Investment case
As one of the world’s largest gold producers, AngloGold Ashanti has a significant asset base, with detailed strategic plans and an investment programme underway aimed at establishing a Mineral Reserve pipeline and growing production in the long term.
As one of the world’s largest gold producers, AngloGold Ashanti has a significant asset base, with detailed strategic plans and an investment programme underway aimed at establishing a Mineral Reserve pipeline and growing production in the long term.
Salient features 2024
- In November 2024, AngloGold Ashanti concluded the $2.2bn transaction to acquire Centamin plc and its interests in the Sukari gold mine and exploration licences in Egypt as well as a greenfield project and exploration programme in Côte d’Ivoire*
- Produced 2.66Moz of gold and 3.75Moz of silver as a by-product (2023: 2.64Moz of gold and 4.70Moz of silver).
- At 31 December 2024, reported a total gold Measured and Indicated Mineral Resource of 67.1Moz, a gold Inferred Mineral Resource of 55.0Moz and a total gold Mineral Reserve of 31.2Moz with the Centamin assets accounting for a gold Measured and Indicated Mineral Resource of 2.9Moz, a gold Inferred Mineral Resource of 2.4Moz and a gold Mineral Reserve of 4.1Moz
- Included in the JSE Top 40 Index, the S&P Global CSA, the FTSE JSE Responsible Investment Index Series and the Bloomberg 2023 Gender-Equality Index
* These projects were sold to Resolute Mining Limited effective 1 May 2025. Read more about this transaction.
Gold produced | 2.66Moz |
People employed (1) (4) (5) | 39,484 |
Total Gold Mineral Reserve (5) | 31.25Moz |
Net cash inflow (2) (3) (4) (5) | $2,215m |
Capital expenditure (4) (5) | $1,215m |
Total community investment (4) (5) | $20.64m |
- Average employed, includes contractors
- Includes dividends from joint ventures
- The sum of net cash inflows from operations offset by net operational cash outflows associated with projects
- Includes corporate and non-gold producing subsidiaries
- Includes projects