LONDON – AngloGold Ashanti Ltd. (ANG.JO) announced possible job cuts on Wednesday as it faces challenges including rising costs and depleted ore reserves.
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The South African gold mining company said it would consult with unions over a restructuring that "contemplates some 8,500 roles" out of the its 28,000 employees, including contractors.
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(END) Dow Jones Newswires
June 28, 2017 07:58 ET (11:58 GMT)