Regions and Operations
AngloGold Ashanti is a global gold mining company with a geographically diverse portfolio of operations and projects. We work across the full spectrum of the mining value chain, and are concerned with the impact of our activities on the diverse communities and environments in which we operate. Our goal is to create sustainable value for our shareholders, employees, and social partners through safe and responsible mining practices and capital discipline.
Individual profiles for each of AngloGold Ashanti’s operations and projects and the countries in which they are located can be found at http://www.aga-reports.com
Exploration at AngloGold Ashanti has two key high level objectives to create significant value for the company:
1. Greenfields Exploration aims to make large, high-value gold discoveries leading directly to new mines.
2. Brownfields Exploration focuses on delivering value through incremental additions to reserves in existing mines as well as new discoveries in defined areas around existing operations.
AngloGold Ashanti’s Greenfields Exploration team has been recognized as the industry’s most successful discoverer in the last fifteen years.* It has a proven track record that includes the world-class discoveries of La Colosa, Gramalote and Tropicana.
These discoveries are attributed to our committed and professional team of explorationists working on a portfolio of highly prospective and strategic ground holdings. Greenfields Exploration provides a pipeline of high-quality and rigorously prioritised exploration projects, which in turn lead towards discovery of new deposits and mines.
AngloGold Ashanti continues to actively drive the creation of value by growing its major asset, namely its Mineral Resource and Ore Reserve. This is based on a well-defined and effective brownfields exploration programme about existing operations, innovation in geological modelling and mine planning, and continual optimisation of its asset portfolio.
*MEG Gold Reserves Replacement Strategies 2012 (Major Gold Producers’ Discoveries, 1997-2011, pg. 74).