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In January 2009, AngloGold Ashanti sold its 33% stake in the Boddington Gold Mine in Australia to Newmont Mining for US$1.0 billion. [11] In February 2009, the company's Tau Lekoa Gold Mine in South Africa was sold to Buffelsfontein Gold Mines Limited with ownership being transferred on 1 August 2010. [12]
There is a long history of mining in the area, with mining from the Ashanti region providing the gold for which the Gold Coast got its name. Large scale commercial and industrial mining began at Obuasi in 1897 with the formation of Ashanti Goldfields Corporation. [6] In 2004, Ashanti Goldfields merged with AngloGold to form AngloGold Ashanti.
In 2008, AngloGold Ashanti's Ghana operations, consisting of Iduapriem and the Obuasi Gold Mine, contributed 11% to the company's annual production. Both mines became part of AngloGold Ashanti when AngloGold merged with the Ashanti Goldfields Corporation in 2004. [3] In 2009, the mine employed 1,447 people. [1] The mine has been fatality-free ...
The Serra Grande Gold Mine is a gold mine located in Crixás in the Brazilian state of Goiás. The mine is jointly owned by AngloGold Ashanti and Kinross Gold Corporation, who share equal partnership. AngloGold Ashanti operates the mine, but revenue from the operation is evenly distributed between the two companies. [1]
AngloGold Ashanti (NYSE:AU) has announced an intent to acquire Centamin (OTC:CELTF) in an all-share deal valued at $2.5 billion. The combined entity will be the fourth-largest gold producer globally.
The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. [1] The Ashanti Mine , located at Obuasi , 56 km south of Kumasi , has been producing since 1897.
Some of the royal artefacts were stolen by British colonisers during the 19th Century Anglo-Ashanti war. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...
Morro Velho, also called AngloGold Ashanti Brasil Mineração, after its current owner AngloGold Ashanti, is a complex of gold mines located near the city of Nova Lima in Minas Gerais, Brazil. It is one of two mining operations of the company in Brazil, the other being the Serra Grande Gold Mine .