Ashanti Goldfields Corporation
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This is the article on the mining company. For the football club of the same name see Ashanti Gold SC.
The Ashanti Goldfields Corporation was a gold mining company based in Ghana. The Ashanti mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897. The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world. The company was originally state owned, but was privatized and listed on the New York Stock Exchange. In 2004 it merged with AngloGold to create the world's second-largest gold producer, AngloGold Ashanti company. AngloGold is based in South Africa and majority-owned by Anglo American group.