce the appointment of Alberto Calderon as Chief Executive Officer of the company, effective 1 September 2021. Mr Calderon has more than two decades of executive leadership experience in the global mining sector. Until March of this…
The Southern Africa Resource Watch (SARW) has lodged a notice of intention to defend a strategic lawsuit against public participation (SLAPP) brought against the organisation by a Canadian mining company, First Quantum Minerals (FQM) at the Gauteng High Court in Johannesburg. SARW is an independent,…
A classic symbol of death, and synonymous with grim foreboding events, movies and books are often used to illustrate vultures as gloomy and villainous creatures. Some cultures even practice sky burials, which link vultures directly to the natural cremation of loved ones, and in other…
NORTH WEST – Emmanuel Pule Lorekang (43) made a brief appearance before the Mahikeng Magistrate's Court this morning following his arrest on Thursday. He was arrested by the Hawks' Serious Commercial Crime Investigation for allegedly conspiring to defraud ABSA account holders with his co-accused, Isaac…
AngloGold Ashanti confirms that, following the detection of its first positive COVID-19 case at its Mponeng Mine last week, a comprehensive screening, contact tracing and testing programme has revealed several cases at the site in Merafong, in Gauteng Province. AngloGold Ashanti conducted 650 tests since…
AngloGold Ashanti bolstered its available liquidity to more than $2bn, improved leverage and more than trebled first quarter cash flow from operating activities as key mines delivered solid performances. A diverse portfolio of 14 mines in nine countries helped limit the impact of COVID-19-related stoppages…
AngloGold Ashanti is pleased to announce that it has reached an agreement (the "Agreement") to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited ("Harmony"). Consideration for the transaction is in cash and deferred payments with expected proceeds…
The second meeting of the Emergency Committee convened by the WHO Director-General under the International Health Regulations (IHR) (2005) regarding the outbreak of novel coronavirus 2019-nCoV in the People's Republic of China, with exportations to other countries, took place on Thursday, 30 January 2020, from…
Moody’s upgrades Mercantile Bank two notches up despite tough economic conditions in South Africa This month, Moody’s Investors Service raised Mercantile Bank's long- and short-term national scale ratings to Baa1.za/P-2.za from Baa3.za/P-3.za. The ratings agency gave Mercantile Bank a “stable outlook in view of its…
Euler Hermes, the worldwide leader in trade credit insurance presents its latest analysis on the global economy and the related impact on South Africa's export performance. The global economy is expected to prove its resilience in 2016 registering +2.4% growth, after a year of turbulences.…