SOUTH AFRICA: AngloGold Ashanti to issue 0m green bond by 2023

SOUTH AFRICA: AngloGold Ashanti to issue $250m green bond by 2023

The South African mining company AngloGold Ashanti wants to reduce its greenhouse gas (GHG) emissions by 30% by 2030, the equivalent of 1.4 million tonnes of CO equivalent.2. The company specializing in gold mining will soon issue a green bond worth $250 million.

The proceeds of the bonds will be used to finance renewable energy projects (solar and wind) to supply its main plant in Johannesburg as well as its numerous gold mines like Tau Tona and Dreinfontein in the province of Gauteng in Africa. of the South, of Siguiri in Guinea, of Sadiola Hills in the Kayes region of Mali or the open pit (and underground) gold mine of Obuasi in southern Ghana.

“AngloGold Ashanti est ready for to improve shas value and shas durability. A pre-feasibility study has been launched at the Cuiaba mine in Brazil to confirm the benefits of replacing the mobile fleet with battery electric vehicles. We will also work with Sandvik to test a sustainable transportation system for underground mining at the Sunrise Dam mine in Australia.»explains Alberto Calderon, Managing Director of AngloGold Ashanti.

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This green bond focused on energy efficiency will ultimately contribute to the group’s expected carbon neutrality by 2050. In South Africa, AngloGold Ashanti’s use of clean energies will contribute to the acceleration of sustainable development, in particular to through the creation of green jobs and the reduction of atmospheric pollution exacerbated by the industrial sector.

Benoit Ivan Wansi