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AngloGold Ashanti Production Only Down Slightly in 2016
Capital expenditure is anticipated to be between $950 million and $1.05 billion with reinvestment at Cuiaba, in Brazil; Iduapriem in Ghana, to strip waste rock from the Teberebie ore body to extend mine life, and lower cash costs; Geita, in Tanzania, to replace the mine's original 20-year old power plant to ensure reliable electricity supply, and also continue the ramp-up of underground production in advance of depletion of open-pit ore in the future; at Sunrise Dam, in Australia, where investment in plant modifications are expected to improve gold recoveries; and at Kibali, in the Democratic Republic of Congo, where additional ore reserve development will be conducted ahead of a ramp-up in underground production.
AngloGold Ashanti Production Only Down Slightly in 2016
Capital expenditure is anticipated to be between $950 million and $1.05 billion with reinvestment at Cuiaba, in Brazil; Iduapriem in Ghana, to strip waste rock from the Teberebie ore body to extend mine life, and lower cash costs; Geita, in Tanzania, to replace the mine's original 20-year old power plant to ensure reliable electricity supply, and also continue the ramp-up of underground production in advance of depletion of open-pit ore in the future; at Sunrise Dam, in Australia, where investment in plant modifications are expected to improve gold recoveries; and at Kibali, in the Democratic Republic of Congo, where additional ore reserve development will be conducted ahead of a ramp-up in underground production.
AngloGold Ashanti Production Only Down Slightly in 2016
2017
Article (Journal)
English
AngloGold Ashanti lifts outlook for Tropicana
Online Contents | 2017
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Exploration Roundup: AngloGold Ashanti Grows Reserves at Tropicana
Online Contents | 2011