"AngloGold Ashanti plans to axe 800 staff", 20 Jan 2017

AngloGold Ashanti is in talks with unions to lay off more than 800 workers at its South African operations...after years of declines in output in the country due to regulatory issues...“AngloGold Ashanti’s South Africa region is contemplating the dismissal of certain employees on the basis of its operational requirements,” said a letter dated January 17 signed by AngloGold chief operating officer Chris Sheppard...AngloGold, which vies with Gold Fields, Harmony and Sibanye Gold in South Africa, declined to comment on the number of jobs at stake, but said it had started talks with unions and regulators that could lead to job cuts...The spokesman for the National Union of Mineworkers, which represents the majority of workers in the sector, said his union looked at the matter with “serious concern.”