Today we review AngloGold Ashanti for you. What is AngloGold Ashanti? How does it work? What is provided? This is just a few of the questions we help you answer today!
Name of the Company: AngloGold Ashanti
Official Website URL: https://www.anglogoldashanti.com/
CEO: Kelvin Dushnisky
There are organizations and companies that have been all about global dominance, ever since their inception. Such companies assert this dominance through trying being the largest distributors of certain products and services, through having a global footprint, or even through taking over the whole supply chain of a given product or service. Today, I will be looking at one such company, known as AngloGold Ashanti. This review will entail providing answers to the following questions:
- What is it about?
- How does it work?
- What products and services does it offer?
- Is it a genuine company?
- Are there any investment or income-generating opportunities that you can take up with this company?
- What are the unique pros and cons of AngloGold Ashanti?
- Are there better alternatives out there?
What is AngloGold Ashanti?
AngloGold Ashanti is a renowned gold mining and exploration company that has a diverse portfolio of lucrative mining projects and ongoing projects in four continents. This company asserts its dominance in the market by working across the full mining value chain. At the very core of this company’s management values are safety and sustainability, which this company deems as being quite crucial in the determination of the manner in which it will carry out its activities.
AngloGold Ashanti’s headquarters are located in Johannesburg, South Africa, from where the major decisions about this company’s operations are made. Under the able leadership of the current CEO, Kelvin Dushnisky, AngloGold Ashanti is able to consistently manage its operations in South Africa, the United States of America, Brazil, the Democratic Republic of Congo, Namibia, Mali, Australia, Ghana, Argentina and Guinea. The sites in these nations hold more than 60,000 employees who coordinate their activities to see to it that AngloGold Ashanti is ever flourishing. As of now, AngloGold Ashanti prides itself in being the 3rd largest gold mining company on a global scope, measured by production.
How does it work?
AngloGold Ashanti’s activities can be summarized by doing an overview of its portfolio of assets. By December, 2018, this company had managed to create a portfolio of 14 operations in as many as nine nations, distributed across four continents. This company oversees these operations, which comprise of long-life, and relatively low-cost assets, which have differing orebody types. This is mainly attributed to these operations being located in major gold-producing regions in the world.
AngloGold Ashanti’s assets were supported by three key greenfields (La Colosa, Gramalote, and Quebradona) which is situated in a tenth country, and is focused on its predetermined global exploration program. In order to make the management of its operations simpler, AngloGold Ashanti has its operations and greenfields projects split into the regions named: South Africa, Continental Africa, Australasia and Americas.
Simply put, AngloGold Ashanti achieves its core-business by managing its assets that support the mining and exploration of gold, silver and uranium oxide. This is depicted through how it:
– Optimizes its overhead costs and capital expenditure
– Ensures financial flexibility
– Maintains long-term optionality
– Focuses on people, as well as safety and sustainability.
– Works towards the improvement of portfolio quality
AngloGold Ashanti mainly focuses on the mining and exploration of gold, which is the reason it is has gained its popularity all over the world. As of now, AngloGold Ashanti holds the third spot amongst the world’s largest producers of gold, after its competitors, Newmont Mining and Barrick Gold. AngloGold Ashanti is able to mine several million ounces of gold on an annual basis, with its total output in 2009 being 4.6 million ounces.
If you are a stocks enthusiast, you can benefit from this company’s stocks. AngloGold is currently listed on the Johannesburg, London, New York, Australian, as well as Accra stock exchanges. It is also listed in Brussels and Paris bourses.
Is AngloGold Ashanti a Scam or Legit company?
AngloGold Ashanti is a genuine company that was formed through a merger between AngloGold Limited and Ashanti Goldfields Company Limited in 2004. There are several mentions of this company in various sites, and this works towards the provision of proof of its existence.
On Glass Door (https://www.glassdoor.com/Reviews/AngloGold-Ashanti-Reviews-E5187.htm), there are 153 reviews provided by employees who have worked in this firm. It is worth noting that the reviews are provided by reviews from the different regions in the continents it has its operations in, thus the ratings given are bound to vary. One can, however, tell that this company gives its employees a good pay, and that its managers are friendly to the staff.
AngloGold Ashanti does not offer you direct opportunities to make any investment income. The only way you can possibly earn any sort of income that is linked to the existence of this company is through trading in the stocks that it has listed on several stocks exchanges. If you are a seasoned trader, you can possibly earn an impressive amount of income through buying and holding the stocks for a defined period.
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Pros and Cons
It is always wise (and recommended) to compare the positives against the negatives to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
-Focuses on sustainability
-Tries to protect its employees
-Respects the environment
-Does not have many online reviews.
Do You Own or represent AngloGold Ashanti?
If you are a representative, or associate of AngloGold Ashanti and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of AngloGold Ashanti pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. I have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that I can recommend below:
I hope you found this short review of AngloGold Ashanti to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com