Unprotected Work Stoppage Impacts AngloGold Ashanti-s Kopanang Mine

September 21 07:45 2012

JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 09/21/12 — An unprotected strike at AngloGold
Ashanti-s (NYSE: AU) Kopanang operations prevented the night shift from
taking place on September 20, 2012. The strike is currently confined to
this single mine. Management-s priority is to maintain safety, peace and
stability at the site and to continue a constructive dialogue with all
employees, their representatives and other stakeholders. The company is
following the necessary procedures and an update will be provided at the
appropriate time.

About Kopanang

The Kopanang mine produced 90,000 ounces of gold in the first half of this
year, which was about 4% of AngloGold Ashanti-s total production over that
period. AngloGold Ashanti-s South Africa operations accounted for
approximately 32% of total group production during the first half of the
year. Approximately 5,000 workers are employed at Kopanang, which lies
roughly 200km southwest of Johannesburg.

SPONSOR: UBS South Africa (Pty) Limited

Contacts

AngloGold Ashanti

Media queries
+27 11 637 6031

Investor queries
+27 11 637 6273

  Article "tagged" as:
  Categories:
view more articles

About Article Author

write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Only registered users can comment.