Review of operations
Introduction
AngloGold Ashanti, a global gold mining company with 20 operations on four continents, employed 62,046 people, including contractors, and produced 4.52Moz of gold in 2010.
The group’s operations are divided into the following regions:
- South Africa – includes operations in South Africa;
- Continental Africa – includes operations in Ghana, Guinea, Mali, Namibia and Tanzania;
- Australasia – includes the operation in Australia; and
- Americas – includes operations in Argentina, Brazil and the United States.
In addition, the company conducts a focused worldwide exploration programme. In the course of mining and processing the ore mined, by-products such as silver, uranium oxide and sulphuric acid occur at the Argentinean, South African and Brazilian operations respectively.
Gold production by region
Group production by mining type
Group gold production (000oz)
4,515000oz
Group cash costs ($/oz)
$638/oz
Group production costs ($/oz)
$816/oz
Group capital expenditure ($m)
$1,015m