AngloGold Ashanti - Policy, Law & Economics News

19 June 2013

05 Feb 2013

ENS: Statement by Otsile Matlou, Edward Nathan Sonnenbergs director and head of mining, avers that the MPRD Amendment Bill will have devastating consequences for South Africa’s mining industry (05/02/2013)

STATEMENT

In the mining industry, where huge capital is required to develop projects and construct mines, the ability of the listed company to raise funds on the stock exchange is crucial. However the...

13 Dec 2012

Marikana re-inflicts 70s stagflation on SA economy – Peter Leon

LEGISLATIVE ENVIRONMENT

The Marikana tragedy and the events that it sparked have re-inflicted a 1970s-type stagflation on the South African economy, which is now poised to be downgraded yet again by a third sovereign...

10 Dec 2012

Business seeks policy certainty and predictability from Mangaung

ECONOMY

Business Unity South Africa (Busa) echoed the sentiments of many individual businesspeople on Monday when it formally appealed for the emergence of policy certainty and predictability at the Africa...

25 Oct 2012

SA: Statement by UASA, trade union, negotiates higher minimum wages for mine workers (25/10/2012)

STATEMENT

After continued negotiations for the 2011 – 2013 Chamber Gold Wage Agreement, UASA, together with NUM and Solidarity, entered into an agreement with the Chamber of Mines of South Africa,...

21 Sep 2012

Now AngloGold workers strike at Kopanang mine

INDUSTRIAL RELATIONS

Workers have embarked on an illegal strike at a South African mine run by world number three bullion producer AngloGold Ashanti, a company spokesman said on Friday, signalling spreading labour...

05 Sep 2012

Mining industry must start thinking out of the box – David Noko

LEGISLATIVE ENVIRONMENT

The South African mining industry needs to start doing the extraordinary to elevate the industry’s thinking on sustainability as it moves into the future, says AngloGold Ashanti’s newly...

13 Jul 2012

Vital conversation

REAL ECONOMY: MINING POLICY

The importance of the mining industry to South Africa’s economic expansion cannot be disputed. There are also few who would discount the assessment that the country still houses a resources...

17 Apr 2012

Daily podcast – April 17, 2012

PODCAST

ANC Youth League spokesperson Floyd Shivambu's public criticism of ANC appeals chairperson Cyril Ramaphosa was made in his personal capacity and does not represent the League’s official position,...

16 Apr 2012

Consumers still underpinning SA’s growth, bank shows

ECONOMIC OUTLOOK

Consumption was continuing trumping production in South Africa, Absa Investments GM Craig Pheiffer said on Monday. Real retail sales grew by 3.9% year-on-year (y/y) in January and manufacturing...

23 Sep 2011

ANC mulls legislation to supersede mining contracts – official

MINERALS LEGISLATION

South Africa’s ruling African National Congress (ANC) wants to forge an economy in which its natural resources best serve the country, says the head of the party’s task team formed to study a...

04 Mar 2011

CoM says working on lung disease compensation framework reform

HEALTH & SAFETY

The Chamber of Mines (CoM) said on Friday that it had been actively working in tripartite forums to align and reform the statutory framework for occupational lung disease compensation. The CoM,...

Radioactive Revenues: Financial Flows between Uranium Mining Companies and African Governments (March 2011)

URANIUM

In 2009, Africa’s share of worldwide uranium mining amounted to 17%, with the vast majority of uranium production taking place four African host states: Niger, Namibia, Malawi and South Africa....

03 Mar 2011

SA court ruling opens door for claims against mines

OCCUPATIONAL HEALTH

A Constitutional Court ruling on Thursday in favour of a former AngloGold Ashanti worker in an occupational health disease case has opened the door to a litany of legal claims against the mining...

02 Nov 2010

State would have had to cover R67bn deficit if mines were nationalised – Sipho Nkosi

LEGISLATIVE FRAMEWORK

Had the South African mining industry been nationalised, the South African government would have been accountable for the R67-billion post-meltdown deficit that the industry suffered in 2009,...

20 Oct 2010

Africa’s infrastructure deficit creates economic opportunity

INFRASTRUCTURE

Physical infrastructure remains Africa's most significant constraint as far as economic development goes, however, the backlog also represents big investment and business opportunities, head of...

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