17 February 2017: In news just in, CRC ORE welcomes its newest Essential Participant, AngloGold Ashanti, which officially became part of the CRC ORE consortium in February.
This article was published in CRC ORE News - February 2017
AngloGold Ashanti joins CRC ORE
AngloGold Ashanti is the third-largest gold mining company in the world, measured by production. It has 17 gold mines in nine countries, as well as several exploration programs in both the established and new gold producing regions of the world.
With a portfolio of many assets and differing ore body types in key gold producing regions, AngloGold Ashanti’s operations are supported by extensive exploration activities.
AngloGold Ashanti has joined CRC ORE as part of its broader strategy of positioning the company for future growth. The company is keenly focused on its innovation agenda, a topic which it shared with attendees at the 2016 CRC ORE Annual Assembly. The company’s Senior Vice President: Strategic Technical Group, Vaughan Chamberlain, flew out from South Africa in November, giving a well-received overview of AngloGold Ashanti’s innovation program. Mr Chamberlain ended the session with the practical application of the program on their Gramalote site, generating a lot of interest from attendees.
This innovation work at Gramalote is set to continue as AngloGold Ashanti partners with CRC ORE on a project which will analyse the results of significant bulk test work and studies which indicates significant value could be obtained through the exploitation of natural grade by size deportment. CRC ORE technical specialists are working closely with AngloGold Ashanti in the development of an in-depth feasibility study for the Gramalote site.
AngloGold Ashanti sees its partnership with CRC ORE as fitting directly into its core long term strategy. According to the AngloGold team, while they remain keenly focused on ensuring the most efficient day-to-day operation of the business, they are also keeping an eye on creating a competitive pipeline of long-term opportunities.