21 Hrs
الاقتصادية - CNN
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الاقتصادية

2026-11-05T20:26:00.000Z

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الاقتصادية - CNN

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AngloGold ups output

AngloGold ups output

AngloGold Ashanti plans to invest about $900 million to increase its annual gold production by at least 400,000 ounces by 2030. The investment will fund expansions at the Geita mine in Tanzania, Siguiri in Guinea and Cuiabá in Brazil, as well as higher production at the Obuasi mine in Ghana. The Geita expansion is expected to cost $480 million to $580 million, while the company has allocated $200 million to $250 million for Cuiabá and $70 million for Siguiri. AngloGold Ashanti expects the expansion projects to deliver a real internal rate of return of more than 35%.

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