AngloGold Ashanti plc

AngloGold Ashanti is a gold mining company that operates in Africa, Australia, and the Americas. Its primary business is the exploration and production of gold, along with by-products such as silver and sulphuric acid. The company's flagship property is the 100% owned Geita mine, located in the Lake Victoria goldfields of the Geita region in northwestern Tanzania. AngloGold Ashanti's operations span multiple continents, making it a significant player in the global gold mining industry.

AngloGold Ashanti is listed on the New York Stock Exchange (NYSE) under the ticker symbol AU. The company trades in US Dollars (USD), reflecting its listing in the United States. This provides investors with direct access to the stock in a major global currency, facilitating international investment.

AngloGold Ashanti operates in the Basic Materials sector, specifically within the Gold industry. This classification indicates that the company is involved in the extraction and processing of natural resources, with a focus on gold mining. As a gold producer, it is part of a sector that supplies raw materials essential for various industries, including jewelry, electronics, and investment.

AngloGold Ashanti is headquartered in Greenwood Village, Colorado, United States. Despite being incorporated in 1944, the company has a global footprint with mining operations in Africa, Australia, and the Americas. Its geographic diversity allows it to access gold reserves across multiple regions, reducing reliance on any single country or continent. The company's flagship Geita mine in Tanzania highlights its significant presence in Africa.

AngloGold Ashanti generates revenue primarily through the mining and sale of gold. The company explores for and extracts gold from its properties, then sells it on the open market. Additionally, it produces by-products such as silver and sulphuric acid, which contribute to its revenue streams. The flagship Geita mine in Tanzania is a key asset, but the company's operations across Africa, Australia, and the Americas provide a diversified production base. Revenue is influenced by gold prices, production volumes, and operational efficiency.