When was anglogold ashanti established

We operate and maintain mining and processing infrastructure and equipment, and ensure a skilled and trained workforce to enable cost-efficient, safe operations.

We sell gold and by-products to generate revenue. Our solid financial management and disciplined capital allocation ensures positive, sustained cash flow and returns. Develop and maintain constructive stakeholder relations to support our regulatory and social licences to operate; minimise and mitigate our environmental impact and manage closure responsibly and in line with our values.

AngloGold Limited was founded in June with the consolidation of the gold mining interests of Anglo American. Thereafter, Anglo American continued to implement small sales of its remaining interest in AngloGold Ashanti via the market and in March , sold its remaining interest. AngloGold Ashanti subscribed for a AngloGold Ashanti completed a substantial restructuring of its hedge book in January It acquired an effective 8.

AngloGold Ashanti U. AngloGold Ashanti signed a Heads of Agreement with Antofagasta plc to jointly explore a highly prospective belt in Southern Colombia for new gold and copper deposits. AngloGold Ashanti disposed of its entire business undertaking, related to the Bibiani mine and Bibiani North prospecting permit to Central African Gold plc. AngloGold Ashanti entered into a strategic alliance with Russian gold and silver producer, OAO Inter-Regional Research and Production Association Polymetal Polymetal , in terms of which Polymetal and AngloGold Ashanti would co-operate in exploration and the acquisition and development of gold mining opportunities within the Russian Federation.

It ranks third internationally in terms of production. Although the merger was announced in , it was only approved by the Ghanaian judiciary a year later. Ashanti shareholders were awarded 0. The company is committed to responsible corporate citizenship, its behaviour should reflect its values and concern for all stakeholders.

It believes that the wellbeing of society and the natural world is crucial to the continued success of its business. It endeavors to operate sensitively and partner with communities to create a sustainable symbiosis.

Sustainability is a core value.