AngloGold Ashanti Limited

AngloGold Ashanti Limited is a global gold mining company with a portfolio of assets and projects on four continents. AngloGold Ashanti mines for gold and produces by-products such as silver. The company has operations at various stages from exploration to mine closure.

AngloGold Ashanti’s key assets include Tier One gold mines in Ghana, Guinea, Australia, and the Democratic Republic of the Congo which account for around 60% of its production. The company has 23 million ounces in mineral resources and 6 million ounces in ore reserves from Tier Two assets. AngloGold Ashanti also has an exploration project pipeline focused on brownfields exploration near existing operations as well as greenfields exploration in Colombia and the United States.

The company is advancing permitting at the North Bullfrog project while expanding the adjacent Silicon project through a significant new discovery called Merlin. An initial exploration target for Merlin of 6-8 million ounces has been estimated. Together, North Bullfrog and Silicon including Merlin have the potential to be the company’s next Tier One gold complex.

AngloGold Ashanti aims to improve its overall competitiveness, expand its mineral resource base, progress its project pipeline and set clear emissions reductions targets aiming to achieve net zero greenhouse gas emissions by 2050.