AngloGold Ashanti Tag

The government of Guinea has announced that Sycamore Mining will redevelop the Kiniero gold mine after the Cyprus-based investment firm made a winning bid for the past producing mine. “Sycamore’s was the winning bid, and we signed an outline agreement today,” said Abdoulaye Magassouba, Guinea’s minister...

AngloGold Ashanti (JSE:ANG) has cautioned that it may have to cut up to 8,500 workers in South Africa, up to 30% of its workforce. The world’s third largest gold producer revealed it was considering the possibility of a considerable cut to its workforce in a company...