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Stock impact report

South African gold miners near silicosis lawsuit settlement [Reuters]

AngloGold Ashanti PLC Ordinary Shares (AU) 
US:NYSE Investor Relations: anglogoldashanti.com/investors
Company Research Source: Reuters
South African gold miners near silicosis lawsuit settlement | Reuters Reuters Staff 2 Min Read JOHANNESBURG, Jan 10 (Reuters) - The class action brought by thousands of mineworkers who contracted lung diseases while working for South African gold miners has been postponed because the parties are close to a settlement, lawyers for the companies said on Wednesday. A High Court in 2016 set the stage for protracted proceedings on cases dating back decades in the largest class action suit yet in Africaâ??s most industrialised country. Many of the nearly half a million miners who contracted silicosis and tuberculosis are from nearby countries that supplied labour to South African mines. African Rainbow Minerals, Anglo American SA, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Stillwater are listed as respondents. Attorneys representing all appellants and all respondents involved in the suit had requested the postponement, the companies’ lawyers said in a statement, adding settlem Show less Read more
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