AngloGold Ashanti Snapshot
AngloGold Ashanti is contending with Newmont and Barrick to be known as the world's largest gold miner. Now ranked as the third-largest gold producer on the basis of ounces sold, it holds about 71 million ounces of proved and probable ore reserves and produces about 4.5 million ounces annually. It also sells silver, uranium, and sulfuric acid. In addition to six deep-level mines and one surface mine in South Africa, AngloGold Ashanti has mining operations in the Americas, Australia, and other areas of Africa. In all, it operates some 20 mines in 10 countries, including Argentina, Brazil, Namibia, the US, and Tanzania. The company was formed in 2004 after AngloGold Limited acquired Ashanti Goldfields Company.