AngloGold Ashanti
- Company typePublic
- Founded1914
- HeadquartersJohannesburg, South Africa
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
AngloGold Ashanti firmographics
Firmographics- Name
- AngloGold Ashanti
- Legal name
- AngloGold Ashanti plc
- Website
- https://anglogoldashanti.com
- Company type
- Public
- Founded year
- 1914
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
AngloGold Ashanti industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industries
- Silver Mining (IMAKAEAB), Precious Metals Bullion & Concentrates Trading (Gold, Silver, PGM) (IMAKAJAD)
Keywords
Where AngloGold Ashanti is headquartered
LocationHeadquarters
- HQ city
- Johannesburg
- HQ country
- South Africa
- HQ region
- Africa
Offices8 records
Markets served
AngloGold Ashanti business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Gold production and sales: Primary revenue stream from mining and selling gold. The company produced 3.09 million ounces of gold in 2025. Gold is sold at market prices based on the London Bullion Market Association fix. The company also produces silver as a co-product (3.70 million ounces in 2025).
- Silver co-production: Silver is produced as a byproduct of gold mining operations and sold alongside gold, providing additional revenue diversification.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
AngloGold Ashanti product offering
Product offeringCore offering
AngloGold Ashanti is a global gold mining company that operates a geographically diversified portfolio of open-pit and underground gold mines across 10 countries on four continents, producing approximately 3.09 million ounces of gold and 3.70 million ounces of silver annually. The company's core business encompasses exploration, mine development, extraction, processing, and sale of gold to refineries and the global commodity market at LBMA-linked prices.
Product overview
AngloGold Ashanti is a global gold mining company with a geographically diverse, high-quality portfolio of operations, projects, and exploration activities across 10 countries on four continents. The company's core product is gold mining operations, producing approximately 3.09 million ounces of gold annually (as of 2025). Its portfolio includes producing mines across Africa (Obuasi and Iduapriem in Ghana, Geita in Tanzania, Siguiri in Guinea, Kibali in DRC, Sukari in Egypt), Australia (Sunrise Dam and Tropicana joint venture), and the Americas (Cerro Vanguardia in Argentina, AGA Mineração in Brazil). Key development projects include the Arthur Gold Project in Nevada, USA, which represents a major tier-one asset with 4.9 million ounces in probable reserves. The company also maintains greenfield exploration programs in the United States, Colombia, and Egypt. AngloGold Ashanti pursues value-creating opportunities involving other minerals where it can leverage existing assets and experience.
Differentiator
Problem solved
Functional benefit
Brands
- Obuasi Mine: Flagship underground gold mining operation in Ghana
- Geita Gold Mine
- Iduapriem Mine
- Siguiri Mine
- Kibali Mine
- Sukari Gold Mine
- Sunrise Dam
- Tropicana
- Cerro Vanguardia
- AGA Mineração
- Arthur Gold Project
- Nevada Projects / Beatty District
Products and services
- Gold doré bars
Quantifiable outcome
- 30% reduction in water consumption through efficient water management
- +4 more outcomes
Companies that use AngloGold Ashanti
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
AngloGold Ashanti technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
AngloGold Ashanti partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- Mineros S.A.minorMineros S.A. acquired AngloGold Ashanti Colombia S.A.S., the subsidiary holding the EIG-163 gold exploration concession in Cajamarca, Tolima, Colombia. Transaction involved $10 million upfront payment plus up to $60 million contingent consideration tied to regulatory milestones. The project, historically known as La Colosa, had been largely dormant since 2017.
- Capital LimitedminorCapital Limited secured a five-year deep-hole drilling contract with AngloGold Ashanti in Egypt, specifically for work at the Sukari Gold Mine. The contract represents expansion of Capital Limited's services into AngloGold Ashanti's Egyptian operations.
- Telecel GhanaminorTelecel Ghana's Ashanti Codes programme, delivered in collaboration with AngloGold Ashanti, graduated its first cohort of 25 basic school students in Obuasi after 4-week training in coding and robotics. The initiative aims to equip over 1,000 young persons in the Ashanti region with digital and AI skills, supporting the government's 'One Million Coders' agenda.
- World Gold CouncilcoreAngloGold Ashanti is a member of the World Gold Council, the industry body responsible for stimulating and maintaining demand for gold.
- International Council on Mining and Metals (ICMM)coreAngloGold Ashanti is a member of ICMM, the international body providing guidance on sustainable development issues for the mining and metals industry.
- MacmahoncoreMacmahon serves as the mining contractor for AngloGold Ashanti's Tropicana operation in Australia, carrying out open pit and underground mining under an alliance contract arrangement.
- BarmincocoreBarminco provides underground mining services for AngloGold Ashanti's Sunrise Dam operation in Australia under an alliance contract arrangement.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
AngloGold Ashanti competitors and assessment
Company assessmentDirect peers
- Newmont Corporation: Newmont is the world's largest gold mining company, operating Tier-One gold assets globally. Directly comparable to AngloGold Ashanti in product (gold), target customers (refineries, central banks, jewellery manufacturers), and global multi-jurisdiction footprint.
- Harmony Gold Mining: Harmony Gold is a significant South African gold producer with growing international operations. Comparable as a gold-focused mining company with African roots, though smaller in scale than AngloGold Ashanti.
- Kinross Gold: Kinross Gold operates a diversified global gold mining portfolio across the Americas and West Africa. Comparable in product (gold), multi-jurisdiction operating model, and focus on Tier-One assets.
- Endeavour Mining: Endeavour Mining is a West Africa-focused gold producer with multiple operating mines in the region. Highly comparable for AngloGold's African asset base (Ghana, Guinea, Senegal, Côte d'Ivoire), though smaller in overall scale.
- Agnico Eagle Mines: Agnico Eagle is a major gold mining company with operations primarily in Canada, Mexico, Finland, and Australia. Comparable as a senior gold producer with diversified geographic exposure and similar Tier-One asset focus.
- Barrick Gold: Barrick is one of the largest gold producers globally with a diversified portfolio across the Americas, Africa, and the Middle East. Joint venture partner with AngloGold Ashanti at Kibali in DRC, making them directly comparable operators in the gold mining space.
- Gold Fields: Gold Fields is a major South African-headquartered gold producer with operations across Africa, Australia, and the Americas. Comparable in scale (multi-million ounce annual production), geographic footprint, and product focus.
Emerging players
- IAMGOLD Corporation: IAMGOLD is a mid-tier gold producer with operations in the Americas and West Africa. Comparable as a gold-focused mining company with African and Americas exposure, though smaller scale than AngloGold Ashanti.
- Pan American Silver: Pan American Silver is a major silver producer with growing gold exposure. Comparable for AngloGold's silver co-production stream (3.7M oz in 2025), though their primary focus is silver rather than gold.
Broad incumbents
- Freeport-McMoRan: Freeport-McMoRan is a major diversified mining company with significant copper and gold operations globally. Comparable as a large-scale publicly traded miner, though gold is a smaller part of their portfolio than for AngloGold Ashanti.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AngloGold Ashanti social profiles
Digital presenceAngloGold Ashanti financial estimates
Financial estimateRevenue estimate
Valuation estimate
AngloGold Ashanti leadership team
Management profileNumber of profiles
Profiles4 records
AngloGold Ashanti subsidiaries and ownership
Company hierarchySubsidiaries8 records
AngloGold Ashanti funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AngloGold Ashanti M&A and investment
M&A and investmentM&A5 records
Investments10 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AngloGold Ashanti
What does AngloGold Ashanti do?
AngloGold Ashanti is a global gold mining company that operates a geographically diversified portfolio of open-pit and underground gold mines across 10 countries on four continents, producing approximately 3.09 million ounces of gold and 3.70 million ounces of silver annually. The company's core business encompasses exploration, mine development, extraction, processing, and sale of gold to refineries and the global commodity market at LBMA-linked prices.
Is AngloGold Ashanti a public or private company?
AngloGold Ashanti is a public company. It is classified as public and is currently operating.
When was AngloGold Ashanti founded?
AngloGold Ashanti was founded in 1914. It employs 5,001 to 10,000 people.
Where is AngloGold Ashanti based?
AngloGold Ashanti is headquartered in Johannesburg, South Africa, in the Africa region.
How does AngloGold Ashanti make money?
Two revenue lines are on record. Gold production and sales are the primary driver. The others are silver co-production.
Who are AngloGold Ashanti's main competitors?
Direct peers on record are Newmont Corporation, Harmony Gold Mining, Kinross Gold, Endeavour Mining, Agnico Eagle Mines, Barrick Gold and Gold Fields. Emerging players are IAMGOLD Corporation and Pan American Silver. Freeport-McMoRan is listed as a broad incumbent.
Does AngloGold Ashanti have an API?
No public API is recorded for AngloGold Ashanti.
What industry is AngloGold Ashanti in?
AngloGold Ashanti's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 21222 and its SIC code is 1040.