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Anglogold Ashanti PLC AU

Anglogold Ashanti PLC is a United Kingdom-based independent, global gold mining company. The Company is focused on a diverse portfolio of operations, projects and exploration activities across nine countries on four continents. The Company also produces silver (Argentina) and Sulfuric acid (Brazil) as by-products. The Company’s portfolio includes Africa, the Americas, and Australia. The Company’s operations include Kibali, managed by Barrick Gold Corporation, Ghana (Iduapriem and Obuasi), Guinea (Siguiri), Tanzania (Geita) and the DRC (Kibali). The Americas hosts three of the Company’s operations, one in Argentina and two in Brazil, as well as two greenfield projects in Colombia and a new greenfield development in Nevada in the United States. Australia hosts two of the Company’s operations, which are Sunrise Dam and Tropicana, both in the north-eastern goldfields in the state of Western Australia. The Company is also advancing exploration activities in the Oko project in Guyana.


NYSE:AU - Post by User

Post by cmarketinsightson Oct 16, 2024 7:16pm
22 Views
Post# 36269133

AngloGold has expanded its footprint

AngloGold has expanded its footprint
AngloGold has expanded its footprint in the African gold mining market with the acquisition of Centamin, a major producer in Egypt. This consolidation is part of a broader trend where mining companies are looking to scale operations and reduce costs through mergers and acquisitions. Given the potential for more M&A activity in resource-rich regions like Africa, it's worth keeping an eye on juniors like Aton Resources that are operating in Egypt.
 
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