Skip to content skip to secondary navigation

Our business

A TRULY GLOBAL COMPANY

Headquartered in Johannesburg, South Africa AngloGold Ashanti has 20 operations in 10 countries on four continents, as well as several exploration programmes in both the established and new gold producing regions of the world.

Location of operations and major exploration projects

Location of operations and major exploration projects [map]

Operations

  1. 1
    Argentina

    Cerro Vanguardia

  2. 2
    Australia

    Sunrise Dam

  3. 3
    Brazil

    Serra Grande
    AGA Mineração

  4. 4
    Ghana

    Iduapriem
    Obuasi

  5. 5
    Guinea

    Siguiri

  1. 6
    Mali

    Morila
    Sadiola
    Yatela

  2. 7
    Namibia

    Navachab

  3. 8
    South Africa

    Vaal River
    Great Noligwa
    Kopanang
    Moab Khotsong
    Surface operations
    West Wits
    Mponeng
    Savuka
    TauTona

  1. 9
    Tanzania

    Geita

  2. 10
    United States

    Cripple Creek & Victor

Major exploration projects

  1. 11
    Colombia

    Gramalote
    La Colosa

  2. 12
    DRC

    Kibali
    Mongbwalu

  3. 13
    Australia

    Tropicana

AngloGold Ashanti is a global mining company, the third largest gold producer in the world in 2011.

Our mission is to maximise the returns delivered to stakeholders during the economic life cycle of our operations by producing gold safely, responsibly and efficiently.

We operate or have a significant interest in 20 operations, in 10 countries, on four continents.

Our headquarters are in Johannesburg, South Africa. The group’s management has been delegated by the board to the chief executive officer (CEO) and the executive committee. Operationally, the management of the group has been divided into four regions: South Africa; Continental Africa, which includes our operations in Ghana, Guinea, Mali, Namibia and Tanzania; Australasia, which comprises the Australian operation, and the Americas, which includes our operations in Argentina, Brazil and the United States.

In 2011, AngloGold Ashanti employed 61,242 people, including contractors (2010: 62,046), primarily in South Africa (52%), Ghana (12%) and Brazil (8%). Our operations and projects touch the lives of many thousands more people, both around our operations and in those regions from which our operations draw their employees. We are implementing, where possible, plans to consider these potential impacts and mitigating measures at every stage in our operational life cycle.

Our business extends from exploration to project development and construction, to mining, processing, smelting and marketing. In the course of our business we ensure that we understand and address the social and environmental aspects of our business from exploration, through to construction, mining and processing, rehabilitation and eventual closure.

We have advanced projects in Australia, the Democratic Republic of the Congo (DRC) and Colombia, and an extensive exploration programme in 17 countries – including greenfields, brownfields and marine exploration – in the established and potential gold regions of the world.

At 31 December 2011, AngloGold Ashanti’s attributable Ore Reserve amounted to 75.6Moz, while attributable Mineral Resource totalled 230.9Moz.

AngloGold Ashanti produced 4.33Moz of gold in 2011 (2010: 4.52Moz), generating gold income (excluding that from joint ventures) of $6.6bn in 2011 (2010: $5.3bn). We also invested $1.5bn in capital (2010: $1.0bn), $313m on expensed exploration (2010: $205m) and the company made net corporate tax payments of $379m (2010: $188m), $1.5bn (2010: $1.4bn) to employees (wages and benefits) and $131m (2010: $67m) in dividends to shareholders during the year.

Geographic distribution of shareholders [graph]

We actively participate in the global promotion and marketing of our product, independently, and in association with the World Gold Council. Our gold is sold and shipped to bullion banks and commodity houses around the world. As an investment, gold remains a sought-after store of value, and it is also in demand for use in jewellery and in industrial applications. Valuable by-products – silver, sulphuric acid and uranium – are generated in the process of recovering the gold mined at certain operations.

AngloGold Ashanti’s primary listing is on the JSE, and the company is also listed on the London Stock Exchange (LSE), the New York Stock Exchange (NYSE), the Ghana Stock Exchange (GhSE) and the Australia Securities Exchange (ASX). At the end of December 2011, the group had 382,242,343 ordinary shares in issue, and a market capitalisation of $16.2bn (2010: $18.8bn). Around 98% of the group’s ordinary shares are considered to be in free float, with 1.67% held by the government of Ghana. AngloGold Ashanti delisted from Euronext Paris and Euronext Brussels on 23 and 30 December 2011 respectively.