Anglogold To Cut 430 Jobs In Ghana

AngloGold Ashanti says its Namibia sale in works will result in it cutting 430 jobs in Ghana. Africa's top bullion producer, AngloGold Ashanti, is "trying to close a sale" for its small Navachab operation in Namibia and is cutting 430 jobs at its troubled Obuasi mine in Ghana, its chief executive said on Wednesday. Srinivasan Venkatakrishnan told journalists on a conference call after the group reported a swing back into profit in the third quarter that it had consulted with organised labour over the job cuts in Ghana.