JOHANNESBURG Oct 1 (Reuters) – World No. 3 bullion producer
AngloGold Ashanti on Monday cautioned that a prolonged
strike could lead to the early downsizing of its South African
operations.
Some 35,000 employees, including contractors, at AngloGold’s
South African mines have been on an illegal strike since
September 25.
“Clearly for South Africa’s gold sector, as for many others,
there is a very clear trade-off between investing in the
sustainability of our business and employment,” chief executive
Mark Cutifani said in a statement.
(Reporting by Sherilee Lakmidas; Editing by Jon Herskovitz)
© Thomson Reuters 2012 All rights reserved