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Maybe the laid-off South African miners can become investment bankers

Section: Daily Dispatches

Gold Miner AngloGold Ashanti to Cut South Africam Jobs as Costs Rise

By Henry Sanderson
Financial Times, London
Wednesday, May 23, 2018

AngloGold Ashanti, the world's third-largest gold miner, said it will cut almost a third of its workforce in South Africa as it struggles with a strengthening rand and a lacklustre gold price.

The miner said the restructuring will involve 2,000 jobs from different levels of its South African workforce, including senior management and its South African executive committee. It employs 8,200 people in the country. ...

... For the remainder of the report:

https://www.ft.com/content/08b274e0-5e9d-11e8-ad91-e01af256df68



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