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News Breaks | | | | October 26, 2012 | | 06:14 EDT |  | AU | AngloGold Ashanti West Wits employees start return to work
AngloGold Ashanti reports that most workers have started returning to the three West Wits mines this morning. These workers join their colleagues at the Vaal River operations who returned to work on Oct. 22 and Oct. 23. Large numbers of employees at the Mponeng, TauTona and Savuka mines returned to work this morning and the focus now is on preparing these operations to ramp up production safely. The dismissal process announced on Oct. 26 will continue for those who do not return to work. The unprotected strike started at the Kopanang Mine in the Vaal River region on Sept. 20 and at the remainder of AngloGold Ashanti's South African mines on Sept. 25. About 32,000oz of gold production was lost each week the six mines were idle. Further details on the impact of the unprotected strike, the settlement and the ramp-up process will be provided along with AngloGold Ashanti's operating and financial results on Nov. 8. | |
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News For AU From The Last 14 Days Check below for free stories on AU the last two weeks. |
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| May 19, 2013 | | 17:47 EDT |  | AU | South Africa's NUM seeks higher wages from gold, coal producers, Reuters says
 Subscribe for More Information | | | May 16, 2013 | | 08:50 EDT | | AU | World Gold Council says gold jewelery demand up, total gold demand down in Q1
Subscribe for More Information | | | May 13, 2013 | | 10:30 EDT | | AU | AngloGold to pursue asset sales to improve the quality of the portfolio
Subscribe for More Information | | | 06:21 EDT | | AU | AngloGold reports Q1 adjusted headline earnings up six-fold over 4Q12 to $113M
Reports Q1 production of 899K oz vs. 859K from last quarter. | |
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