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AngloGold to invest $400m in Colombia 2013-15

Richard — Wed, 23 May 2012 16:53:13 +0000

AngloGold Ashanti, the world’s No. 3 gold producer, plans to invest $400-million in Colombia in the 2013-2015 period at its La Colosa deposit and other gold exploration projects, a company executive said on Friday. Some $300-million is earmarked for exploration work at La Colosa, Colombia’s largest gold deposit, located in the southern Tolima province. The remaining $100-million would be invested in exploration projects in the regions of Antioquia, Cauca, Bolivar and Caldas, AngloGold’s CEO in Colombia, Rafael Herz, said during a mining conference in the port city of Cartagena.

See http://www.miningweekly.com/article/anglogold-to-invest-400m-in-colombia-2013-15-2012-05-21.

Colombia’s resistance to corporate mining excess has lessons for the world

Richard — Wed, 23 May 2012 16:52:07 +0000

Voluntary guidelines are not enough. We must ensure our critical gaze on exploitative mining firms does not waver.

This article mentions smallscale mining in Colombia. One of the companies threatening small scale miners’ livelihoods is AngloGold Ashanti.

See http://www.guardian.co.uk/global-development/poverty-matters/2012/may/14/colombia-resistance-corporate-mining-excess.

NO A LA MINA! SI A LA VIDA!

Richard — Sat, 12 May 2012 08:20:50 +0000

Protest against London-listed AngloGold Ashanti’s plans to construct a hige opencast gold mine in Colombia

3pm-6pm, Friday 1 June, outside Colombian Embassy, London

Nearest Tube: Knightsbridge 3 Hans Crescent, London SW1X 0LN

Join us in solidarity with the people of Cajamarca, central Colombia, to say NO TO THE COLOSA MINE AND YES TO LIFE!

See http://www.colombiasolidarity.org.uk/events/26-upcoming-events/567-no-a-la-mina-si-a-la-vida.

Colombia: going for gold

Richard — Wed, 25 Apr 2012 13:51:44 +0000

Small-Scale Miners in Nariño Face Crackdown as Foreign Companies Set Sights on Colombia.

This article involves South African-based, London-listed AngloGold Ashanti.

See http://www.minesandcommunities.org/article.php?a=11642.

In Ghana, a mining activist fights the gold goliaths

Richard — Wed, 25 Apr 2012 13:50:25 +0000

Whether on billboards along the roads or embroidered on shirt collars, mining companies – including London-listed AngloGold Ashanti – are ubiquitous in this jungle hub of Ghana’s Western Region. Their presence is sometimes lost behind the lazy-leafed plantain trees, drooping palm fronds, and steep, green hills encasing the town, but a mountain of waste rock obscures much of the horizon.

See http://www.minesandcommunities.org/article.php?a=11625.

Colombia: NGOs, African-descent and Indigenous communities challenge AngloGold Ashanti

Richard — Thu, 12 Apr 2012 14:47:48 +0000

Local and international NGOs say black & indigenous communities did not consent to London-listed AngloGold Ashanti’s operations on their lands, raise concerns about respect for human rights amid ongoing conflict. Business and Human Rights Resource Centre invited AngloGold Ashanti to respond.

See http://www.business-humanrights.org/Links/Repository/1012252.

AngloGold Ashanti increased CEO compensation by 24%

Richard — Thu, 12 Apr 2012 14:47:00 +0000

CEO Mark Cutifani’s compensation was raised 24% in 2011 as profit rose to a record, the Johannesburg-based, London-listed gold miner said in its annual report published on its website.

See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=148827&sn=Detail&pid=92730.…
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Lawyer prepares silicosis class action suit against top South Africa miners

michaela — Thu, 05 Apr 2012 09:06:33 +0000

Nearly 7,000 plaintiffs from South Africa and Lesotho have so far signed up to a class action suit against four South African gold companies, claiming they were responsible for the workers having contracted deadly silicosis. The principal targets of the suit are AngloGold Ashanti (listed in London), Gold Fields and Harmony Gold, along with DRD Gold.

See http://www.minesandcommunities.org/article.php?a=11581&l=1.

Mine rehabilitation is high risk

michaela — Wed, 21 Mar 2012 20:31:00 +0000

For residents of Johannesburg or Witbank, the most visible legacy of 100 years of mining is not the country’s well-developed engineering and financial services sectors. It is tainted water sources and dust blowing off old mine dumps. As time passes, the damage mining has caused to the environment becomes more apparent.

See http://www.fm.co.za/Article.aspx?id=167493.

[Among UK-listed mining companies historically active in South Africa are Anglo American and AngloGold Ashanti.]

Mining must not infringe on agriculture, minister says – Colombia

michaela — Fri, 16 Mar 2012 22:06:01 +0000

The Colombian government needs to develop responsible mining without infringing on the agricultural sector, agriculture minister Juan Camilo Restrepo told BNamericas. “We are going to begin to analyze the draft of the new mining code to verify that the state’s [mining] reserve areas do not clash with agricultural areas,” Restrepo said. The agriculture ministry has already made proposals for stricter standards in environmental remediation to be implemented in the areas where mining is carried out, according to Restrepo. “So that mining cannot arrive, carry out operations and leave the pit without any kind of remediation,” he said. [This will affect London-listed mining companies active in Colombia, including Anglo American, AngloGold Ashanti, BHP Billiton, Glencore, Greystar, Rio Tinto and Xstrata.]

See http://www.bnamericas.com/news/mining/mining-must-not-infringe-on-agriculture-minister-says

http://www.minesandcommunities.org/article.php?a=11545.

13 mining companies sign commitment to promote sustainable mining [Colombia]

michaela — Fri, 16 Mar 2012 20:48:57 +0000

The 13 member companies of Colombia’s large-scale mining sector association SMGE signed a commitment to reinforce responsible, fair and competitive mining in the country. ?The companies that signed the agreement were Vale, Anglo American, Colombia Exploration, AngloGold Ashanti, AUX Colombia, [Carbones del] Cerrejón, Colombian Natural Resources, Drummond, Eco Oro Minerals [Greystar Resources], Gran Colombia Gold, Minas Paz del Río, Mineros, MPX Colombia [part of EBX] and Prodeco [part of Glencore]. The agreement involves the continuing implementation of international best practices in industrial safety, occupational health, environmental management, community relations, human rights, ethics and transparency…

See http://www.business-humanrights.org/Links/Repository/1011499.

Ghana: Collection of increased tax for mining companies is being delayed

michaela — Fri, 02 Mar 2012 21:06:06 +0000

Three months after the announcement of an increase in corporate tax for mining companies from 25 to 35 percent in Ghana, the raise is yet to be implemented. The tax may not be collected until 2013, according to TV3 television channel. “The attitude of government gives reasons to believe that it will yield to pressures from the industry,” wrote Alhassan Atta-Quayson, expert of Third World Network-Africa (TWN-A). “The Chamber of Mines reported that the new taxes would hurt mining companies and AngloGold Ashanti, followed up with a threat to stop production of some mines due to increased overhead cost resulting from the new taxes,” added Atta-Quayson.

See http://www.socialwatch.org/node/14329.

Toxic Waters Threaten Johannesburg

michaela — Tue, 21 Feb 2012 22:20:17 +0000

The discovery of gold was the reason for the birth and the rise of Johannesburg, long called the “City of Gold.” But a century later, those same mines, where toxic water has built up in abandoned shafts and may leak into South Africa’s water supply, now pose a serious threat. [Mentions AngloGold Ashanti]

See http://www.voanews.com/english/news/africa/Johannesburg-Threatened-by-Toxic-Waters-139219729.html.

Connecting the world with African mining – but not affected communities.

michaela — Wed, 15 Feb 2012 20:55:04 +0000

It’s where “the World connects with African Mining”. At least – that was the claim for Africa’s official Mining Indaba, which ended in South Africa last week. The event was organised in the shadow of figures showing a dramatic decline in South Africa’s own mining investment since 2006 and a rejection by the ANC-led government of proposals to nationalise its mining industry. At the same time, civil society leaders from around the continent met in an “alternative” gathering to condemn the externalisation of mining’s costs onto affected communities. In a statement, issued on 7 February, a new Alliance challenged organisers of next year’s official Indaba to “allow communities affected by mining, for better or for worse, tell their stories, alongside the mining industry and government”. Among London-listed mining companies active in South Africa are Anglo American, AngloGold Ashanti, BHP Billiton and Xstrata. The article also mentions Glencore.

See http://www.minesandcommunities.org/article.php?a=11494&l=1.

Ghana sets up committee to review mining contracts

michaela — Wed, 15 Feb 2012 20:46:32 +0000

Ghana, Africa’s second-largest gold mining state, has set up a committee to review stability investment agreements with mining houses. Mining companies that have had stability agreements in Ghana include London-listed AngloGold Ashanti, the world’s third largest gold producer.

See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=145134&sn=Detail&pid=92730.