Does ESG contain the seeds of its own destruction?
TALK about a pickle. Mining companies worldwide are in a new scramble, and it is one aimed at green metals or ‘critical minerals’. These include copper, cobalt, nickel and…
AngloGold $500m cash unlock is first step in narrowing discount to international peers
ANGLOGOLD Ashanti is expected to say at its first quarter results on Monday it had unlocked about $500m in cash from profits earned by its Kibali joint venture with Barrick Gold…
AngloGold to run two-year mine review as Calderon seeks to drag firm back into contention
ANGLOGOLD Ashanti is to run an 18 month to two year asset-by-asset review in an attempt to force down cash costs to sub-$900/oz – a development that represents a second step in…
Calderon starts AngloGold tenure with management revamp but Quebradona faces 24 month delay
ALBERTO Calderon used his first quarter as CEO of AngloGold Ashanti to announce a revamp of the group’s operating model which includes removing duplication of roles and improving…
AngloGold project Quebradona has permit ‘archived’ by Colombian authorities
ANGLOGOLD Ashanti said Colombia authorities had ‘archived’ an environmental permit application for its proposed Quebradona copper and gold project. While the gold producer is…
BHP’s former utility player, Alberto Calderon is AngloGold Ashanti’s last shot at the big time
ANGLOGOLD Ashanti’s head office is located in Turbine Hall, a building of metal grid windows, ductwork, and brick in downtown Johannesburg that dates from the 1920s. When the…
“Becoming a non-executive would have been boring” says AngloGold CEO, Alberto Calderon
AT 61 years Alberto Calderon, AngloGold Ashanti’s new CEO, is but a year younger than Nick Holland who stepped down from Gold Fields in terms of its mandatory retirement age.…