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Thursday, Nov 8
2012, 8:16 AM
AngloGold Ashanti (AU) CEO Mark Cutifani warns of restructuring at its South African...
AngloGold Ashanti (AU) CEO Mark Cutifani warns of restructuring at its South African operations during a conference call after the company's Q3 earnings report. Recent labor unrest is seen adding pressure to less-profitable and older operations where reserves have been in decline as shafts plunge deeper into the earth, adding to costs. AU -5.4% premarket.