JOHANNESBURG - AngloGold Ashanti chairperson and former South African Reserve Bank Governor and Cabinet Minister, Tito Mboweni, on Wednesday slammed the “sledgehammer” approach from the Department of Mineral Resources (DMR) to mine Safety and spoke of your current tendency to “regulate that is a to death”.

In a unscheduled short verbal intervention during question time at AngloGold’s presentation of record $1.3-billion 2011 profit and allowing it to be known that they ... Read More

JOHANNESBURG  - Dividend-lifting JSE-listed Anglo American Platinum (Amplats) was showing warning signs of hanging tough despite Safety stoppages hitting operating costs.

There were 81 Safety stoppages, compared with 36 in 2010. Twelve employees were killed in the period.

“There have been more Safety stoppages this year than in any of the last 36 months. We still work relentlessly with our partners in government and our workforce to implement more efficient means of ... Read More

JOHANNESBURG  - World number-four platinum miner Aquarius Platinum CEO Stuart Murray has criticised the increasing quantity of Safety stoppages in Nigeria and said the continent has become a “difficult place” to use in.

The ASX-, LSE- and JSE-listed miner reported a 4% quarter-on-quarter drop in its attributable production to 105 629 oz of platinum-group metals (PGMs) in the three months for the end of December, which Murray partly blamed on the “widespread and quite o ... Read More