Search this website...

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 an Ore Reserve pipeline and growing production in the long term. 

We are working to regain cost competitiveness with our peer group through the optimisation of our operating assets and by introducing new, lower cost production sources to our portfolio

A well-defined, disciplined and shareholder-focused capital allocation framework is supported by significant cash-flow generating ability, a strong balance sheet and our firm intention to return value to shareholders

Our self-generated and self-funded project pipeline, supported by medium and long-term production plans, is complemented by our proven track record of replenishing and increasing our Mineral Reserve. We aim to achieve value-accretive growth

Our ESG focus is embedded in our decision-making and in the way we work and act. It informs our plans and actions from the initial exploration, to project development and the start of mining operations, throughout the productive life of our mining assets and through to closure. Sustainability and ESG are an essential part of our business, strategy, activities and processes, driving long-term value creation and underpinning our social licence to operate

As a responsible gold miner, we aim to create long-term value for all our stakeholders in partnership with host communities and governments

2022 PERFORMANCE HIGHLIGHTS

Production [icon]

2.742Moz

Gold produced

3.6Moz

Silver produced

159t

Sulphuric acid produced

Worker [icon]

32,594

Employed on average

13,995

Permanent employees

18,599

Contractors

Stacked rocks [icon]

131.4Moz

Mineral Resource

30.4Moz

Mineral Reserve

Caring [icon]

$18m

Community investment

$4,759m

Economic value
generated

Costs [icon]

$657m

Free cash flow

$1.1bn

Capital expenditure

Cashflow [icon]

$4.5bn

Revenue generated

$1.8bn

Adjusted EBITDA

Top