Alan Fine News
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Gunfire continued in Mali’s capital, Bamako, after army officers said they toppled President Amadou Toure’s government and suspended the constitution amid a dispute over the handling of a Tuareg insurgency in the north.
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A group of First Uranium Inc. shareholders said the mining company’s planned sales of South African assets to AngloGold Ashanti Ltd. and Gold One International Ltd. for a combined $405 million are being done too cheaply.
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AngloGold Ashanti Ltd., the world’s third-largest producer of the metal, shut its TauTona mine near Johannesburg for about a week after an earth tremor damaged the shaft used to take workers underground.
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A French military team will help recover the bodies of the entire board of Sundance Resources Ltd. , including millionaire Ken Talbot , who were killed in an aircraft crash in dense jungle in the Republic of Congo.
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AngloGold Ashanti Ltd. , Africa’s biggest gold producer, said it was not “appropriate” for Ghana to renegotiate a 2004 agreement that capped mining royalties paid to the government.
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AngloGold Ashanti Ltd. and Gold Fields Ltd. are among South African producers threatened with costly court battles as rights groups enlist thousands of former miners with work-related lung disease for a class-action suit.
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AngloGold Ashanti Ltd. said it’s Moab Khotsong mine in South Africa has been “fully-closed” after a fatal accident on June 2.
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A strike over pay at the South African operations of AngloGold Ashanti Ltd. continues, Alan Fine, a spokesman for the world’s third-largest producer of the metal, said by mobile phone today.
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AngloGold Ashanti Ltd. suspended production at its Great Noligwa mine in South Africa pending an investigation into the death of a mineworker yesterday.
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Work was halted at AngloGold Ashanti Ltd.’s Mponeng mine in South Africa to investigate a death that ocurred today at the mine, located in Carletonville, spokesman Alan Fine said by phone.
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