AngloGold Ashanti at a glance - corporate profile

AngloGold Ashanti, one of the world's leading gold mining companies, has 21 operations in 10 countries on four continents. Its portfolio includes long-life, relatively low-cost assets and differing orebody types in key gold-producing regions around the globe. Activities range from deep-level hard-rock mining to open-pit mining, and include exploration, both brownfields and greenfields as well as research and development.

AngloGold Ashanti was established in April 2004 following the business combination of AngloGold Limited, a South African gold mining company, and Ashanti Goldfields Company Limited, a Ghanaian gold mining company. The business combination of two of Africa's leading gold mining companies was in line with the group's strategy of achieving geographic and orebody diversity, and resulted in an increased portfolio of shallow, low-cost surface mines.

Countries in which AngloGold Ashanti has operations are: South Africa, Argentina, Australia, Brazil, Ghana, Guinea, Mali, Namibia, Tanzania and the United States.

In 2005, total gold production increased by 6% to 6.2 million ounces, of which 2.7 million ounces (43%) came from deep-level hard-rock operations in South Africa and the balance of 3.5 million ounces (57%) from the shallower and surface operations.

The group conducts extensive exploration activities in countries as diverse as the United States (Alaska) in North America, Colombia in South America, the Democratic Republic of Congo (DRC) in Africa, and Mongolia, Russia and China in Asia.

Corporate Highlights

  • Production of 6.2 million ounces of gold in 2005 ? an increase of 6% on production in 2004
  • Capital expenditure of $722 million, primarily in South Africa, at Mponeng and TauTona and on the development of Moab Khotsong, at Obuasi in Ghana, at AngloGold Ashanti Minera??o in Brazil, Geita in Tanzania and at the Australian operation, Sunrise Dam
  • As at 31 December 2005, Proved and Probable Ore Reserves of 63 million ounces and total Mineral Resources inclusive of Ore Reserves of 176 million ounces
  • More than 60,000 people, including contractors, employed around the globe

Shareholder information

With its headquarters in Johannesburg, South Africa, AngloGold Ashanti has its primary listing in Johannesburg on the JSE (ANG). It is also listed on the following securities exchanges: New York (AU), London (AGD), Australia (AGG) and Ghana (AGA) as well as Euronext Paris (VA) and Euronext Brussels (ANG).

JSE AngloGold Ashanti share price 2005
NYSE AngloGold Ashanti share price 2005

Geographical distribution of shareholders

Annual Report 2005