{"id":7996,"date":"2012-02-15T14:06:15","date_gmt":"2012-02-15T12:06:15","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/update-2-anglogold-also-hit-by-s-africa-safety-drive\/"},"modified":"2012-02-15T14:06:15","modified_gmt":"2012-02-15T12:06:15","slug":"update-2-anglogold-also-hit-by-s-africa-safety-drive","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-anglogold-also-hit-by-s-africa-safety-drive\/","title":{"rendered":"UPDATE 2-AngloGold also hit by S.Africa safety drive"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Safety stoppages cloud output forecast<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Adjusted earnings fall 35 percent, below consensus<\/p>\n<p><span><\/span><\/p>\n<p>* Group has record earnings for full year<\/p>\n<p> (Recasts, rewrites throughout)<\/p>\n<p><span><\/span><\/p>\n<p>By Ed Stoddard and Sherilee Lakmidas<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Feb 15 &#8211; AngloGold Ashanti, the<br \/>\nworld&#8217;s third-largest gold producer, became the latest South<br \/>\nAfrican miner to report a surge in output-disrupting safety<br \/>\nstops on Wednesday as it unveiled a sharp fall in fourth-quarter<br \/>\nearnings.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa&#8217;s mineral resources department has ramped up<br \/>\nefforts to reduce accidental deaths in the country&#8217;s mines, the<br \/>\nworld&#8217;s deepest and among its most dangerous.<\/p>\n<p><span><\/span><\/p>\n<p>Fatalities among mostly black miners are far below those<br \/>\nreached under white-minority rule, but around 10 workers are<br \/>\nstill killed underground each month in the country.<\/p>\n<p><span><\/span><\/p>\n<p>AngloGold, which gets 40 percent of its global output from<br \/>\nSouth Africa, said the interruptions were &#8220;a significant risk to<br \/>\nforecasting production&#8221;. It estimated that output for 2012 would<br \/>\nbe at 4.3 million to 4.4 million ounces of gold.<\/p>\n<p><span><\/span><\/p>\n<p>The safety drive across the gold and platinum industries in<br \/>\nSouth Africa has cut output and is a key reason behind a 17<br \/>\npercent spike in spot platinum so far this year.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Safety stoppages cloud output forecast * Adjusted earnings fall 35 percent, below consensus * Group has record earnings for full year (Recasts, rewrites throughout) By Ed Stoddard and Sherilee Lakmidas JOHANNESBURG, Feb 15 &#8211; AngloGold Ashanti, the world&#8217;s third-largest gold producer, became the latest South African miner to report a surge in output-disrupting safety [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-7996","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=7996"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7996\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}