AngloGold Ashanti Board Appoints Alberto Calderon as Chief Executive Officer

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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…

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SARW Opposes Attempts by First Quantum Mining to Silence it through Court Action

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,…

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CELEBRATING VULTURE CULTURE

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…

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FORMER ABSA BANK EMPLOYEE ARRESTED FOR ALLEGED FRAUD WORTH R700 000

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…

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AngloGold Ashanti Trebles Q1 Cash Flow from Operating Activities; Bolsters Liquidity to $2bn

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…

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AngloGold Ashanti Agrees South African Asset Sale to Harmony Gold

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…

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WHO declares Novel Coronoavirus a Public Health Emergency of International Concern

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…

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Moodys upgrades Mercantile Bank two notches up

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…

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