AngloGold Ashanti

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

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

• Gold mining operations
• Precious metals production
• Mineral exploration services
• Underground mining extraction
• Open-pit gold mining

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. 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).
2. 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

Core 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

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Mineros S.A.minorStrategic or Co-development Partner · 9 March 2026Mineros 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 LimitedminorStrategic or Co-development PartnerCapital 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 GhanaminorStrategic or Co-development PartnerTelecel 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 CouncilcoreStrategic or Co-development PartnerAngloGold 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)coreStrategic or Co-development PartnerAngloGold Ashanti is a member of ICMM, the international body providing guidance on sustainable development issues for the mining and metals industry.
• MacmahoncoreChannel Partner/ Reseller/ DistributorMacmahon 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.
• BarmincocoreChannel Partner/ Reseller/ DistributorBarminco 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

Direct 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

• YouTubeyoutube.com/channel/UCS5VeLiSKc42MbMWyKPQyFg
• LinkedInlinkedin.com/company/anglogold-ashanti
• Xx.com/AGAshanti
• Facebookfacebook.com/108629382494273

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AngloGold Ashanti