AngloGold Ashanti

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AngloGold Ashanti
AngloGold Ashanti.jpg
Founded 1944
Headquarters Johannesburg, South Africa
Key People Mark Cutifani, Chief Executive Officer
Employees 63,364
Products Exploration and production of gold
Website www.anglogold.co.za
Releases Company News

AngloGold Ashanti is a South African - based company engaged in the exploration and production of metals, primarily gold.The company has 21 operations on 4 continents and a number of exploration programs in both the established and new gold-producing regions of the world.

As of December 31, 2009, AngloGold Ashanti’s Ore Reserve totalled 71.4Moz and it employed 63,364 people, including contractors. Gold production for the year totalled 4.60Moz (2008: 4.98Moz), generating $3.8bn in sales revenue. Capital expenditure in 2009 was $1bn.[1]

AngloGold Ashanti is a member of the World Gold Council.[2]

History

AngloGold Ashanti was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation.

Products and Services

AngloGold Ashanti Limited engages in the exploration and production of gold. The company undertakes Greenfield exploration activities in Australia, China, North and South America, the Democratic Republic of the Congo, the Middle East and North Africa (MENA), Russia, Sub-Saharan Africa, and the Southeast Asia; and Brownfields exploration activities worldwide, primarily in South Africa, Mali, Guinea, and the United States.[3]

It primarily sells gold, as well as uranium, silver, and sulphuric acid.

Key People

References

  1. Corporate Profile. AngloGold Ashanti.
  2. World Gold Council Members List. World Gold Council.
  3. AngloGold Ashanti Business Summary. Yahoo Finance.