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The proceeds will be used for general corporate purposes. Consistent with Anglo American's stated intention to dispose of this non-core holding, Anglo American no longer owns any shares in AngloGold Ashanti.
AngloGold Ashanti TypePublic companyFounded2004 (by merger with Henderson Group)HeadquartersJohannesburg , South AfricaArea servedWorldwideKey peopleMaria Ramos (chairman of the board) Christine Ramon (Interim CEO)11 more rows
Anglogold Ashanti has more than 10,000 employees. The headquarters for Anglogold Ashanti are in Johannesburg, SF. 100% of survey respondents approved of the leadership response to COVID-19.
The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world. In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation. The company was listed on the London and Ghana stock exchanges.
AngloGold Ashanti, is an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across nine countries on four continents. While gold is our principal product, we also produce silver (Argentina) and sulphuric acid (Brazil) as by-products.
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Eric Asubonteng, Managing Director, AngloGold Ashanti (Ghana); and President, Ghana Chamber of Mines | | Oxford Business Group.
Year-over-year quarterly sales growth most recently was -12.5%. There are not analysts providing consensus earnings estimates for the current fiscal year. AngloGold Ashanti Limited (ADR) currently has a 3.6% dividend yield. Our fundamental outlook for the gold sub-industry for the next 12 months is positive.
The proceeds will be used for general corporate purposes. Consistent with Anglo American's stated intention to dispose of this non-core holding, Anglo American no longer owns any shares in AngloGold Ashanti.
Our primary business activity is the exploration for, development and operation of gold orebodies to transform these into economic and social value.
Ownership of Business Gold Fields Ghana, which holds the interest in the Tarkwa mine, is owned 71.1% by Gold Fields, 18.9% by IAMGold and 10.0% by the government of Ghana.

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