AngloGold Ashanti (AU) CEO Mark Cutifani warns of restructuring at its South African operations...

|About: AngloGold Ashanti Limited (AU)|By:, SA News Editor

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.