Mark Cutifani

AngloGold Ashanti (NYSE:AU) Production Estimates Coming in a Low End

AngloGold Ashanti (NYSE:AU) full-year production estimates will come in at the lower end of guidance, according to Chief Executive Officer Mark Cutifani. Talking about Ghana, Cutifani said, “We underestimated some of the social complexities and some infrastructure failures” there. Besides having to suspend operations at its Obuasi mine in Ghana because of water contamination problems, they

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AngloGold (NYSE:AU) Latest to Shrink Australian Investment on Mining Super Tax

AngloGold Ashanti Ltd. (NYSE:AU) is the latest mining company to put a hold on Australian projects, as the inability to turn much of a profit from mining operations in the country has miners fleeing to more profitable areas of the world.”While we are still committed, what should be a 20-year development that our industry so desperately needs, has slipped back down the project priority list,” CEO

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