South Africa’s government delayed the implementation of a planned carbon tax to 2016, while saying it may impose new levies on mining companies to help fund the treatment of acid water seeping from disused gold mines.
AngloGold Ashanti Ltd., the world’s third-largest producer of the metal, withheld a dividend for the second half of 2013 even as it increased annual production for the first time in nine years and lowered costs.
Billionaire hedge fund manager John Paulson, who backed away from his bullish bet on gold last year, kept his holdings of the metal unchanged in the fourth quarter as prices capped the biggest annual drop since 1981.
AngloGold Ashanti Ltd., the world’s third-biggest producer of the metal, said its Yatela and Sadiola mines in Mali were operating normally even as about 2,000 workers employed by contractors started a strike.
Johannesburg sits atop the world’s most productive gold reef -- a staggering 40,000 tons of the precious metal has been mined from it during a history tracing back 130 years. That legacy of riches has left behind a toxic inheritance: radioactivity from uranium hauled up in the mining process.
As Ali Aboubacar Maiga sold red onions and potatoes in the northern Malian town of Gao, he shook his head at France’s decision to start withdrawing soldiers a year after they routed al-Qaeda-linked Islamist militants.
QKR Corp., a mining investor founded by former JPMorgan Chase & Co. banker Lloyd Pengilly, is in talks to acquire a Namibian gold mine from AngloGold Ashanti Ltd., according to three people familiar with the matter.