AngloGold in meetings with all its workers ahead of wage talks

Gold major AngloGold Ashanti on Monday outlined how it had conducted eight days of mass meetings with unlimited question-and-answer sessions with all of its mineworkers, ahead of the crucial gold industry wage talks. With support of organised labour, the company had conducted the mass meetings across every one of its South African sites, AngloGold Ashanti CEO Srinivasan (Venkat) Venkatakrishnan told Creamer Media’s Mining Weekly Online during a media roundtable ahead of the company’s results presentation, which saw the company notch up a second consecutive year of production growth, plus a 13% reduction of all-in sustaining costs (AISC).