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ANGLOGOLD ASHANTI LIMITED - CONTINUE TALKS FOLLOWING THREE-DAY STRIKE AT MORILA

Release Date: 22/06/2004 17:48
Code(s): ANG
Wrap Text

ANGLOGOLD ASHANTI LIMITED - CONTINUE TALKS FOLLOWING THREE-DAY STRIKE AT MORILA ANGLOGOLD ASHANTI LIMITED (formerly AngloGold Limited) Incorporated in the Republic of South Africa Registration Number: 1944/017354/06) ISIN Number:ZAE000043485 JSE Share Code: ANG ("AngloGold Ashanti/Company") TALKS CONTINUE FOLLOWING THREE-DAY STRIKE AT MORILA Talks between management and union representatives at Morila gold mine in Mali continued at the weekend and today, following the return to work by the workforce following a three-day strike. The strike was called by SECNAMI, the mining section of the National Union of Malian Workers (UNTM) in support of the Morila workers" dispute with management about a productivity bonus. Although the Morila plant remained operational during the strike, the work stoppage will have a negative impact on the mine"s gold production for the June quarter. Management is hopeful that a settlement of the dispute will be reached soon. The Morila mine is owned by AngloGold Ashanti and Randgold Resources each holding a 40% share and with the remaining 20% owned by the government of Mali. Johannesburg 21 June 2004 ENDS Date: 22/06/2004 05:48:01 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department