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In 2004 AngloGold Ashanti sold its entire interest in Ashanti Goldfields Zimbabwe Limited to Mwana Africa Holdings. The sole operating asset of Ashanti Goldfields was the Freda-Rebecca Gold Mine. The mine and plant complex were developed by Cluff Gold and the first gold pour took place in 1988.

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The largest gold mine in Zimbabwe, the Freda Rebecca metallurgical plant was designed to process 2.16 million metric Mi ne, producing at the rate of 2.5-metric-ton-per-year (t/yr) of tons per y ear of ore.

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The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897.

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