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AngloGold suspends ops due to sit-in

Nov 02 2012 08:59 Reuters

Company Data

ANGLOGOLD ASHANTI LIMITED [JSE:ANG]

Last traded 144.92
Change -1.08
% Change -0.01
Cumulative volume 509902
Market cap 58.48bn

Last Updated: 19/09/2014 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - AngloGold Ashanti [JSE:ANG], the world’s third largest gold producer, has suspended operations at its TauTona mine in South Africa due to a worker sit-in protest over a bonus payment, the company said on Friday.

“There are about 300 people doing a sit-in underground. Management is talking to them,” company spokesperson Alan Fine said.

Another sit-in at AngloGold’s Mponeng mine ended on Thursday, but operations there are only expected to resume on Sunday night as some repairs need to be done, Fine added.

 
anglogold ashanti  |  mining unrest
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