AngloGold Ashanti Ltd., the third- largest producer of the metal, posted a loss in the second quarter and suspended its dividend after bullion suffered a record three-month drop. Its shares slid to a 12-year low.
U.K. Prime Minister David Cameron should stop trying to help ensure survival of the European single currency in its current form, Conservative Party lawmaker David Davis said, the Sunday Telegraph reported.
No one has more to lose from gold’s bear market than South African producers as workers digging in the world’s deepest, costliest mines threaten to bring them to a standstill unless pay is more than doubled.
Workers who contracted silicosis after working on mines that were owned by companies including Anglo American Plc may seek at least 1 million rand ($117,000) each in damages, a lawyer representing them said.