Welcome to my AngloGold Ashanti Review.
(UPDATED FEBRUARY 2022)
If you are wondering what this company about and whether it is legit or a scam, then you are in the right place to look for answers.
This AngloGold Ashanti Review will tell you all about the company and all the important information regarding it.
Without further ado, let's get started.
AngloGold Ashanti Review Quick Summary
What is AngloGold Ashanti?
AngloGold Ashanti is a well-known exploration and gold mining company based in Johannesburg, South Africa.
The company's portfolio is comprised of various lucrative mining projects and other ongoing projects in 4 continents.
Furthermore, the company exercises its dominance in the market through working its way across the full mining value chain.
AngloGold Ashanti main management values are sustainability and safety, which it considers very important and vital when it comes to deciding how it carries out its activities and projects.
Under the management of the CEO, Kelvin Dushnisky, AngloGold Ashanti operates in South Africa, Brazil, United States of America, Australia, Namibia, the Democratic Republic of Congo, Guinea, Ghana and Argentina.
Each site of these nations has over 60,000 employees. Currently, the company is known to be the 3rd largest gold mining company globally, in terms of production.
AngloGold Ashanti Products
AngloGold Ashanti mainly focuses on exploring and mining for gold, which is what it is widely known for. In fact, the company is the world's third largest producer of gold.
In 2009, AngloGold Ashanti mined a total of 4.6 million ounces of gold.
Currently, the company is listed on New York, London, Johannesburg, Australian and Accra stock exchanges, as well as in Paris and Brussels bourses.
How does it work?
All of the company's activities are summarized through an overview of its asset portfolios. In December 2018, AngloGold Ashanti's portfolio already consisted of 14 operations in 9 nations, across 4 continents.
The company oversees these operations which cover relatively low-cost and long-life assets, having various orebody types.
These are all attributed to the operations because of the fact that they are located in major gold-producing regions in the world.
The company's assets were supported by three key greenfields, Quebradona, La Colosa and Gramalote. Moreover, they are situated in a tenth country and are mainly focused on the predetermined global exploration program.
In an effort to make the operations simpler, AngloGold Ashanti split them up into regions: Australasia, Americas, South Africa and Continental Africa.
In other words, the company manages its assets that support the exploration and mining of silver, uranium oxide and of course, gold.
AngloGold Ashanti Pros and Cons
- Protects its employees
- Supports diversity
- Cares for the environment
- Prioritizes sustainability
- Lacks ratings and reviews
Is AngloGold Ashanti a scam?
Let's conclude this AngloGold Ashanti Review by answering this commonly-asked question regarding it.
AngloGold Ashanti is a legit and genuine company that was formed after the merging of AngloGold Limited and Ashanti Goldfields Company Limited in 2004.
The company really takes its activities and programs seriously and aims for sustainability. Moreover, it is considered as the world's 3rd largest gold-producing company.
If it was a scam, do you think it would be recognized with that title? I don't think so.
Thank you so much for reading my AngloGold Ashanti Review! If you have any comments or questions, feel free to leave them in the comments section below!