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Will Newmont stock be hurt by lower gold prices?

Shares of Newmont Mining (NEM) were gaining by 1.36% to $34.19 late Monday afternoon, despite gold prices trading in the red.

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Illegal mining scares away AngloGold’s investors

AngloGold Ashanti is working with the police to prevent the expansion of illegal mining beyond the northern part of its mining lease at its Obuasi mines.

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WANEP urges calm in mining communities

The West Africa Network for Peacebuilding (WANEP) is urging communities affected by mining to reject violence and do everything to use dialogue to address, whatever grievances, they have.

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Anglogold to cede majority of Obuasi mine to Gov't

Citi Business News has gathered that AngloGold Ashanti will soon be ceding over two thirds of its obuasi mine to government.

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Anglogold to cede majority of Obuasi mine to Gov't

 

Citi Business News has gathered that AngloGold Ashanti will soon be ceding over two thirds of its obuasi mine to government.

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AngloGold Ashanti lost 11 lives in 2015

 

Mining giants AngloGold Ashanti has said 11 of their staff lost their lives in the line of duty in 2015.

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Gold smuggling spikes as GRA seizes $18m worth of the commodity

 

Concerns about gold receipts to the country have further heightened following the detection and seizure of a large amount of gold bullion meant for export without declaration and proper documentation.

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Anglogold Ashanti rules out shutdown of operations

 

Anglogold Ashanti says it has no intention of moving out of Ghana despite the current challenges with illegal miners at its Obuasi concession.

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AngloGold Seeks Obuasi Ghana Solution This Year, CEO Says

 

AngloGold Ashanti Ltd., the world’s third-biggest producer of the precious metal, wants to find a solution for its aging Obuasi mine in Ghana by the second half of this year, Chief Executive Officer Srinivasan Venkatakrishnan said.

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Mining law to enhance community development

 

Mining communities are set to benefit from proceeds of a Mining Community Development Scheme with the passage of the Mining Development Fund Bill.

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Gov’t owes over GHC100M in mining royalties

 

The government of Ghana is indebted to mining communities in royalty arrears to the tone of over 100 million Ghana Cedis.

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AngloGold, Gold Fields surge after Rand meltdown

 

Gold Fields Ltd. and AngloGold Ashanti Ltd. are two of the mining firms that experienced a surge in prices after a meltdown by South Africa’s rand against the dollar – a consequence of President Jacob Zuma’s sacking of finance Minister Nhlanhla Nene.

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Japanese gov't supports power, fisheries sectors

 

The Japanese government is to provide a $38.3 million grant to Ghana to help improve power supply and promote fisheries in the country.

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