Gold mining companies AngloGold began in South Africa in May of 1998, when the gold and uranium mining interests of Anglo American Corporation of South Africa were consolidated. AngloGold Limited was formed in June 1998 through the consolidation of the gold interests of Anglo American Corporation of South Africa Limited (AAC) and its associated companies, namely East Rand Gold and Uranium Company Limited; Eastvaal Gold Holdings Limited; Southvaal Holdings Limited; Free State Consolidated Gold Mines Limited; Elandsrand Gold Mining Company Limited; H.J. Joel Gold Mining Company Limited and Western Deep Levels Limited into a single, focused, independent, gold company. Vaal Reefs Exploration and Mining Company Limited (Vaal Reefs), the vehicle for the consolidation, changed its name to AngloGold Limited and increased its authorised share capital, effective 30 March 1998. AngloGold acquired minority shareholders interest in Driefontein Consolidated Limited (17%); Anmercosa Mining (West Africa) Limited (100%); Western Ultra Deep Levels Limited (89%); Eastern Gold Holdings Limited (52%); Erongo Mining and Exploration Company Limited (70%)
In August 1998, AngloGold became the first South African company to list on the NYSE. AngloGold Ashanti Limited is a global gold mining company by the merger of AngloGold and the Ashanti Goldfields Corporation in 2004 AngloGold Ashanti Limited constitute mining for a gold exploration, development and production company with operations in South Africa, Ghana, Guinea, Mali, Namibia and Tanzania. The AngloGold constitute largest gold mines in the world. They are listed on the Johannesburg Stock Exchange (JSE:AGA), the New York Stock Exchange (NYSE:AU), the London Stock Exchange (LSE:AGD), the Ghana Stock Exchange (GhSE:AGA) and the Australian Securities Exchange (ASX:AGG).