World's fourth-largest gold producing firm commits $900 million to expand gold mines in Tanzania, Guinea and Brazil as it seeks to add 400,000 ounces to annual output

Business Insider AfricaAdekunle Agbetiloye · 5 November 2026 at 20:12

AngloGold Ashanti plans to invest approximately $900 million to increase annual gold production by at least 400,000 ounces by the end of the decade, targeting expansions at existing mines in Tanzania, Guinea and Brazil as it seeks to strengthen its global production base.

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