Company Overview

Ashanti Goldfields Co. Ltd. was acquired by AngloGold Ltd. on 04/26/04. Ashanti Goldfields Company Limited engages in the mining and processing of gold ores, and the exploration and development of gold properties in Africa. The company conducts hedging activities in connection with its gold production. In 2002, its gold production was 1.62 million ounces. As of December 31, 2002, the company’s proven and probable gold reserves were approximately 27.8 million ounces. The company has six producing mines in four African countries: The Bibiani mine (100% interest), located in the Western Region of Ghana; the Iduapriem gold mine (80% interest), in the Western Region of Ghana; the Ayanfuri mine (1...

Ashanti Goldfields Co. Ltd. was acquired by AngloGold Ltd. on 04/26/04. Ashanti Goldfields Company Limited engages in the mining and processing of gold ores, and the exploration and development of gold properties in Africa. The company conducts hedging activities in connection with its gold production. In 2002, its gold production was 1.62 million ounces. As of December 31, 2002, the company’s proven and probable gold reserves were approximately 27.8 million ounces. The company has six producing mines in four African countries: The Bibiani mine (100% interest), located in the Western Region of Ghana; the Iduapriem gold mine (80% interest), in the Western Region of Ghana; the Ayanfuri mine (100% interest), located in central Ghana; The Siguiri mine (85% interest), located in the north-eastern part of Guinea; The Geita mine (50% interest) in Tanzania; and the Freda-Rebecca gold mine (100% interest), located in Bindura, Zimbabwe.

Key Executives for Ashanti Goldfields Co. Ltd.

Similar Private Companies By Industry

Recent Private Companies Transactions