AngloGold Ashanti

After delivering a strong first half performance, our AngloGold Ashanti CEO Alberto Calderon visited the Australian Business Unit where top of his agenda was a trip to the Tropicana gold mine and its renewables project. He was impressed with the size and complexity of the project and noted that it was something all employees could be proud of. The wind-solar-battery storage facility incorporates four 6MW wind turbines that are 130 metres high and span 165m in rotor diameter. Pacific Energy is integrating 24MW of wind and 24MW of solar power, along with a 13MW battery energy storage system into the existing 54MW power station at Tropicana as part of its 10-year build-own-operate agreement. The project is on track for completion in the first quarter of 2025. Alberto also toured the open pits at Tropicana and spoke to staff in town hall meetings on site and in the Perth office where he thanked them for their efforts, particularly to recover from the extreme rain event that hit both operations in March. “I’m always in awe of what our people can do,” he said. The visit was a great opportunity for employees to not only meet Alberto, but to ask questions, which he openly encouraged with frank responses on topics including geopolitics, the gold price and the importance of the resources sector to Australia’s economy.

AngloGold Ashanti has taken the next step in its decarbonisation journey by linking the Geita Gold Mine in Tanzania to the Tanzanian electricity grid, which is 45.6% supplied by hydro power sources, enabling it to cut carbon emissions from power generation at the mine. This milestone was celebrated with the grand inauguration of a state-of-the-art 33/11kv substation at our Geita mine, officiated by the Deputy Prime Minister and Minister of Energy, Hon. Dotto Mashaka Biteko (MP) witnessed by prominent Government leaders, GGML management and staff, and Geita’s community members.   Geita Gold Mining Limited (GGML) will be able to reduce fuel consumption for power generation by a significant 80%. Sourcing power from the Tanzania grid is part of the company’s strategy to transition towards cleaner sources of energy. This link to the electricity grid will see GGML reduce its carbon emissions by at least 50 Kt CO2 per annum.   AngloGold Ashanti Tanzania is continuously looking at ways to further the electrification of existing and future power load contributions to reduce scope 1 emissions, with the aim of ultimately replacing all of its diesel-generated power at the site with grid power. Scope 1 emissions are direct greenhouse emissions that occur from sources that are controlled or owned by an organization.   The project saw AngloGold Ashanti working closely with the government of Tanzania through TANESCO, the Tanzania power utility. TANESCO financed a 6.1km electricity distribution line from its Mpomvu (220/33kV) substation to a purpose-built substation at the mine. GGML financed and constructed the on-site 33/11kV 80 MVA mine sub-station with the mine planning to draw an average load of 32-34MW, supplying most of its underground mining and processing power needs. 

The renewables project at the Tropicana gold mine in Western Australia remains on track for completion in the first quarter of 2025 in what will be the first major step in AngloGold Ashanti’s decarbonisation journey. Pacific Energy is constructing the facility and will continue to operate the combined renewables-gas power station under a 10 year power purchase agreement (PPA). The wind-solar-battery storage facility is the first of its kind to be implemented within the AngloGold Ashanti group and is expected to reduce greenhouse gas emissions at Tropicana by 65,000 tonnes per annum over the 10 year life of the PPA. Tropicana is owned by AngloGold Ashanti (70% and manager) and Regis Resources Ltd Resources (30%).

AngloGold Ashanti stands behind the ICMM’s Indigenous Peoples Position Statement. Embedded in our values is understanding and respect for the values, heritage and cultures of the local indigenous communities in which we operate.

HY1 2024 Earnings release for the three months and six months ended 30 June 2024

Safety is a key value for AngloGold Ashanti and last year we saw further improvements in all our safety metrics, building on industry-wide improvements in this most important area of our work, over the past decade. We recognize that we can never be complacent and must continue working every day to ensure our operations are as safe as possible. Our teams remain committed to reaching our ultimate goal of zero harm at every one of our sites. We fully support the ICMM in its work benchmarking the 2023 safety performance of its members, in order to further improve performance.

AngloGold Ashanti hosted a Women in Mining event at its Denver headquarters last week. The “Multicultural Women in Mining – Navigating the workplace and community” event was a panel discussion with international mining professionals working in the USA. They reviewed the key cultural aspects and shared their experiences as international mining professionals entering the US workplace. These events and discussions give insight and the sharing of experiences and best practice help AngloGold Ashanti in advancing its inclusion, diversity and equity (IDE) agenda. 

Awesome News!!! We asked, they delivered! We are excited to share that Team Obuasi won the Zone III Practical Session of the The Ghana Chamber of Mines Inter-Mines First Aid and Safety Competition, with a score of 54.5 points! Their exceptional skills in emergency response were a sight to behold. Congratulations to the team! Our Oral Team is gearing up for the Zone III Oral Competition set for this Sunday, 28 July in Accra. Do stay tuned for further updates! #SafetyFirst #MiningSafety #AngloGoldAshanti #ObuasiMine Samuel Pobee, INSEAD MBA Awie Frey Ing. Joe-Steve Annan. (PE-GhIE) MSc. Oti-Boateng Williams thomas awuah Lovia Agyeiwaa Benedicta Apeku Edmund Oduro Agyei

Congratulations to Lorraine and the other members of the Kili Challenge 2024 who summited Africa’s highest peak, Mount Kilimanjaro 🗻, this morning. Lorraine Peramaul, an Environmental Specialist in AngloGold Ashanti’s Johannesburg office, and her fellow climbers reached the summit of Mount Kilimanjaro in Tanzania as part on the Geita Gold Mine Kilimanjaro Challenge. “Summited Mount Kilimanjaro at 7am after a grueling seven-hour climb. Was a hard steep icy climb. Happy to have reached the roof of Africa💥,” said Lorraine in a message. The climbers reached the Uhuru Peak (5,895m) and will then walk back to Barafu camp from the summit, taking about three hours. There they will have a well-earned short rest and collect their gear before heading down to Mweka hut (3100m). The route is not difficult and will take them down a rock and scree path into the moorland and eventually into the forest. Lorraine is sponsored by AngloGold Ashanti with a portion of the sponsorship going to GGM Kilimanjaro Challenge Against HIV & AIDS Trust. The Trust, together with key stakeholders including the Tanzania Commission for AIDS (TACAIDS), has supported more than 100 projects across Tanzania since it was founded in 2002. Whether you are a seasoned climber, or someone fit enough and who has the mental and physical stamina to summit Kilimanjaro, or a mountain biker who wants to complete a route at the base of the mountain, take a look at our website https://lnkd.in/d-9k5PME and consider registering for the 2025 challenge. #KiliChallenge2024

The Kili Challenge 2024 Continues Over the weekend and into Monday AngloGold Ashanti’s Lorraine Peramaul, an Environmental Specialist in our Johannesburg office, and her fellow climbers on the Geita Gold Mine Kilimanjaro Challenge progressed from the Machame Camp at an altitude of 2,980m through moorland habitat then into a river gorge, enjoying dinner and a well-earned rest in their tents at the Shira Camp (3,840m). On Sunday the team left the Shira Plateau to climb through a semi-desert environment towards the “sharks tooth” lava tower and then up to the base of the Arrow Glacier at 4,630m before descending to the Barranco Camp at 3,950m for the night. On Monday they reached the Karanga camp after a six-hour climb. “It was tough, with lots of steep rock climbing,” Lorraine said. Lorraine is sponsored by AngloGold Ashanti with a portion of the sponsorship going to GGM Kilimanjaro Challenge Against HIV & AIDS Trust. The Trust, together with key stakeholders including the Tanzania Commission for AIDS (TACAIDS), has supported more than 100 projects across Tanzania since it was founded in 2002. Whether you are a seasoned climber, or someone fit enough and who has the mental and physical stamina to summit Kilimanjaro, or a mountain biker who wants to complete a route at the base of the mountain, take a look at our website https://lnkd.in/d-9k5PME and consider registering for the 2025 challenge.   #Kilichallenge2024