SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (14174)7/7/1998 6:18:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116764
 
biz.yahoo.com



To: goldsnow who wrote (14174)9/5/2001 12:39:53 PM
From: long-gone  Respond to of 116764
 
Joint Statement By The Chief Executive Officers Of Ashanti Goldfields And AngloGold




Date: Wednesday, September 05, 2001


We have taken note of a newspaper report referring to disputes about a village resettlement in the Geita district of Tanzania, and relating to the Geita mine, which we own and manage in a joint venture.
We are well aware of these disputes which turn on two issues: the number of families affected by the move, and the extent of fair compensation. We are participating in the process of resolving these issues with the affected parties led by the designated agency established for this purpose by the Tanzanian Government. This process will produce an outcome consistent with Tanzanian law.

Finally, we would suggest that to characterise this dispute, essentially about expropriation and compensation, as a “human rights violation” is to broaden this concept to a point where it becomes almost meaningless. We think this is a disservice to those many situations on our continent, and indeed on all other continents, where genuine violations of basic human rights are taking place.



Disclaimer
Except for the historical information which may be contained herein, there maybe matters discussed in this news release that are forward-looking statements. Such statements are only predictions and actual events or results may differ materially. For a discussion of important factors including, but not limited to, development of the Company's business, the economic outlook in the gold mining industry, expectations regarding gold prices and production, and other factors, which could cause actual results to differ materially from such forward-looking statements, refer to the Company's annual report on the Form 20-F for the year ended December 31, 2000 which was filed with the Securities and Exchange Commission on April 23, 2001.


anglogold.co.za