Greenfields projects, Colombia
Our portfolio in Colombia currently includes Quebradona in the department of Antioquia, and La Colosa in the department of Tolima which remains under force majeure. Our stake in Gramalote was sold during 2023.
Our portfolio in Colombia currently includes Quebradona in the department of Antioquia, and La Colosa in the department of Tolima which remains under force majeure. Our stake in Gramalote was sold during 2023.
Quebradona Ownership
100%
La Colosa Ownership
100%
Mineral Reserve
Mineral Reserve
Overview and locality
QUEBRADONA
The Quebradona project is situated in the Middle Cáuca region of Colombia, in the Department of Antioquia, 60km southwest of Medellín within the Municipality of Jericó. The project is 100% owned and managed by AngloGold Ashanti. Quebradona remains an attractive long-life, high-grade, low-cost project which will add copper production to our portfolio.
Since the decision by Colombia’s national environment agency (ANLA) in November 2021 to archive our environmental licence application for the Quebradona project and confirmation of this decision in April 2022, AngloGold Ashanti has been working to complete the data acquisition required onthe tunnel alignment area. In addition, an optimised feasibility study is underway to implement improvements in water management, operational flexibility, maintainability, and constructability.
AngloGold Ashanti is in the process of preparing a new Environmental Impact Assessment for the Quebradona project to submit to ANLA in 2027 in connection with its environmental licence application.
Watch: Minera de Cobre Quebradona – Mining with purpose
LA COLOSA
The La Colosa project is located approximately 150km west of Bogota, in the Tolima Department. It is a very large porphyry-style gold deposit discovered by the AngloGold Ashanti Colombia greenfield exploration group in 2006. This wholly owned project is currently under force majeure until the necessary environmental permits are issued.
Related stories
Gramalote partners with ASM
The Gramalote project in Colombia, now an equal joint venture between AngloGold Ashanti and B2Gold, is supporting a number of ASM formalisation projects. As in many areas in which AngloGold Ashanti operates, ASM has a long tradition in the area surrounding the proposed mine.
Quebradona Biodiversity Initiative
A ground-breaking plan to create and integrate a park and biodiversity centre into its Quebradona copper-gold project, in Colombia’s Antioquia province.
Diversity and inclusion at Quebradona
An interview with Carolina Sánchez, geological engineer on the role of women in mining.
Transformation fund supports businesses in Colombia
At AngloGold Ashanti’s Quebradona project in Colombia, Comfenalco Antioquia and the Pro Jericó Foundation came together at the end of 2020 to offer soft loans to entrepreneurs and small business owners. The project is called the Productive Transformation Fund and is designed to support the launch and growth of small businesses.