Kibali, DRC

Kibali is a production stage property owned by Kibali Goldmines SA (Kibali) which is a joint venture company effectively owned 45% by each of Barrick Mining Corporation (Barrick) and AngloGold Ashanti, and 10% by Société Miniére de Kilo-Moto (SOKIMO). The mine is operated by Barrick.

Key metrics FY25

Ownership

45%

Barrick Mining Corporation(45%)
SOKIMO (10%)

Mineral Reserve at 31 December 2025

4.81

million ounces of gold (attributable)

Gold production

303,000

ounces (attributable)

Mine type

open pit
+ underground

Capital expenditure

151

US$ million (attributable)

Workforce

3,173

including contractors

Location

The mine is located adjacent to the village of Doko, which is located to the west of the lease area and approximately 1,800km northeast of the capital city of Kinshasa, approximately 560km northeast of the capital of the Tshopo Province, Kisangani, 1,800km from the Kenyan port of Mombasa, 1,950km from the Tanzanian port of Dar es Salaam, and 150km west of the Ugandan border town of Arua.

Mining methods and key infrastructure

Kibali is a large-scale gold operation employing a combination of open pit and underground mining methods. Multiple open pits are mined using conventional drill-and-blast with truck-and-shovel loading. A core of larger pits, Gorumbwa, KCD, and Agbarabo-Rhino, are located near the processing plant with satellite pits further to the north and east of these. Ore in the underground is mined using long hole open stoping in 35m high stopes with cemented paste fill.

The Kibali gold processing plant comprises two largely independent circuits, each designed to accommodate distinct ore types based on mineralogical and metallurgical characteristics. The Oxide and Free-Milling Circuit is designed to process oxide, transition, and free-milling ore.The Sulphide Refractory Circuit is purpose-built for the treatment of sulphide refractory ore.

This page provides a high-level summary. Investors should refer to AngloGold Ashanti’s 2025 20-F filing above for complete and detailed information.