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  September 5, 2001
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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Ashanti Goldfields Company Limited

Ashanti Goldfields Company Limited
NYSE: ASL
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 NEWS FROM THE WIRES
Four Russia telcos get ADR approval before mergers
Aug 23 2001 07:13 AM PDT

No reason to scrap Ashanti golden share-Ghana
Aug 23 2001 07:11 AM PDT

Asia Markets-Stocks firm as profit takers hit other Asian assets
Jul 31 2001 03:29 AM PDT

Ashanti says Q3 unlikely to match strong Q2
Jul 31 2001 03:28 AM PDT

Ashanti doubles profits, gold output up
Jul 30 2001 11:07 PM PDT

More WIRE STORIES about this company

 PROFILE
Ashanti Goldfields has discovered its golden opportunity in Africa. The company operates seven producing mines in Ghana, Guinea, Tanzania, and Zimbabwe. It also has six other exploration projects in Africa, as well as about 20 more out of Africa. It produces gold using both underground and surface-mining methods. The company's Obuasi mine has produced gold for more than 100 years and is still its leading producer. The company has about 195 million tonnes in proven and probable gold reserves, and it produces about 1.7 million ounces annually. British conglomerate Lonmin owns 32% of Ashanti Goldfields (which it is considering selling). Ashanti is considering selling its half of Geita (Tanzania) to Anglogold.

 COMPETITION
Barrick Gold Corporation (ABX)
Newmont Mining Corporation (NEM)
Placer Dome Inc. (PDG)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 582.20
1-Yr. Sales Growth: 0.0%
Employees: 10,500
Revenue per employee: $55,447.62

 KEY PEOPLE
• Sam E. Jonah
    CEO
• Mark B. Keatley
    CFO

 CONTACT INFO
Gold House, Patrice Lumumba Rd.
Accra, Ghana
Phone: 233-21-772190
Fax: 233-21-775947
Online: Web Site

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