AngloGold Ashanti Colombia

What AngloGold Ashanti Colombia does

AngloGold Ashanti Colombia S.A.S. is a Medellín-headquartered subsidiary of the global gold mining corporation AngloGold Ashanti, operating in Colombia for over two decades with a focused footprint in the Suroeste Antioqueño region for more than 14 years. Its principal operational entity is Minera de Cobre Quebradona S.A.S. BIC, a copper mining exploration project held under mining title 5881 issued by the Agencia Nacional de Minería. The project remains in the exploration phase, with environmental studies, groundwater monitoring via piezometers, and ecosystem restoration programs (including an ICA-accredited native-tree nursery) supporting future production-stage permitting.

The company's business model is not yet revenue-generating; future cash flows are expected from the sale of copper and related minerals once exploration concludes and an Environmental Impact Assessment (EIA) is secured. In the interim, the entity operates a substantial social-investment platform — including 14 programs reaching over 6,000 people annually, support for 250 schoolchildren's transport, 1,800 athletes, 45 rural families generating COP $111.7M in agricultural sales, and a 299-supplier local procurement network — and is structured as a Sociedad de Beneficio e Interés Colectivo (BIC), formally codifying community benefit into its corporate purpose. Strategic partnerships with the Universidad Nacional de Colombia, the Cámara de Comercio de Medellín, Corantioquia, and municipal governments anchor its stakeholder model.

In December 2025, the company received an adverse ANM resolution (VSC-3198) denying a fourth extension of the exploration stage for mining contract HHII-13, which the company has stated it will contest through legal remedies. The resolution of this regulatory challenge is a binary determinant of the project's near-term continuity and represents the most material risk to the entity's strategic trajectory.

Name

AngloGold Ashanti Colombia

Legal name

AngloGold Ashanti Colombia S.A.S.

Website

https://anglogoldashanticolombia.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

AngloGold Ashanti Colombia S.A.S. is a Medellín-based subsidiary of AngloGold Ashanti operating the Minera de Cobre Quebradona copper exploration project in the Suroeste Antioqueño under mining title 5881, structured as a BIC entity with deep community and environmental programs pending future production-stage permitting.

Ownership category

akta.pro rank

Product category

Copper Mining

NAICS

Other Metal Ore Mining (212290), Support Activities for Metal Mining (213114)

SIC

Metal Mining (1000)

akta.pro primary industry

Copper Exploration & Resource Development (IMAKADAA)

akta.pro secondary industry

Environmental, Permitting & Closure Services (EIA, Compliance Monitoring, Reclamation Execution) (IMAKAKAJ)

Keywords

• Copper mining exploration
• Mining concession operations
• Environmental restoration programs
• Community engagement mining
• Local supplier development

Headquarters

HQ city

Medellín

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain, Others

Revenue model

1. Copper Mining Production (Future): Minera de Cobre Quebradona is currently in the exploration phase under title minero 5881. Once exploration concludes and necessary environmental permits (EIA) are obtained, the company expects to enter copper production. Revenue will be generated from the sale of copper and related minerals extracted from the Quebradona project.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

AngloGold Ashanti Colombia, through its subsidiary Minera de Cobre Quebradona S.A.S. BIC, operates the Quebradona copper mining exploration project under mining title 5881 in Jericó, Antioquia. The company is currently in the exploration phase and expects to enter copper production upon receiving required environmental permits. Operations are structured as a Sociedad de Beneficio e Interés Colectivo (BIC), integrating social investment, environmental stewardship, and community development programs alongside the core mining activity.

Product overview

AngloGold Ashanti Colombia operates as a mining exploration company with its primary focus on the Minera de Cobre Quebradona S.A.S. BIC copper mining project in Jericó, Antioquia. The company structures its operations around three interconnected pillars: the core mining exploration project under mining title 5881, social programs that include community development, education, sports and cultural initiatives, and environmental programs focused on ecosystem restoration and water management. The company's BIC (Beneficio e Interés Colectivo) status reflects its commitment to generating collective benefit for the Southwest Antioquia territory through transparent management and sustainable practices. Additional offerings include the Fundación ProJericó foundation for social investment and a Local Supplier Development Program supporting regional economic growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Minera de Cobre Quebradona S.A.S. BIC A copper mining exploration and future production project in the Suroeste Antioqueño region of Colombia, structured under BIC standards integrating community benefit, environmental protection, and economic sustainability. Once in production, copper and related minerals will be sold to industrial buyers and commodity markets.

Quantifiable outcome

• 299 local suppliers in the Suroeste Antioqueño region
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• CorantioquiacoreStrategic or Co-development Partner · 25 June 2026Corantioquia (Corporación Autónoma Regional del Centro de Antioquia) and Minera de Cobre Quebradona signed a voluntary agreement (Acuerdo de Voluntades) focused on four lines of action: environmental education and community participation, biodiversity conservation, territorial sustainability, and knowledge management (Red Piragua). The agreement aligns with Corantioquia's Regional Environmental Management Plan (PGAR 2020-2031) and Four-Year Action Plan 'Conectados por la vida' (2024-2027).
• Corporación Correcaminos de El RetirominorGTM or Marketing Partner · 18 November 2025Minera de Cobre Quebradona supported the maintenance of 145 bicycles (75 in Jericó and 70 in Caramanta) under the 'Explorando en Bici' program initiated by Corporación Correcaminos de El Retiro. The program delivers bicycles in loan (comodato) to remote and vulnerable communities in Colombia. Quebradona contributed COP $25,868,000 for annual maintenance through the local workshop Rotam Bike.
• Cámara de Comercio de Medellín para AntioquiacoreStrategic or Co-development Partner · 31 October 2025Minera de Cobre Quebradona and the Cámara de Comercio de Medellín partnered on a Local Supplier Development and Strengthening Program. The program provides local businesses in Fredonia, La Pintada, and Jericó with productive incentives (equipment, tools, machinery), technical assistance, business advisory services, and training in innovation, formalization, and sustainability. Over 70 businesses applied in 2025, with 14 receiving first-round incentives and 16 more scheduled for a second round.
• Junta de Acción Comunal de Puente IglesiasminorGTM or Marketing Partner · 28 October 2025Minera de Cobre Quebradona partnered with the Junta de Acción Comunal de Puente Iglesias (Fredonia) to install solar panels providing electricity to six households that had gone without power for over 30 years. The initiative supports the energy transition and aligns with the copper mining project's connection to renewable energy infrastructure.
• Universidad Nacional de Colombia - Facultad de Minas MedellíncoreStrategic or Co-development Partner · 13 December 2016AngloGold Ashanti Colombia and the Universidad Nacional de Colombia (Medellín campus Faculty of Mines) signed a framework cooperation agreement to promote scientific mining research, with emphasis on Antioquia and Tolima departments. The partnership covers joint research on low-impact mining alternatives, sustainability, community engagement in mining processes, student internships, and shared seminars and conferences. The university also serves as an independent validator of the company's community and environmental processes.
• Liga Antioqueña de GimnasiaminorGTM or Marketing PartnerIn partnership with the Liga Antioqueña de Gimnasia, 50 children from the urban area of Jericó receive daily technical gymnastics training, and 15 women from the corregimiento of Palocabildo participate in physical conditioning and healthy habits programs.

Scale indicators8 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Glencore: Major diversified miner and commodity trader with significant copper mining and trading operations across the Americas. Comparable as a broad incumbent with copper exposure, Latin American footprint, and complex community/regulatory dynamics.
• Codelco: Chilean state-owned copper mining company and the world's largest copper producer. Comparable as a long-life, large-scale copper operator managing intensive community and environmental programs in South America.
• Freeport-McMoRan: World's largest publicly-traded copper producer, operating Grasberg and major South American assets. Comparable as a tier-1 copper miner with extensive community and ESG programs and exposure to Latin American jurisdictions.
• BHP Group: Largest diversified miner globally, with major copper operations (Escondida, Pampa Norte, Olympic Dam). Comparable as a global incumbent with copper growth projects and structured social investment in host regions.
• Southern Copper: One of the world's largest integrated copper producers operating Toquepala, Cuajone and El Arco in Latin America. Comparable as a Latin American copper incumbent with large open-pit operations and significant community engagement obligations.
• Teck Resources: Diversified miner with major copper operations (Quebrada Blanca, Carmen de Andacollo). Comparable as a copper-heavy operator with Latin American assets and a comparable ESG/community relations profile.

Emerging players

• Cordoba Minerals: Exploration-stage company focused on copper-gold projects in Colombia, including the San Matías copper-gold project in Antioquia. Comparable as a Colombian-focused copper-gold explorer at a similar stage of project development as Quebradona.

Direct peers

• Anglo American plc: Global diversified major with significant copper exposure (e.g., Quellaveco, Los Bronces) and a similar Anglo heritage. Comparable as a tier-1 mining parent operating large-scale, long-life copper assets with structured community engagement programs.
• First Quantum Minerals: Mid-cap copper-focused miner with Cobre Panamá and African copper assets. Comparable as a copper-centric operator navigating complex community, regulatory and political risk in its host jurisdictions, similar to Quebradona's profile in Antioquia.

Regional players

• Gran Colombia Gold: Colombian-focused gold and silver producer operating the Segovia and Marmato mines. Comparable as a Colombia-headquartered mining operator facing similar regulatory, community, and security dynamics in Antioquia and surrounding regions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AGAColombia
• LinkedInlinkedin.com/company/anglogold-ashanti-colombia

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about AngloGold Ashanti Colombia