Anglogold Ashanti Limited

Anglogold was originally formed in Ghana as Ashanti Goldfields Company Limited in March 1994 though their activities date back in the 1890s. The company was listed on the GSE on the 17th Day of May 1994. AGC merged with Anglogold Limited on April 26, 2004. The merger resulted in the inception of Anglogold Ashanti. Anglogold was incorporated as Vaal Reef Exploration and Mining Company Limited in South Africa on May 29, 1944.

The main business of Anglogold Ashanti Limited is exploration, exploitation, refining and marketing of gold.

AGA has 400 million authorized shares and 350.71 million have been issued. The company also has 2 million redeemable preference shares and these authorized shares are fully issued. Furthermore, the gold mining company has 5 million redeemable preference shares of which 778,896 have been issued. AGA also has 4,185,770 ordinary shares. An has over US $2,442 million as its share capital with Anglogold America plc as its major shareholders with about 41% shaeholding.

Executive Directors

M Cutifani (CEO)
S Venkatakrishnan

Non-Executive Directors

R P Edey (Chairman)
Dr. T J Motlatsi (Deputy Chairman)
F B Arisman
J H Mensah
Prof Nkuhlu
R E Bannerman
W A Nairn (Alternate: A H Calver)
Sipho Mila Pityana