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Last $9.40 USD
Change Today +0.03 / 0.32%
Volume 2.0M
AU On Other Exchanges
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As of 4:01 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

76 Jeppe Street

Newtown

Johannesburg, 2001

South Africa

Phone: 27 11 637 6000

Fax: 27 11 637 6624

ermal vein deposits containing gold and large quantities of silver, which is mined as a by-product. Ore is processed at the metallurgical plant, which has a capacity of 3,150 tonnes per day and includes a cyanide recovery facility. Brazil Brazil – AngloGold Ashanti Córrego do Sítio Mineração (AGA Mineração): AGA Mineração comprises two operational units, including the Cuiabá and the Córrego do Sítio complexes. The Cuiabá complex includes the Cuiabá and Lamego mines and the Cuiabá and Queiroz plants. Lamego is a new mine developed to mine an underground sulphide ore. The first stage of the processing of the ore from Cuiabá and Lamego mines is in the gold plant at the Cuiabá complex, where concentrate is produced. The material is then transported 15 kilometers by aerial ropeway to the Queiroz plant where milling, flotation, roasting, leaching, precipitation and refining occur. Total capacity of the complete circuit is 1.7 million tonnes per year and recoveries of 93 percent are achieved. The Córrego do Sítio operation comprises one surface (oxide) and two underground (sulphide) mines, as well as a heap leach pad and sulphide plant. Brazil – Serra Grande: Serra Grande is located in central Brazil, in the state of Goiás, approximately 5 kilometers from the city of Crixás. Serra Grande comprises three mechanised underground mines, such as Mina III (which includes orebody IV), Mina Nova (which includes the Pequizão orebody), and Palmeiras – and an open pit in the outcrop of Mina III orebodies. The annual capacity of the processing circuit, which has grinding, leaching, filtration, precipitation and smelting facilities, is 1.3 million tonnes. Reserves The combined proven and probable ore reserve of the company amounted to 57.5 million ounces as of December 31, 2014. Dispositions In 2014, the company completed the sale of Navachab gold mine in Namibia. Strategy The company’s strategic focus areas are to focus on people, safety and sustainability; improve portfolio quality; and maintain long-term optionality. Regulation The company’s operating properties are located in the state of Western Australia where tenure is issued under, and mining operations are governed by, the Mining Act 1978 (WA). CC&V’s Cresson Project is subject to various state and local permitting requirements, including permitting requirements imposed by the Colorado Mined Land Reclamation Act and Teller County. History AngloGold Ashanti Limited was founded in 1944. The company was incorporated in the Republic of South Africa in 1944.

 

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