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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Ashanti Goldfields Company Limited
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Ashanti Goldfields Company Limited |
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NEWS FROM THE WIRES |
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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 |
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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 |
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Barrick Gold Corporation (ABX)
Newmont Mining Corporation (NEM)
Placer Dome Inc. (PDG)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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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 |
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Sam E. Jonah
CEO
Mark B. Keatley
CFO
CONTACT INFO |
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Gold House, Patrice Lumumba Rd.
Accra, Ghana
Phone: 233-21-772190
Fax: 233-21-775947
Online: Web Site
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