Gold Mines Halt 39% of South Africa Output as Strikes Spread
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South African gold mine strikes halted about 39 percent of output, including at AngloGold Ashanti Ltd. and Gold Fields Ltd., as unofficial walkouts spread in the country amid demands for above-inflation pay increases.
AngloGold, the world’s third-largest gold producer, today said all of its South African mines have been stopped. Gold Fields lost a metric ton, or about 32,000 ounces, of output because of strikes at its KDC and Beatrix sites.