AngloGold Ashanti Limited
About AngloGold Ashanti Limited
Overview
AngloGold Ashanti Limited is a global gold mining company with a portfolio of operations and projects on four continents. As one of the world's largest gold producers, the company has transitioned from its South African roots to become a geographically diverse producer with operations in Africa, the Americas, and Australia. AngloGold Ashanti emphasizes operational excellence and value creation.
Operations
AngloGold Ashanti operates mines including Geita (Tanzania), Iduapriem and Obuasi (Ghana), Siguiri (Guinea), Kibali (DRC, 45% ownership), Serra Grande and Cuiabá (Brazil), Cerro Vanguardia (Argentina, 92.5%), and Sunrise Dam and Tropicana (Australia). The company produces approximately 2.7 million ounces of gold annually from its diversified portfolio.
Strategy
The company's strategy focuses on optimizing the existing portfolio through operational improvements and cost management, pursuing growth through brownfield expansions and selective acquisitions, maintaining financial discipline and a strong balance sheet, advancing ESG leadership including climate goals, and delivering superior returns to shareholders. AngloGold emphasizes long-life, quality assets.
Key Projects
Key projects include the Obuasi redevelopment in Ghana (targeting 400,000+ ounces annually), Gramalote project in Colombia (50% JV with B2Gold, feasibility stage), Quebradona copper-gold project in Colombia (exploration stage), and ongoing brownfield expansions at multiple operations. The company maintains active exploration programs across all operating jurisdictions.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- AU
- Market Cap
- Large Cap
- Category
- Gold
- Commodities
- Gold, Silver
- Headquarters
- Johannesburg, South Africa
- Founded
- 1998
- Employees
- ~31,000
Operating Countries
Producing Assets
- •Geita (Tanzania)
- •Iduapriem (Ghana)
- •Obuasi (Ghana)
- •Siguiri (Guinea)
- •Kibali (DRC)
- •Serra Grande (Brazil)
- •Cuiabá (Brazil)
- •Cerro Vanguardia (Argentina)
- •Sunrise Dam (Australia)
- •Tropicana (Australia)
Development Assets
- •Gramalote (Colombia)
- •Quebradona (Colombia)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.