AU 📈 AngloGold Ashanti - Overview

AngloGold Ashanti plc is a prominent gold mining company with a diverse portfolio of assets spanning across Africa, Australia, and the Americas. The company's primary focus is on gold exploration and production, with additional revenue streams generated from the production of silver and sulphuric acid as by-products. Its operations are supported by a robust infrastructure, enabling the company to maintain a significant presence in the global gold market.

The company's flagship property, the Geita mine, is a 100% owned asset located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. This mine has been a key contributor to the company's overall production, with its rich gold deposits and favorable geological conditions. AngloGold Ashanti's extensive experience in operating in Africa, combined with its technical expertise, has enabled the company to optimize production and maintain a strong operational performance at the Geita mine.

With a history dating back to 1944, AngloGold Ashanti plc has established itself as a major player in the gold mining industry. The company is headquartered in Greenwood Village, Colorado, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol AU. As a publicly traded company, AngloGold Ashanti is committed to transparency and accountability, providing investors with regular updates on its operations and financial performance. The company's website, https://www.anglogoldashanti.com, offers a wealth of information on its activities, including its sustainability initiatives and community development programs.

From a financial perspective, AngloGold Ashanti plc is classified as a common stock, with the ISIN code US0351282068. The company is categorized under the Gold sub-industry, according to the Global Industry Classification Standard (GICS). This classification reflects the company's primary business activity, which is the exploration, production, and sale of gold. As a leading gold producer, AngloGold Ashanti is well-positioned to capitalize on trends and opportunities in the global gold market, while maintaining a strong focus on operational efficiency and sustainability.