AngloGold Ashanti — Ethics Grade D

AngloGold Ashanti receives an overall ethics grade of D (32/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 30
• privacy: 90
• consumer: 70
• environment: 25
• humanRights: 20

Documented incidents (3)

• Water Contamination in Ghana (high, 2019) — Operations at the Obuasi mine led to allegations of arsenic and cyanide contamination of local water sources. Nearby communities reported significant health declines and loss of agricultural productivity due to toxic runoff.
• Displacement of Indigenous Groups (high, 2021) — The company faced legal challenges regarding the forced relocation of traditional landholders in Guinea without adequate compensation. Human rights observers documented the destruction of homes to expand mining concessions.
• Safety Record Lapses (high, 2022) — AngloGold Ashanti reported a spike in operational fatalities in South African mines due to seismic events and falls of ground. Critics argue that safety investments have lagged behind production targets.

Documented good deeds

• Malaria Control Program — The company operates a successful malaria prevention program in Ghana, reducing infection rates significantly in mine-adjacent communities.

Ethical alternatives

• Agnico Eagle Mines — Superior safety record and community engagement protocols in North America.