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AngloGold Ashanti Depositary Shares
AngloGold Ashanti Limited is a global producer of gold, formed by the merger of AngloGold Limited and Ashanti Goldfields Company Limited in 2004. The company is headquartered in Johannesburg, South Africa but has gold mining operations in 10 countries, as well as several exploration programs in new and established gold producing regions of the world. AngloGold Ashanti produced 4.1Moz of gold in 2013, generating $5.5bn in gold income, utilizing $1.62bn capital expenditure. The company has an attributable ore reserve of 68Moz of gold and a mineral resource of 233Moz. AngloGold Ashanti’s main product is gold, however, revenue is also derived from the sales of silver, uranium oxide, and sulphuric acid. Its operating results can fluctuate widely owing to the price of gold.