reuters

By Ed Stoddard JOHANNESBURG Oct 1 (Reuters) - Anglo American Plc's South African unit will face a hearing next year to determine if it is liable for miners who contracted lung disease silicosis while working in the company's gold shafts, lawyers for the plaintiffs said on Monday. Anglo American no longer has gold assets in South Africa, but the proceedings, initiated … [Read more...] about Anglo American to face S.Africa silicosis hearing

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 … [Read more...] about AngloGold Ashanti says strikes could lead to downsizing

By Tosin Sulaiman JOHANNESBURG Oct 1 (Reuters) - Nigeria joined a key JP Morgan local currency government bond index on Monday, becoming the second African country after South Africa to be included in a widely followed index thanks to its improving liquidity levels. The west African country's entry into the JP Morgan Government Bond Index-Emerging Markets (GBI-EM) … [Read more...] about Nigeria joins JP Morgan government bond index

By Ed Stoddard JOHANNESBURG Oct 1 (Reuters) - Anglo American Plc's South African unit will face a hearing next year to determine if it is liable for miners who contracted the lung disease silicosis while working in its gold shafts, lawyers for the plaintiffs said on Monday. Anglo American no longer has gold assets in South Africa, but the proceedings, initiated by 18 … [Read more...] about REFILE-UPDATE 1-Anglo American to face S.Africa silicosis hearing

(Adds background) JOHANNESBURG Oct 1 (Reuters) - World No. 3 gold bullion producer AngloGold Ashanti warned on Monday that an illegal strike could lead to cuts in its South African operations earlier than expected and raised the possibility that strikers could be sacked. Gold mining in South Africa is generally on the decline as resources that have been mined for … [Read more...] about UPDATE 1-AngloGold Ashanti says strikes could lead to cuts