Our journey so far.

The AngloGold journey began in South Africa in May of 1998, when the gold and uranium mining interests of Anglo American Corporation of South Africa were consolidated. In August 1998, AngloGold became the first South African company to list on the NYSE.


Anglo American started reducing its stake in AngloGold Ashanti in April 2006 via equity placement. Thereafter, Anglo American continued to implement small sales of its remaining interest in AngloGold Ashanti via the market and in March 2009, sold its remaining interest.


AngloGold Ashanti remains an independent gold producer, with no dominant investor and a diverse spread of shareholders which count among the world’s largest financial institutions

Current profile

AngloGold Ashanti, headquartered in Johannesburg, South Africa, is a global gold company with a portfolio of long-life, relatively low-cost assets and differing orebody types in key gold producing regions. The company’s 14 operations are located in 9 countries (Argentina, Australia, Brazil, Ghana, Guinea, Mali, the Democratic Republic of the Congo, South Africa, and Tanzania), and are supported by extensive exploration activities, including greenfields exploration programme in Colombia, the tenth country in which have presence.


The primary listing of the company’s ordinary shares is on the JSE Limited (JSE) in South Africa. Its ordinary shares are also listed on stock exchanges in New York in the form of American Depositary Shares (ADSs), in London, Paris and Ghana, as well as being quoted in Brussels in the form of International Depositary Receipts (IDRs), in Australia, in the form of Clearing House Electronic Subregister System Depositary Interests (CDIs) and in Ghana, in the form of Ghanaian Depositary Shares (GhDSs).


AngloGold Ashanti Limited (Registration number 1944/017354/06) was incorporated in the Republic of South Africa in 1944 under the name of Vaal Reefs Exploration and Mining Company Limited and operates under the South African Companies Act 71 of 2008, as amended.

Group information

AngloGold Limited was founded in June 1998 with the consolidation of the gold mining interests of Anglo American. The company, AngloGold Ashanti as it is now, was formed in April 2004 following the business combination of AngloGold Limited (AngloGold) with Ashanti Goldfields Company Limited (Ashanti).


Today, AngloGold Ashanti is the third largest gold producing mining company in the world.

  • 1998

    AngloGold Limited was formed in June 1998 through the consolidation of the gold interests of Anglo American Corporation of South Africa Limited (AAC) and its associated companies, namely East Rand Gold and Uranium Company Limited; Eastvaal Gold Holdings Limited; Southvaal Holdings Limited; Free State Consolidated Gold Mines Limited; Elandsrand Gold Mining Company Limited; H.J. Joel Gold Mining Company Limited and Western Deep Levels Limited into a single, focused, independent, gold company. Vaal Reefs Exploration and Mining Company Limited (Vaal Reefs), the vehicle for the consolidation, changed its name to AngloGold Limited and increased its authorised share capital, effective 30 March 1998. AngloGold acquired minority shareholders interest in Driefontein Consolidated Limited (17%); Anmercosa Mining (West Africa) Limited (100%); Western Ultra Deep Levels Limited (89%); Eastern Gold Holdings Limited (52%); Erongo Mining and Exploration Company Limited (70%).

  • 1999

    Acquisition of non-controlling shareholders interest in Driefontein Consolidated Limited (17%); Anmercosa Mining (West Africa) Limited (100%); Western Ultra Deep Levels Limited (89%); Eastern Gold Holdings Limited (52%); Erongo Mining and Exploration Company Limited (70%). Purchased Minorco’s gold interests in North and South America. Acquisition of Acacia Resources in Australia.

  • 2000

    Acquired: a 40% interest in the Morila mine in Mali from Randgold Resources Limited. a 50% interest in the Geita mine in Tanzania from Ashanti Goldfields Company Limited (Ashanti). a 25% interest in OroAfrica, South Africa’s largest manufacturer of gold jewellery and a 33% holding in Gold Avenue, an e-commerce business in gold.

  • 2001

    AngloGold sold the Elandsrand and Deelkraal mines to Harmony Gold Mining Company Limited (Harmony); disposed of its interests in No. 2 Shaft Vaal River Operations to African Rainbow Minerals (ARM) and made an unsuccessful take-over bid for Normandy Mining Limited.

  • 2002

    Sold the Free State assets to ARM and Harmony. Acquired an additional 46.25% of the equity, as well as the total loan assignment, of Cerro Vanguardia SA from Pérez Companc International SA, thereby increasing its interest in Cerro Vanguardia to 92.5%. AngloGold disposed of its wholly owned subsidiary, Stone and Allied Industries (O.F.S.) Limited.

  • 2003

    During 2003 the following corporate activities took place: AngloGold disposed of its wholly owned Amapari project to Mineração Pedra Branca do Amapari. AngloGold finalised the sale of its 49% stake in the Gawler Craton Joint Venture, including the Tunkillia project located in South Australia to Helix Resources Limited. Concluded the sale of its interest in the Jerritt Canyon Joint Venture to Queenstake Resources USA Inc. Disposed of its entire investments in East African Gold Mines Limited and in Randgold Resources Limited. Purchased a portion of the Driefontein mining area in South Africa from Gold Fields Limited.

  • 2004

    AngloGold sold its Western Tanami project to Tanami Gold NL in Australia. The business combination between AngloGold and Ashanti Goldfields Company Limited was completed, resulting in the company changing its name to AngloGold Ashanti Limited. AngloGold Holdings plc, a subsidiary of AngloGold, completed an offering of $1 billion principal amount 2,375% convertible bonds, due 2009 and guaranteed by AngloGold Ashanti. AngloGold Ashanti acquired a 29.8% stake in Trans-Siberian Gold plc (TSG). AngloGold Ashanti sold its Union Reefs assets to the Burnside Joint Venture, comprising subsidiaries of Northern Gold NL (50%) and Harmony (50%) AngloGold Ashanti disposed of its entire interest in Ashanti Goldfields Zimbabwe Limited to Mwana Africa Holdings (Proprietary) Limited. AngloGold Ashanti subscribed for a 12.3% stake in the expanded issued capital of Philippines explorer Red 5 Limited. AngloGold Ashanti sold its 40% equity interest in Tameng Mining and Exploration (Pty) Limited of South Africa (Tameng) to Mahube Mining (Pty) Limited.

  • 2005

    Completed a substantial restructuring of its hedge book in January 2005. AngloGold Ashanti signed a three-year $700 million revolving credit facility. Sold exploration assets in the Laverton area in Australia. Aflease Gold and Uranium Resources Limited purchased from AngloGold Ashanti, its Weltevreden mine. Disposed of its La Rescatada project to ARUNANI SAC, a local Peruvian corporation, with an option to repurchase 60% of the project should economically viable reserves in excess of 2 million ounces be identified within three years. Acquired an effective 8.7% stake in China explorer, Dynasty Gold Corporation.

  • 2006

    AngloGold Ashanti raised $500 million in an equity offering. AngloGold Ashanti acquired two exploration companies, namely Amikan and AS APK from TSG as part of AngloGold Ashanti’s initial contribution towards its strategic alliance with Polymetal. AngloGold Ashanti and B2Gold (formerly Bema Gold) formed a new company to jointly explore a select group of AngloGold Ashanti’s mineral opportunities located in northern Colombia, South America. AngloGold Ashanti (U.S.A.) Exploration Inc, International Tower Hill Mines Ltd (ITH) and Talon Gold Alaska, Inc. (Talon), a wholly owned subsidiary of ITH, entered into an Asset Purchase and Sale and Indemnity Agreement whereby AngloGold Ashanti sold to Talon a 100% interest in six Alaskan mineral exploration properties and associated databases in return for an approximate 20% interest in ITH. AngloGold Ashanti signed a Heads of Agreement with Antofagasta plc to jointly explore a highly prospective belt in Southern Colombia for new gold and copper deposits. Both AngloGold Ashanti and Antofagasta will have the right to increase their interests by 20% in copper-dominant and gold dominant properties subject to certain conditions. AngloGold Ashanti disposed of its entire business undertaking, related to the Bibiani mine and Bibiani North prospecting permit to Central African Gold plc. AngloGold Ashanti entered into a 50:50 strategic alliance with Russian gold and silver producer, OAO Inter-Regional Research and Production Association Polymetal (Polymetal), in terms of which Polymetal and AngloGold Ashanti would co-operate in exploration and the acquisition and development of gold mining opportunities within the Russian Federation. AngloGold Ashanti implemented an empowerment transaction with two components: the development of an employee share ownership plan (ESOP) and the acquisition by Izingwe Holdings (Proprietary) Limited (an empowerment company) of an equity interest in AngloGold Ashanti.

  • 2007

    On 8 June 2007, AngloGold Ashanti announced that it would sell, subject to certain conditions, to a consortium of Mintails South Africa (Pty) Limited / DRD South African Operations (Pty) Limited Joint Venture most of the remaining moveable and immovable assets of Ergo, the surface reclamation operation east of Johannesburg, discontinued in March 2005. The site is currently being rehabilitated by AngloGold Ashanti. The joint venture will operate, for its own account, under the AngloGold Ashanti authorisations until new order mining rights have been obtained and transferred to the joint venture. A specific exclusion from the sale to the joint venture is the Brakpan Tailings Storage Facility which would continue to be rehabilitated by AngloGold Ashanti. The company completed the acquisition of minority interests previously held by the Government of Ghana (5%) and the International Finance Corporation (10%) in the Iduapriem and Teberebie mine effective 1 September 2007 for a total cash consideration of $25 million. Iduapriem and Teberebie are now wholly owned by AngloGold Ashanti.

  • 2008-2014

    During this period the following events took place: Acquired 100% Golden cycle, now own 100% of CC&V July 2008 ($103m) and acquired 100% of Sao Bento for $70 million (Dec 2008). Sold Nufcor International Limited for $50m to increase exposure to uranium prices. Anglo American Plc sells last remaining shares in AngloGold Ashanti in March 2009. Sold 33.33% Boddington stake to Newmont for approximately $1.1bn, completed in June 2009 and acquired 45% interest in Moto JV ($300m; Oct 2009). Sold Tau Lekoa to Simmer & Jack Mines limited for approximately $64m (Jan 2010). Sold 10.17% B2Gold stake for C$70m in November 2010. Sold Ayanfuri royalty for $35m. Acquired 50% interest in MSG for $220m (June 2012); and acquired 100% MWS for $350m (July 2012). Sold Navachab mine in Namibia to a wholly-owned subsidiary of QKR Corporation Limited in February 2014, full transaction completed in July 2014.

  • 2015

    Sold the Cripple Creek & Victor mine in the United States to Newmont Mining Corporation for US$820m in cash, plus a net smelter return royalty. ​​​ ​

  • 2018

    Sold the Vaal River assets which include the Kopanang, Moab Khotsong mines as well as AngloGold Ashanti’s entire interest in Nuclear Fuels Corporation of South Africa Proprietary Limited (“Nufcor”); and in Margaret Water Company. TauTona mine (including the Savuka section) was put into orderly closure.