AngloGold Ashanti Review: Is this a company to invest in?

Welcome to my review of AngloGold Ashanti!

Are you interested in knowing more about this company?

Getting more information on how their business model works?

Let’s explore this gold mining company and know if this investment is for you!

Let’s review AngloGold Ashanti!

What is AngloGold Ashanti?

AngloGold Ashanti Review

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.

The company is located in South Africa. 

More so, their principal product is gold, but they also produce silver (Argentina) and sulfuric acid (Brazil) as byproducts. 

They are also considered as the third-largest gold producer globally and the largest on the African continent, producing 3.047Moz and employing an average of 36,952 people in 2020.

Mission

To create value for our shareholders, our employees, and our business, and social partners through safely and responsibly exploring, mining, and marketing our products. Our primary focus is gold, but we will pursue value-creating opportunities in other minerals where we can leverage our existing assets, skills, and experience to enhance the delivery of value.

Values

AngloGold Ashanti Review

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Portfolio of AngloGold Ashanti

AngloGold Ashanti is a global gold mining company with a geographically diverse portfolio of operations and projects.

They work across the full spectrum of the mining value chain and take cognizance of the impacts our activities have on our communities and the environment.

Africa

The Africa region comprises five operations, of which they manage four. Production from the Africa region increased to 1.603Moz in 2020 compared to 1.538Moz in 2019. This was largely due to record production at Geita, and solid performances at Kibali and Iduapriem.

AngloGold Ashanti Review

Americas

The Americas region includes three operations, featuring both open pit and underground mining – one in Argentina and two in Brazil – and two advanced greenfields projects in Colombia. The Americas region produced 649,000oz at a total cash cost of $721/oz for the year ended 31 December 2020.

AngloGold Ashanti Review

Australia

AngloGold Ashanti has two operations in its Australia region, Sunrise Dam and Tropicana, both of which are in the north-eastern goldfields of the state of Western Australia. The region produced 554,000oz in 2020.

AngloGold Ashanti Review

Mineral Resource and Ore Reserve

AngloGold Ashanti strives to actively create value by growing its major assets – the Mineral Resource and Ore Reserve.

This drive is based on active, well-defined brownfields and greenfields exploration programs, innovation in both geological modeling and mine planning, and continual optimization of the asset portfolio. Ensuring a viable Mineral Resource and Ore Reserve pipeline will enable the delivery of sustained value-adding growth in the long term.

Exploration

Their exploration programs cover Greenfields and brownfields exploration. They are based on consistent standards and processes across the AngloGold Ashanti portfolio and are guided by peer review.

GREENFIELDS EXPLORATION

Greenfields exploration aims to discover large, high-value Mineral Resource, which will eventually lead to the development of new gold mines.

BROWNFIELDS EXPLORATION

Brownfields exploration focuses on delivering value through accretive additions to the Ore Reserve at existing mines as well as new discoveries in defined areas around operations.

Technology and Innovation

AngloGold Ashanti can maintain flexibility in responding to changes in our operating environments due to technology and innovation.

They use technological innovation to implement solutions that ensure their workplaces are safe, employees are healthy, motivated, and equipped to do their jobs, and that our processes are efficiently optimized.

AngloGold Ashanti Product– Gold

Gold is a naturally occurring metal, coveted throughout history as a symbol of wealth, beauty, and an endurable form of currency.

It has many unique qualities – it is exceptionally malleable and ductile, conductive, and does not corrode or tarnish. Gold also combines well with other metals to form an alloy.

Its versatility makes it ideal for use in many industrial applications, and increasingly, its application as a nanomaterial is being used to create new solutions for different health and environmental challenges.

Investing in AngloGold Ashanti

AngloGold Ashanti presents an attractive investment value proposition.

As the world’s third-largest gold producer company, AngloGold Ashanti has a significant asset base, with detailed strategic plans to unlock and grow production to between 3.2Moz and 3.6Moz by 2025.

Key Strategic Focus Areas

  • Focus on people, safety, and sustainability
  • Ensure financial flexibility
  • Optimize overhead, costs, and capital expenditure
  • Improve portfolio quality
  • Maintain long-term optionality

Investors Always Recommend This Company! Check It Out!

Reviews and Ratings of AngloGold Ashanti

AngloGold Ashanti Review AngloGold Ashanti Review  

AngloGold Ashanti Review

What I LIKE About AngloGold Ashanti

They try to be environment-friendly

AngloGold Ashanti does mining, and mining has a direct impact on the environment due to the need to access land and water resources.

So, they have environmental management systems that enable them to proactively identify and manage the potential environmental risks associated with their activities and to meet their compliance obligations and voluntary commitments. 

They are concern about the employees and the general public

The health and safety of their employees and host communities are central to the company’s ability to operate sustainably.

So, they help build livelihoods in host communities, they work with a range of stakeholders at the local and national level, on projects and initiatives in the areas of health, education, infrastructure, and business development, among others.

What I HATE About AngloGold Ashanti

It is not for everyone

Sadly, AngloGold Ashanti is not for everyone.

You can invest through the stock market, however, the risk is that you are going to invest in a company rather than the precious metals themselves.

So, it is much riskier and you may gain or lose money anytime as compared to how precious metals maintains your portfolio.

Is AngloGold Ashanti a good buy?

Investing in AngloGold Ashanti shares is a fantastic idea, especially seeing that the company is the third biggest gold producing company in the world.

Final Thoughts

When it comes to investing our hard-earned money which we dedicate to our retirements,

It is best to protect them first then put possible gains on them with higher risks.

So, in this case, I am recommending to you the best choice there is!

GOLDCO can help you hedge your portfolio against stock market crashes through a self-directed IRA is a tool to invest in gold and offers possible tax advantages! 

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I hope you liked our review of AngloGold Ashanti! 🙂

 

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