Today's Labour News

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anglogoldashantiBusinessLive reports that AngloGold Ashanti (AGA) will be cutting up to 2,000 jobs in SA, Chris Shepherd, AGA’s head of SA, confirmed on Wednesday.  "These are overhead jobs and there are some on-mine jobs too," he indicated.  

AGA’s South African business currently employs about 8,200 people.  The gold producer said in a statement on Wednesday:  "AngloGold Ashanti has reduced its production in SA by about 50%, through the sale of the Kopanang and Moab Khotsong Mines in February, and the closure of the TauTona mine announced late last year.  The company’s remaining South African assets now include the Mponeng underground gold mine, and a surface tailings treatment operation, both of which have the potential for long lives."  Consultation with organised labour groups will be facilitated by the CCMA and "will be aimed at safely ensuring the overall viability of the company’s remaining assets in SA, while minimising job losses to the greatest extent possible".

  • Read this report by Allan Seccombe in full at BusinessLive

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