Tag «Industry»

AngloGold Output up 17%, Costs Improve on Record Safety Result

AngloGold

AngloGold Output up 17%, Costs Improve on Record Safety Result (JOHANNESBURG) – AngloGold Ashanti reported a 17% increase in production for the second quarter compared with the same period a year earlier, as its two new mines continued to contribute lower-cost ounces, and a strong safety performance helped its South Africa operations improve their contribution. …

Update on South Africa Earthquake

AngloGold

Further Update on South Africa Earthquake (JOHANNESBURG) – AngloGold Ashanti confirms that each one of the 3,300 people working underground at its Great Noligwa and Moab Khotsong mines early yesterday afternoon, when a 5.3 magnitude earthquake struck South Africa’s North West province, were safely hoisted to surface by 7:30pm yesterday. Twenty-eight employees who sustained minor …

US announces us$33 billion African investment

Washington – US President Barack Obama has announced a massive 33 billion US dollars in new financing to promote US exports to and investment in Africa. He made the announcement at the first US-Africa Business Forum, in Washington, on Tuesday, ahead of today’s summit with a group of more than 40 African leaders. The White …

9000 new employees in agricultural sector

Agricultural sector

According to Statistics SA, The number of employees in the formal non-agricultural sector of the South African economy increased from an estimated 8 498 000 employees in December 2013 to an estimated 8 507 000 employees in March 2014. Statistics South Africa released the results of the Quarterly Employment Statistics (QES) survey for March 2014 …