AngloGold Ashanti plc is a global gold mining company that explores for, mines, and markets gold and its by-products. Headquartered in Denver, Colorado, and domiciled in the United Kingdom, the company operates a geographically diverse portfolio of 11 operations across multiple countries in the Americas, Africa, and Australia.
The company's principal business activity is gold production, which accounts for the vast majority of its revenue. In 2024, AngloGold Ashanti generated $5.8 billion in revenue from product sales, driven by the sale of approximately 2.68 million ounces of gold. The company's operations are divided into managed operations and non-managed joint ventures, such as the Kibali mine in the Democratic Republic of the Congo. While gold is the primary revenue driver, the company also generates by-product revenue, with approximately 90% of its by-product revenue coming from silver sales at its Cerro Vanguardia mine in Argentina. The company also produces sulphuric acid as a by-product at certain operations.
AngloGold Ashanti's geographic footprint includes active mining operations in Argentina, Australia, Brazil, the Democratic Republic of the Congo, Ghana, Guinea, and Tanzania. The company completed a major corporate restructuring in 2023, moving its primary listing to the New York Stock Exchange and its corporate domicile to the UK, while retaining secondary listings in South Africa and Ghana. The company focuses on operational efficiency, cost control through its Full Asset Potential program, and disciplined capital allocation to maximize free cash flow and shareholder returns across varying gold price environments.
