About AngloGold Ashanti
AngloGold Ashanti is an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across nine countries on four continents. We pursue value-creating opportunities involving other minerals, where we can leverage our existing assets, shareholdings, skills and experience.
Our vision
To be the leading mining company
Our mission
To create value for our shareholders, our employees, and our business and social partners by safely and responsibly exploring, mining and marketing our products.
Our values
Our six values guide all decisions made and actions taken in the conduct of our business. These values link our business activities to our environmental, social and governance (ESG) goals and commitments.
Safety
We put safety first, before anything else
Respect
We treat each other with human dignity and respect
Integrity
We are honest and true to what we commit to
Sustainability
We make a positive contribution towards an enduring world
Excellence
We focus on continuous improvement towards a high performing culture
Collaboration
We work together to build a great company
2022 at a glance
Produced 2.742Moz of gold, our principal product, and employed an average of 32,594 people (including contractors) (2021: 2.472Moz; 30,561 people)
Produced 3.6Moz of silver and 159t of sulphuric acid as by-products at our operations
Reported a significant asset base as at 31 December 2022– total gold Mineral Resource of 131.4Moz, including a 30.4Moz Mineral Reserve
Listed on the Johannesburg, New York, Australia and Ghana stock exchanges
Geographically diverse shareholder base that includes the world’s largest financial institutions
Market capitalisation of $8.1bn at 31 December 2022 (2021: $8.8bn)
Included in the JSE Top 40 Index, the S&P Global CSA, the FTSE/JSE Responsible Investment Index Series (the FTSE4Good Index), the Responsible Mining Index and the Bloomberg Gender-Equality Index 2023
Investment case
We are working to regain cost competitiveness with our peer group through the optimisation of our operating assets and by introducing new, lower cost production sources to our portfolio
A well-defined, disciplined and shareholder-focused capital allocation framework is supported by significant cash-flow generating ability, a strong balance sheet and our firm intention to return value to shareholders
Our self-generated and self-funded project pipeline, supported by medium and long-term production plans, is complemented by our proven track record of replenishing and increasing our Mineral Reserve. We aim to achieve value-accretive growth
Our ESG focus is embedded in our decision-making and in the way we work and act. It informs our plans and actions from the initial exploration, to project development and the start of mining operations, throughout the productive life of our mining assets and through to closure. Sustainability and ESG are an essential part of our business, strategy, activities and processes, driving long-term value creation and underpinning our social licence to operate
As a responsible gold miner, we aim to create long-term value for all our stakeholders in partnership with host communities and governments