View source for Company:AngloGold Ashanti

{{Short description|Gold mining company}}
{{multiple|
}}
{{Infobox company
| name = AngloGold Ashanti Limited
| logo = AngloGold Ashanti logo.svg
| logo_size = 200px
| type = Public company
| traded_as = {{jse|ANG}}<br />{{nyse|AU}}
| genre = 
| foundation = {{start date and age|2004}}<br />(by merger with Henderson Group)<!-- this parameter modifies "Founded" -->
| founder = 
| location_city = [[Place:Johannesburg|Johannesburg]]
| location_country = South Africa
| key_people = Maria Ramos<br><small>(chairman of the [[Organization:Board of directors|board]])</small><br>Christine Ramon<br><small>(Interim CEO)</small>
| area_served = Worldwide
| industry = Mining
| products = Gold<br>Silver<br>[[Chemistry:Uranium oxide|Uranium oxide]]
| revenue = {{profit}} US$4.400&nbsp;billion <small>(2020)</small>
| operating_income = {{profit}} US$1.918&nbsp;billion <small>(2020)</small>
| net_income = {{profit}} US$1.000&nbsp;billion <small>(2020)</small>
| assets = {{increase}} US$9.532&nbsp;billion <small>(2020)</small>
| equity = {{increase}} US$4.989&nbsp;billion <small>(2020)</small>
| num_employees = 70,000 – <small>June 2020</small>
| divisions = 
| website = {{URL|www.anglogoldashanti.com}}
}}

'''AngloGold Ashanti Limited''' is an independent and global [[Earth:Gold mining|gold mining]] company with a diverse high-quality portfolio of cooperation, projects and exploration activities formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation.<ref>{{Cite web |date=2023-09-25 |title=AngloGold Ashanti |url=https://www.anglogoldashanti.com/ |access-date=2023-09-29 |website=AngloGold Ashanti |language=en-ZA}}</ref> As of 2022, it was a global gold producer with 21 operations on four continents, listed on the New York, [[Place:Johannesburg|Johannesburg]], [[Place:Accra|Accra]], [[Place:London|London]] and [[Earth:Australia (continent)|Australian]] stock exchanges, as well as the [[Place:Paris|Paris]] and Brussels bourses, <ref name="3news">{{Cite web |last=Amoh |first=Emmanuel Kwame |date=2022-01-23 |title=Maxam's suspension will affect mining in Ghana - AGA Snr Manager |url=https://3news.com/maxams-suspension-will-affect-mining-in-ghana-aga-snr-manager/ |access-date=2022-01-24 |website=3NEWS}}</ref><ref>{{Cite web |title=AngloGold Ashanti Ltd |url=https://www.weforum.org/organizations/anglogold-ashanti-ltd/ |access-date=2023-09-29 |website=World Economic Forum |language=en}}</ref>  but left the Johannesburg exchange in 2023. As of May 2023, it was the world’s fourth-largest gold miner with assets in Ghana, Australia, the {{wipe|United States}} and {{wipe|Argentina}}.

In 2019, the company was claimed to be the 'most sophisticated and technologically advanced' mining operations with strict adherence to safety regulations.<ref name="myjoy">{{Cite web |title=Two of three trapped miners in AngloGold Ashanti Obuasi mine found - MyJoyOnline.com |url=https://www.myjoyonline.com/two-of-three-trapped-miners-in-anglogold-ashanti-obuasi-mine-found/ |access-date=2021-05-19 |website=www.myjoyonline.com |date=19 May 2021 |language=en-US}}</ref><ref>{{Cite web |title=Vision, mission, values |url=https://www.anglogoldashanti.com/company/vision-mission-values/ |access-date=2023-07-29 |website=AngloGold Ashanti |language=en-ZA}}</ref><ref>{{Cite web |title=Our business model |url=https://www.aga-reports.com/21/ir/our-business-model/ |access-date=2023-07-29 |website=2021 |language=en-US}}</ref>

AngloGold Ashanti has a history of gross human rights violations and causing grave environmental problems for which it won one of the Public Eye Awards.

==History==
AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of '''AngloGold''' and the Ashanti Goldfields Corporation three days earlier.<ref>[http://www.asx.com.au/asxpdf/20040427/pdf/3lcm4sthtp2jz.pdf Completion of merger of Anglogold Limited/Ashanti Goldfields] {{Webarchive|url=https://web.archive.org/web/20120616153859/http://www.asx.com.au/asxpdf/20040427/pdf/3lcm4sthtp2jz.pdf |date=16 June 2012 }} AngloGold Ashanti ASX announcement, published: 27 April 2004, accessed: 10 July 2010</ref> AngloGold had been a gold mining company based in South Africa, majority-owned by the Anglo American group. This came almost a year after the merger was announced on 16 May 2003. In the transaction, Ashanti shareholders received 0.29 ordinary shares of AngloGold for every Ashanti share.<ref name="Annualfive" >[http://www.anglogoldashanti.co.za/subwebs/InformationForInvestors/AnnualReport05/report/pdf/ar_report_2005.pdf Annual Report 2005] {{Webarchive|url=https://web.archive.org/web/20110719053855/http://www.anglogoldashanti.co.za/subwebs/InformationForInvestors/AnnualReport05/report/pdf/ar_report_2005.pdf |date=19 July 2011 }} AngloGold Ashanti website, accessed: 11 July 2010</ref>

The new company sold its Union Reef Gold Mine in the Northern Territory of Australia in August 2004, followed by the sale of the Freda-Rebecca Gold Mine in Zimbabwe a month later.<ref name="Annualfive" />

In late 2007, Mark Cutifani replaced Bobby Godsell as CEO of AngloGold Ashanti, being appointed a director of the company on 17 September 2007 and as CEO on 1 October that year.<ref name="Team" >[http://www.anglogold.com/About+our+business/ExecutiveTeam.htm Our executive team] {{Webarchive|url=https://web.archive.org/web/20100829160550/http://www.anglogold.com/About+our+business/ExecutiveTeam.htm |date=29 August 2010 }} AngloGold Ashanti website, accessed: 9 July 2010</ref>

[https://reports.anglogoldashanti.com/22/leader/alberto-calderon/ Alberto Calderon], Chief Executive Officer and Executive Director of AngloGold Ashanti. Appointed on ( September 1 2021-)<ref>{{Cite web |title=Leadership |url=https://www.anglogoldashanti.com/company/leadership/ |access-date=2023-07-29 |website=AngloGold Ashanti |language=en-ZA}}</ref><ref>{{Cite web |date=2021-07-24 |title=AngloGold Ashanti Board Appoints Alberto Calderon as CEO |url=https://miningdigital.com/supply-chain-and-operations/anglogold-ashanti-board-appoints-alberto-calderon-ceo |access-date=2023-07-29 |website=miningdigital.com |language=en}}</ref>

In 2008, AngloGold produced 4.98&nbsp;million ounces of gold from its operations, estimated to be seven percent of the global production. In 2009, the company's gold output dropped to 4.6&nbsp;million ounces.<ref name="Annualnine" /> 

As of early 2008, the company had [[Finance:Hedge|hedged]] 11.3&nbsp;million ounces of gold, under previous CEO Bobby Godsell.<ref name="aga2010">[http://www.anglogoldashanti.com/Additional/Press/2010/20101007+AngloGold+Ashanti+eliminates+hedge+book.htm AngloGold Ashanti eliminates hedge book, gains full exposure to gold] {{Webarchive|url=https://web.archive.org/web/20110904021445/http://www.anglogoldashanti.com/Additional/Press/2010/20101007+AngloGold+Ashanti+eliminates+hedge+book.htm |date=4 September 2011 }} AGA website, published: 7 October 2010, accessed: 8 October 2010</ref>

In January 2009, AngloGold Ashanti sold its 33% stake in the Boddington Gold Mine in Australia to Newmont Mining for US$1.0&nbsp;billion.<ref>[http://www.theaustralian.com.au/business/mining-energy/newmonts-14bn-stake-in-wa-mine/story-e6frg9df-1111118693349 Newmont's $1.4bn stake in soon-to-start Boddington mine] ''The Australian'', published: 29 January 2009, accessed: 14 July 2010</ref>

In February 2009, the company's Tau Lekoa Gold Mine in South Africa was sold to ''Buffelsfontein Gold Mines Limited''  with ownership being transferred on 1 August 2010.<ref>[http://www.anglogold.com/Additional/Press/2010/20100721+Tau+Lekoa+-+finalisation+of+sale.htm Tau Lekoa – finalisation of sale]  {{webarchive|url=https://web.archive.org/web/20100728091109/http://www.anglogold.com/Additional/Press/2010/20100721%2BTau%2BLekoa%2B-%2Bfinalisation%2Bof%2Bsale.htm |date=28 July 2010 }} AngloGold Ashanti website, published: 21 July 2010, accessed: 27 July 2010</ref>

In May 2010, Russell Edey, chairman of AngloGold since 2002 and, after the merger also of AngloGold Ashanti, was replaced by Tito Mboweni.<ref>[http://www.anglogoldashanti.com/subwebs/InformationForInvestors/Reports09/AnnualReport09/chairman_letter.htm Chairman’s letter] {{webarchive |url= 
 https://web.archive.org/web/20100405012516/http://www.anglogoldashanti.com/subwebs/InformationForInvestors/Reports09/AnnualReport09/chairman_letter.htm |date=5 April 2010 }} AngloGold Ashanti website, accessed: 10 July 2010</ref>

In October 2010, the company announced the elimination of the last of its hedge book. Under its new CEO, it gradually reduced the hedge to 3.22&nbsp;million. In October 2010, this remaining amount was paid off with US$2.63&nbsp;billion, or US$1,300 per ounce of gold.<ref name="aga2010"/>

In 2011, AngloGold Ashanti moved into Eritrea to explore the [[Earth:Arabian-Nubian Shield|Arabian-Nubian Shield]] for gold through a 50/50 joint venture set up in 2009 with Thani Dubai Mining.<ref name="mining">{{Cite news |date=2011-05-12 |title=AngloGold moves into Eritrea |language=en-ZA |url=https://www.miningreview.com/top-stories/anglogold-moves-into-eritrea/ |access-date=2023-05-18 |archive-date=1 December 2020 |archive-url=https://web.archive.org/web/20201201114323/https://www.miningreview.com/top-stories/anglogold-moves-into-eritrea/ |url-status=dead }}</ref>

As of the third quarter of 2014, Anglogold was the world's third-largest producer of gold, behind [[Company:Barrick Gold|Barrick Gold]] and Newmont Mining.<ref>Simon Walker, "Gold: new fundamentals, ''Engineering & Mining Journal'', Feb. 2015, v.216 n.2 p.34</ref> 

As of 2019, the company was claimed to be the 'most sophisticated and technologically advanced' mining operations with strict adherence to safety regulations.<ref name="myjoy"/>

In 2020, it sold its last South African mining assets to Harmony Gold for about [[Finance:South African rand|R]]4.4 billion. It no longer has any operations left in South Africa but remains listed on the JSE.<ref name="secc1">{{cite news |last1=Seccombe |first1=Allan |title=End of an era as AngloGold exits SA |url=https://www.businesslive.co.za/bd/companies/mining/2020-02-12-end-of-an-era-as-anglogold-exits-sa/ |access-date=13 February 2020 |work=BL Premium |agency=Business Day |date=12 February 2020}}</ref>

On 1 September 2020, Chief Financial Officer Christine Ramon became interim CEO following the resignation of Kelvin Dushnisky.<ref>{{cite news
| author       =<!--Staff writer(s); no by-line.-->
| title        = AngloGold Ashanti CEO Dushnisky steps down after two years in the role
| url          = https://www.reuters.com/article/anglogold-ashanti-ceo/update-2-anglogold-ashanti-ceo-dushnisky-steps-down-after-two-years-in-the-role-idUSL5N2F17WD
| work         = Reuters
| date         = 30 July 2020
}}</ref> There has been speculation that Dushnisky stepped down after shareholders questioned a bonus payment he received from his prior employer [[Company:Barrick Gold|Barrick Gold]] while also taking a signing bonus from AngloGold Ashanti when he was appointed CEO in 2018.<ref>{{cite news
| last1         = Njini
| first1        = Felix
| last2         = Prinsloo
| first2        = Loni
| last3         = Biesheuvel
| first3        = Thomas
| date         = 31 July 2020
| title        = World's No. 3 Gold Miner CEO to Leave After Fund Pressure
| url          = https://www.bloomberg.com/news/articles/2020-07-31/world-s-no-3-gold-miner-asked-ceo-to-leave-after-fund-pressure
| work         = Bloomberg
}}</ref>

As of May 2023, AngloGold Ashanti was the world’s fourth-largest gold miner with assets in Ghana, Australia, the US and Argentina.<ref>{{Cite web |date=2023-05-18 |title=EDITORIAL: AngloGold Ashanti exit hits hard |url=https://www.businesslive.co.za/fm/opinion/editorial/2023-05-18-editorial-anglogold-ashanti-exit-hits-hard/ |access-date=2023-05-18 |website=BusinessLIVE |language=en-ZA}}</ref> 

AngloGold Ashanti is a signatory participant of the [[Organization:Voluntary Principles on Security and Human Rights|Voluntary Principles on Security and Human Rights]].{{cn|date=May 2023}}

==Criticism==

In August 2008 British charity [[Organization:War on Want|War on Want]] published a report accusing Anglo American (who at the time owned 17% of AngloGold Ashanti) of profiting from the abuse of people in the developing countries in which the company operates.<ref name="Anglo American: The Alternative Report">{{cite web|url=http://www.waronwant.org/media/mines-firm-profits-abuse-poor|title=Anglo American: The Alternative Report|access-date=6 June 2016|archive-date=4 August 2016|archive-url=https://web.archive.org/web/20160804143556/http://www.waronwant.org/media/mines-firm-profits-abuse-poor|url-status=dead}}</ref> The company disclosed itself in 2006 or in 2008 for unacceptable safety performance in its platinum mines. Safety measures were taken.<ref>{{Cite web|url=https://www.forbes.com/lists/2007/11/biz-07women_Cynthia-Carroll_4PVY.html|archive-url=https://web.archive.org/web/20071011234217/http://www.forbes.com/lists/2007/11/biz-07women_Cynthia-Carroll_4PVY.html|url-status=dead|archive-date=11 October 2007|title=#7 Cynthia Carroll - Forbes.com|website=www.forbes.com|access-date=2019-12-05}}</ref> Additionally, in 2005 the staff of the AGA exploration team in Ituri made a US$8,000 payment to the FNI, which had been accused of committing various humans rights abuses.<ref name="kapelus">{{Cite journal |last1=Kapelus |first1=Paul |last2=Hamann |first2=Ralph |last3=O'Keefe |first3=Edward |date=May 2005 |title=Doing business with integrity: the experience of AngloGold Ashanti in the Democratic Republic of Congo * |url=https://onlinelibrary.wiley.com/doi/10.1111/j.1468-2451.2009.00711.x |journal=International Social Science Journal |language=en |publication-date=3 June 2009 |volume=57 |pages=119–130 |doi=10.1111/j.1468-2451.2009.00711.x}}</ref>

In January 2011, AngloGold Ashanti was awarded the ''Public Eye Global Award'' at the Public Eye Awards hosted with Greenpeace in Davos, Switzerland by the Erklärung von Bern, known in English as the Berne Convention.<ref>{{cite web|last1=Eye|first1=Public|title=Neste Oil and AngloGold in the Public Eye Pillory in Davos – Public Eye|url=https://www.publiceye.ch/en/media/press-release/neste_oil_and_anglogold_in_the_public_eye_pillory_in_davos/|website=www.publiceye.ch|access-date=20 April 2018}}</ref> The award has been interpreted as being for the "most irresponsible company".<ref name="AngloGold Is World’s Most Evil Company">{{cite news|last1=The Enquirer|title=AngloGold Is World's Most Evil Company|url=https://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=202199|access-date=20 April 2018|work=ghanaweb.com|agency=Ghana Web|date=30 January 2011|language=en}}</ref> The nominating organisation, WACAM (Wassa Association of Communities Affected by Mining), said the company had a history of "gross human rights violations and environmental problems."

==Key figures==
===Financial===
Financial figures for the company:<ref name="Annualnine" /><ref name="Annualfive" />
{| class="sortable wikitable"
|- align="center" bgcolor="#DAA520"
|
| '''2004'''
| '''2005'''
| '''2006'''
| '''2007'''
| '''2008'''<ref name="Annualnine" />
| '''2009'''<ref name="Annualnine" />
| '''2010'''<ref name="Annualten">{{cite web |url=http://www.anglogold.com/NR/rdonlyres/4F846FBF-E2AC-4803-9CC6-DFE377E4E2F5/0/Annualfinancialstatements2010.pdf |title=Annual Financial Statements 2010 |publisher=AngloGold Ashanti |access-date=31 August 2013 }}{{Dead link|date=January 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
| '''2011'''<ref name="Annualeleven" >[http://www.aga-reports.com/11/download/AGA-annual-integrated-report-2011.pdf Annual Report 2011] {{Webarchive|url=https://web.archive.org/web/20131204005956/http://www.aga-reports.com/11/download/AGA-annual-integrated-report-2011.pdf |date=4 December 2013 }} AngloGold Ashanti website, accessed: 30 dec '12</ref>
| '''2012'''<ref name="Annualtwelve">{{cite web |url=http://www.aga-reports.com/12/download/AGA-annual-integrated-report-2012.pdf |title=Annual Financial Statements 2012 |publisher=AngloGold Ashanti |access-date=31 August 2013 |archive-date=6 March 2015 |archive-url=https://web.archive.org/web/20150306075456/http://www.aga-reports.com/12/download/AGA-annual-integrated-report-2012.pdf |url-status=dead }}</ref>

|- align="center"
| [[Finance:Revenue|Revenue]] (US$ million)
|
|
|
| 3,113
| 3,743
| 3,961
|
|
|
|- align="center"
| Gold income (US$ million)
|
| 2,393
| 2,646
| 3,002
| 3,619
| 3,768
| 5,334
| 6,570
| 6,353
|- align="center"
| Gross loss/profit (US$ million)
|
| 109
| 277
| −248
| 594
| −578
| 1,082
| 2,623
| 2,256
|- align="center"
| [[Finance:Dividend|Dividend]]s per share (US$ cents)
| 56
| 36
| 62
| 19
| 11
| 17
| 20
| 49
| 36
|- align="center"
| Total cash cost (US$/ounce)
| 264
| 281
| 308
| 357
| 444
| 514
| 638
| 728
| 862
|- align="center"
| Total production cost (US$/ounce)
| 332
| 374
| 414
| 476
| 567
| 646
| 816
| 950
| 1,078
|- align="center"

| Employees
| 65,400
| 63,993
| 61,453
| 61,522
| 62,895
| 63,364
| 62,046
| 61,242
| 65,822
|}


===Gold production, 2004-2012===
'''Gold production figures for the company's mines since 2004 in ounces per annum were'''
{| class="sortable wikitable"
|- align="center" bgcolor="#DAA520"
| '''Mine'''
| '''Country'''
| '''2004'''<ref name="Annualfive" />
| '''2005'''<ref name="Annualfive" />
| '''2006'''<ref name="Annualsix" >[http://www.anglogold.com/NR/rdonlyres/5F4B53A4-2DE4-43EC-87AB-BDB13F5C8C1F/0/ar_report_2006.pdf Annual Report 2006] {{Webarchive|url=https://web.archive.org/web/20110707144403/http://www.anglogold.com/NR/rdonlyres/5F4B53A4-2DE4-43EC-87AB-BDB13F5C8C1F/0/ar_report_2006.pdf |date=7 July 2011 }} AngloGold Ashanti website, accessed: 11 July 2010</ref>
| '''2007'''<ref name="Annualnine">[http://www.anglogoldashanti.com/subwebs/InformationForInvestors/Reports09/AnnualReport09/f/AGA_AR09.pdf Annual Report 2009] {{webarchive|url=https://web.archive.org/web/20110912032422/http://www.anglogoldashanti.com/subwebs/InformationForInvestors/Reports09/AnnualReport09/f/AGA_AR09.pdf |date=12 September 2011 }} AngloGold Ashanti website, accessed: 9 May 2010</ref>
| '''2008'''<ref name="Annualnine"/>
| '''2009'''<ref name="Annualnine"/>
| '''2010'''<ref name="Annualten"/>
| '''2011'''<ref name="Annualeleven"/>
| '''2012'''<ref name="Annualtwelve"/>
|- align="center"
| Bibiani <sup>1</sup>
| {{Flag icon|Ghana}} Ghana
| 105,000
| 115,000
| 37,000
| ---
| ---
| ---
| ---
|- align="center"
| Brasil Mineração
| {{Flag icon|Brazil}} Brazil
| 240,000
| 250,000
| 242,000
| 317,000
| 320,000
| 329,000
|
|- align="center"
| Cerro Vanguardia <small>(92.5%)</small>
| {{Flag icon|ARG}} Argentina
| 211,000
| 211,000
| 215,000
| 204,000
| 154,000
| 192,000
|
|- align="center"
| Freda-Rebecca <sup>3</sup>
| {{Flag icon|Zimbabwe}} Zimbabwe
| 9,000
| ---
| ---
| ---
| ---
| ---
| ---
|- align="center"
| Geita
| {{Flag icon|Tanzania}} Tanzania
| 570,000
| 613,000
| 308,000
| 327,000
| 264,000
| 272,000
|
|- align="center"
| Great Noligwa
| {{Flag icon|RSA}} South Africa
| 795,000
| 693,000
| 615,000
| 483,000
| 330,000
| 158,000
|
|- align="center"
| Iduapriem
| {{Flag icon|Ghana}} Ghana
| 125,000
| 174,000
| 167,000
| 167,000
| 200,000
| 190,000
|
|- align="center"
| Kopanang
| {{Flag icon|RSA}} South Africa
| 486,000
| 482,000
| 446,000
| 418,000
| 362,000
| 336,000
|
|- align="center"
| Moab Khotsong <sup>2</sup>
| {{Flag icon|RSA}} South Africa
| ---
| ---
| 44,000
| 67,000
| 192,000
| 247,000
|
|- align="center"
| Morila <small>(40%)</small>
| {{Flag icon|Mali}} Mali
| 204,000
| 262,000
| 207,000
| 180,000
| 170,000
| 137,000
|
|- align="center"
| Mponeng
| {{Flag icon|RSA}} South Africa
| 438,000
| 512,000
| 596,000
| 587,000
| 600,000
| 520,000
|
|- align="center"
| Navachab
| {{Flag icon|Namibia}} Namibia
| 67,000
| 81,000
| 86,000
| 80,000
| 68,000
| 65,000
|
|- align="center"
| Obuasi
| {{Flag icon|Ghana}} Ghana
| 255,000
| 391,000
| 387,000
| 360,000
| 357,000
| 381,000
|
|- align="center"
| Sadiola <small>(41%)</small>
| {{Flag icon|Mali}} Mali
| 174,000
| 168,000
| 190,000
| 140,000
| 172,000
| 135,000
|
|- align="center"
| Savuka
| {{Flag icon|RSA}} South Africa
| 158,000
| 126,000
| 89,000
| 73,000
| 66,000
| 30,000
|
|- align="center"
| Serra Grande <small>(50%)</small>
| {{Flag icon|Brazil}} Brazil
| 94,000
| 96,000
| 97,000
| 91,000
| 87,000
| 77,000
|
|- align="center"
| Siguiri <small>(85%)</small>
| {{Flag icon|Guinea}} Guinea
| 83,000
| 246,000
| 256,000
| 280,000
| 333,000
| 316,000
|
|- align="center"
| Sunrise Dam
| {{Flag icon|AUS}} Australia
| 410,000
| 455,000
| 465,000
| 600,000
| 433,000
| 401,000
|
|- align="center"
| Tau Lekoa <sup>4</sup>
| {{Flag icon|RSA}} South Africa
| 293,000
| 265,000
| 176,000
| 165,000
| 143,000
| 124,000
|
|- align="center"
| TauTona
| {{Flag icon|RSA}} South Africa
| 568,000
| 502,000
| 474,000
| 409,000
| 314,000
| 218,000
|
|- align="center"
| Surface Operations
| {{Flag icon|RSA}} South Africa
| 119,000
| 95,000
| 113,000
| 125,000
| 92,000
| 164,000
|
|- align="center"
| Yatela <small>(40%)</small>
| {{Flag icon|Mali}} Mali
| 97,000
| 98,000
| 141,000
| 120,000
| 66,000
| 89,000
|
|- align="center" bgcolor="#F0DC82"
| '''Overall'''<ref>[http://www.anglogoldashanti.com/subwebs/InformationForInvestors/Reports09/AnnualReport09/five_year_summaries.htm Five-year summaries] {{webarchive |url=https://web.archive.org/web/20110912035407/http://www.anglogoldashanti.com/subwebs/InformationForInvestors/Reports09/AnnualReport09/five_year_summaries.htm |date=12 September 2011 }} AngloGold website, accessed: 10 July 2010</ref>
| '''World'''
| '''5,816,000'''
| '''6,166,000'''
| '''5,635,000'''
| '''5,480,000'''
| '''4,982,000'''
| '''4,599,000'''
|
|}
* Figures for 2004 for Freda-Rebecca, Siguiri, Bibiani, Iduapriem and Obuasi are for the period from May to December, from the merger onwards, having belonged to Ashanti Goldfields Corporation before the merger.
* Percentage figures behind names indicate the share of production of the mine belonging to AngloGold Ashanti. Production figures shown are those belonging to AngloGold Ashanti, not overall production.
* <sup>1</sup> The Bibiani Gold Mine was sold 1 December 2006.
* <sup>2</sup> The Moab Khotsong Gold Mine started production in 2006.
* <sup>3</sup> The Freda-Rebecca Gold Mine was sold 1 September 2004.
* <sup>4</sup> The Tau Lekoa Gold Mine was sold to ''Buffelsfontein Gold Mines Limited'', with ownership being transferred on 1 August 2010.

===Carbon footprint===
AngloGold Ashanti reported Total [[Earth:Carbon footprint|CO2e emissions]] (Direct + Indirect) for 31 December 2019 at 2,570 Kt (-1/ y-o-y).<ref name ="AngloGold Ashanti Total CO2e emissions for 2019Q4">{{Cite web |title=AngloGold Ashanti's Sustainability Report for 2020Q4 |archive-url=https://web.archive.org/web/20210606190052/https://www.aga-reports.com/20/download/AGA-SR20-workbook.xls |url=https://www.aga-reports.com/20/download/AGA-SR20-workbook.xls|archive-date=June 6, 2021 }} [https://analytics.exerica.com/App/Name/AngloGold%20Ashanti/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2019Q4 Alt URL]</ref>

{| class="wikitable"
|+ AngloGold Ashanti's Total [[Earth:Carbon footprint|CO2e emissions]] (Direct + Indirect) (in kilotonnes)
|-
! Dec 2016 !! Dec 2018 !! Dec 2019
|-
| 4,062<ref>{{Cite web |title=AngloGold Ashanti's Sustainability Report for 2020Q4 |archive-url=https://web.archive.org/web/20210606190052/https://www.aga-reports.com/20/download/AGA-SR20-workbook.xls |url=https://www.aga-reports.com/20/download/AGA-SR20-workbook.xls|archive-date=June 6, 2021 }} [https://analytics.exerica.com/App/Name/AngloGold%20Ashanti/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2016Q4 Alt URL]</ref> || 2,571<ref>{{Cite web |title=AngloGold Ashanti's Sustainability Report for 2020Q4 |archive-url=https://web.archive.org/web/20210606190052/https://www.aga-reports.com/20/download/AGA-SR20-workbook.xls |url=https://www.aga-reports.com/20/download/AGA-SR20-workbook.xls|archive-date=June 6, 2021 }} [https://analytics.exerica.com/App/Name/AngloGold%20Ashanti/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2018Q4 Alt URL]</ref> || 2,570<ref name="AngloGold Ashanti Total CO2e emissions for 2019Q4"/>
|}

===Fatalities===
Fatalities in the South African gold mining industry, especially the underground mines, are common. As of 2009, 100 to 120 were reported every year. This did represent an improvement since 2007: AngloGold Ashanti has reduced the number of fatalities in its operations by 70%. One of the main reasons for this development was a program led by CEO Mark Cutifani aimed at reducing the company's number of fatalities to zero by 2015.<ref>[http://news.smh.com.au/breaking-news-business/anglogold-wants-zero-mine-deaths-by-2015-20100329-r7i2.html AngloGold wants zero mine deaths by 2015] ''The Sydney Morning Herald'', published: 29 March 2010, accessed: 9 July 2010</ref> Of the 16 fatalities experienced by the company in 2009, 13 were in South Africa (2007: 27 of 34, 2008: 11 of 14).<ref name="Annualnine" /> Statistics company fatalities since 2004 founding:
{| class="sortable wikitable"
|- align="center" bgcolor=grey
| '''Year'''
| '''Number'''
| '''Change'''
|- align="center"
| 2004<ref name="Annualfive" />
| 31
| ''new company''
|- align="center"
| 2005<ref name="Annualfive" />
| 25
| 6% {{DecreasePositive}}
|- align="center"
| 2006<ref name="Annualsix" />
| 37
| 48% {{IncreaseNegative}}
|- align="center"
| 2007<ref name="Annualseven" >[http://www.anglogold.com/NR/rdonlyres/A45B67B6-4D2F-49B3-B21E-CA6C2AA89630/0/AGA_afs_2007.pdf Annual Report 2007] {{Webarchive|url=https://web.archive.org/web/20110707144521/http://www.anglogold.com/NR/rdonlyres/A45B67B6-4D2F-49B3-B21E-CA6C2AA89630/0/AGA_afs_2007.pdf |date=7 July 2011 }} AngloGold Ashanti website, accessed: 13 July 2010</ref>
| 34
| 8% {{DecreasePositive}}
|- align="center"
| 2008<ref name="Annualnine" />
| 14
| 57% {{DecreasePositive}}
|- align="center"
| 2009<ref name="Annualnine" />
| 16
| 14% {{IncreaseNegative}}
|- align="center"
| 2010 <ref name="Annualten"/>
| 15
| 16% {{DecreasePositive}}
|- align="center"
| 2011 <ref name="Annualeleven"/>
| 15
|
|- align="center"
| 2012 <ref name="Annualtwelve"/>
| 18
| 14% {{IncreaseNegative}}
|}

== See also ==
*Sam E. Jonah (ACSM), former president of AngloGold Ashanti.
*[[Chemistry:Gold as an investment|Gold as an investment]]

==References==
{{Reflist|30em}}

==Sources==
*[http://www.anglogold.com/NR/rdonlyres/1BC8B7B3-6363-48B3-AE85-B315606CF248/0/2005Jun01_SAreleaseDRC.pdf AngloGold's response to Human Rights Watch allegations (pdf)] {{Webarchive|url=https://web.archive.org/web/20061025041719/http://www.anglogold.com/NR/rdonlyres/1BC8B7B3-6363-48B3-AE85-B315606CF248/0/2005Jun01_SAreleaseDRC.pdf |date=25 October 2006 }}, 2005.
*[https://www.hrw.org/en/news/2005/06/01/dr-congo-gold-fuels-massive-human-rights-atrocities D.R. Congo: Gold Fuels Massive Human Rights Atrocities] – Human Rights Watch article
*[http://www.waronwant.org/?lid=14777 Anglo American: The Alternative Report]

==External links==
* {{Finance links
| symbol = AU
| sec_cik = AU
| google = AU
| yahoo = AU
| bloomberg = AU:US
| reuters = AU
| nasdaq = AU
}}
*[http://www.corpwatch.org/article.php?id=15118 A Glittering Demon: Mining, Poverty and Politics in the Democratic Republic of Congo] {{Webarchive|url=https://web.archive.org/web/20170819200320/http://www.corpwatch.org/article.php?id=15118 |date=19 August 2017 }}



{{DEFAULTSORT:Anglogold Ashanti}}
[[Category:Companies listed on the New York Stock Exchange]]

{{Sourceattribution|AngloGold Ashanti}}