AngloGold makes a big Covid-19 contribution before its exit

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South Africa Headlines News

Ahead of finalising the sale of its last mines in SA, AngloGold is handing over two idled hospitals and a large donation to the Solidarity Response Fund

AngloGold Ashanti handed over two hospitals to fight the spread of Covid-19 as the mining sector comes under criticism from some unions over their approach to the 21-day lockdown.

This has provoked the ire of organisations such as the National Union of Mineworkers , which accuses companies of putting profits ahead of lives. With the sale of the Mponeng mine, the tailing reprocessing business Mine Waste Solutions, and two other idled mines for $300m cash and a percentage of future gold sales coming from expansion projects, AngloGold will no longer have an operating presence in its historic home base.

According to data from the Minerals Council SA, the industry representative group whose members account for 90% of the country’s mining, there are 2,000 hospital beds available for people with mild Covid-19 symptoms and need to be quarantined. There are a further 400 beds for seriously ill people needing intensive medical care.

 

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