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Company Overview

Business Description

Sector
Materials
Industry
Metals & Mining
Headquarters
United States of America US
Employees
38 000
IPO date
Sep 25, 2023

AngloGold Ashanti is a gold mining company. It explores for gold, develops mines, and processes ore to produce gold bars and other gold products. It also sells gold that is produced at its mines, along with some byproducts from the mining process.

Its main customers are gold refiners, bullion dealers, banks, industrial buyers, and investors who buy gold through the metals market. The company makes money mainly by extracting gold from its mines and selling that output at market prices. Mining is capital-intensive, so the business depends on finding ore bodies, building mines, and keeping operations running efficiently and safely.

What makes AngloGold Ashanti’s business different is its role at the start of the gold supply chain. It is not a jeweler or a trader; it is the producer that turns rock in the ground into a tradable metal. That means its results are tied to geology, mine quality, operating discipline, and the price of gold, with the company also carrying the risks and rewards of running long-life mining assets in different countries.

Anglogold Ashanti PLC Investor Relations

Address
6363 S. Fiddlers Green Circle, Suite 1000
Greenwood Village, Colorado
United States of America

Business Segments

Africa mines

This part of the business explores for, develops, and operates gold mines in African countries. It also processes the ore into gold doré or bullion at site plants before the metal is sold or refined further.

Customers and revenue model

Americas mines

This segment covers gold mining operations in the Americas, including mine development, extraction, and ore processing. The work turns rock from the ground into saleable gold products.

Customers and revenue model

Australia mine

Description, customers and revenue model

Management

Mr. Alberto Calderon Zuleta B.A., BA Econ, Econ, J.D., Law, M Phil Econ, M.A.

CEO & Executive Director

Biography unavailable

Mr. Richard Jordinson

Chief Operating Officer

Biography unavailable

Mr. John Edwin Staples

Chief Accounting Officer

Biography unavailable

Mr. Marcelo C. Godoy Ph.D.

Chief Technology Officer

Biography unavailable

Ms. Lizelle Marwick L.L.B., L.L.M.

Chief Legal Officer

Biography unavailable

Ms. Lisa Ali B.Sc., M.B.A.

Chief People Officer

Biography unavailable

Mr. Stewart D. Bailey

Chief Sustainability & Corporate Affairs Officer

Biography unavailable

Mr. Michael Erickson

Senior Vice President of Australia

Biography unavailable

Mr. Massoud Massoudi

Senior Vice President Capital Projects

Biography unavailable

Mr. Terry Briggs B.Sc.

Chief Development Officer

Biography unavailable

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