Company Profile For AngloGold Ashanti Limited

AngloGold Ashanti Limited (ANGJ.J) (Johannesburg Stock Exchange)
sector: Basic Materials · industry: Precious Metals & Minerals ·
As of  27 Nov 2009
33,050.00ZAX
Price Change
-250.00
Percent Change
-0.75%
 
 
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Overview

AngloGold Ashanti Limited (AngloGold Ashanti) is a global producer of gold. AngloGold Ashanti has 21 operations and a number of exploration programs in gold-producing regions of the world. During the year ended December 31, 2008, the Company produced 4.98 million ounces of gold from its operations. AngloGold Ashanti’s main product is gold. Revenue is also derived from the sales of silver, uranium oxide and sulphuric acid. The Company sells its products on international markets. In December 2008, AngloGold Ashanti completed the purchase of Sao Bento Gold Company Limited and its wholly owned subsidiary, Sao Bento Mineracao S.A. from Eldorado Gold Corporation. Effective July 1, 2008, the Company acquired Golden Cycle Gold Corporation. In October 2009, Randgold Resources Limited and AngloGold Ashanti Limited, through their indirect jointly owned subsidiary, 0858065 BC Ltd., acquired Moto Goldmines Limited.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, AngloGold Ashanti Limited's revenues decreased 2% to RAN22.45B. Net income from continuing operations increased 24% to RAN5.9M. Revenues reflect a decrease in Gold income from Rest of Africa and North America regions. Net income reflects a decrease in cost of sales, the presence of gain on non-hedge derivatives & other commodity contracts vs. a loss and lower exploration costs.

Company Address

AngloGold Ashanti Limited
76 Jeppe Street
Newtown
Johannesburg     2001
P: +2711.6376000
F: +27637.63996400

Total Employees

62895

Find Out More About ANGJ.J

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