Anglo Gold Ashanti (AGA) is the actual name of the company, after registering 2004 in Johannesburg, South Africa. It is the result of the merger between the state owned Ashanti Goldfields Corporation and the South Africa Anglo Gold Mining Company. Nowadays,it has operations in ten countries all over the world, including of course the biggest productors in Africa -Ghana, Guinea, Mali, Namibia, South Africa, Tanzania- Latin America (Argentina, Brazil, Colombia), US and Australia.
AGA is a subsidiary of the British mining giant Anglo American.
The mining concession covers an area of about 47,5 ha, and 80 communities live in a a 30 km. radious of the mine.
The forecast for the moment the mine reopens are to get a production of around 350.000 to 450.000 oz (gold ounze) in the first 10 years and a bit more, aroung 400.000 to 450.000 over the next ten, according to data published in the press.
Long term ambitions for the mine will see an average production rate of around 350,000oz to 450,000oz over the first 10 years and 400,000oz to 450,000oz over the next ten.