Global Mining Equipment Partners

To ensure we remain at the cutting edge of mining technology and efficiency, Royal Gold Ashanti works closely with some of the world’s leading manufacturers of mining equipment and mining technology firms. Our partners include:

• Caterpillar Inc.: Royal Gold Ashanti has a long-standing partnership with Caterpillar for the supply of heavy mining machinery and advanced fleet management systems. This partnership enhances our mining operations through the use of automation and real-time monitoring of mining equipment.
• Komatsu Mining Corp.: Through this alliance, we have gained access to state-of-the-art mining trucks, drill rigs, and shovels that ensure operational efficiency and safety across our sites
• Metso Outotec: This strategic partnership ensures we benefit from the latest advancements in mineral processing technologies, including innovative solutions for gold extraction, tailings management, and energy-efficient operations

Energy & Power Partners

Royal Gold Ashanti recognizes the need for a diverse and sustainable energy mix to power our operations. We are working with energy partners to reduce our carbon footprint and increase the use of renewable energy

• Enel Green Power: This partnership provides solar energy solutions for our operations in Burkina Faso, with plans to expand solar-diesel hybrid systems across other sites, significantly reducing fuel costs and greenhouse gas emissions
• Shell Energy: As a global leader in energy solutions, Shell provides fuel management services, helping us optimize fuel consumption across our mining sites and reduce reliance on non-renewable energy sources.

Local Partnerships & Community Collaboration

Royal Gold Ashanti places great emphasis on its relationships with local governments, communities, and indigenous stakeholders. We recognize that long-term success in the mining industry relies on sustainable, responsible community engagement, and the ability to work together to ensure shared value creation.

Government & Regulatory Partnerships

Royal Gold Ashanti’s operations are fully aligned with the national laws and regulations of the countries in which we operate. We maintain strong, transparent relationships with local governments to ensure smooth business operations and compliance with regulatory frameworks.

• Ministry of Mines and Energy (Ghana): Royal Gold Ashanti works closely with the Ministry to support policy development, advocate for responsible mining practices, and collaborate on environmental stewardship initiatives
• Burkina Faso Mining Authority: As part of our operations in Burkina Faso, we work hand-in-hand with the Burkina Faso Mining Authority to ensure that we meet all licensing and reporting requirements, while also contributing to the development of the country’s mining sector

<

Community Development Partnerships

Royal Gold Ashanti is committed to the empowerment of local communities surrounding our mining operations. We partner with local NGOs, grassroots organizations, and educational institutions to deliver impactful social investment programs.

• Ghana Red Cross Society: We have collaborated on several community health initiatives, providing healthcare support to mining-affected communities, including free medical checkups, maternal care, and emergency response services.
• Local Cooperatives: In Burkina Faso and Mali, Royal Gold Ashanti partners with agriculture and handicraft cooperatives to create alternative livelihoods for local populations, helping to diversify income sources beyond mining

Strategic Alliances in Exploration & Resource Development

Royal Gold Ashanti’s future growth depends significantly on the successful exploration of new resources and the development of under-exploited mining zones. We have entered into several exploration partnerships with industry-leading companies to enhance our resource base and reserve life.

Exploration Alliances

• Barrick Gold Corporation: In 2022, Royal Gold Ashanti entered into a joint venture agreement with Barrick Gold to explore underexplored greenfield projects in Ghana and Mali. This partnership provides access to world-class exploration expertise and capital investment.
• AngloGold Ashanti: We share a collaborative relationship with AngloGold Ashanti, focusing on resource exploration in regions with high geological potential, such as the Birimian Greenstone Belt.
• African Minerals Development: As part of this strategic alliance, we jointly explore and develop early-stage gold and mineral exploration projects in several African countries, sharing the cost and risk while enhancing our exploration footprint.

Partnerships for Technological Innovation

Innovation is a driving force behind our commitment to operational excellence. To remain competitive, we seek partnerships with technology innovators to integrate cutting-edge solutions into our mining processes, improving both efficiency and safety.

Technology & Innovation Collaborations

• IBM: Through this partnership, we are implementing AI-powered solutions to improve predictive maintenance of mining equipment, mine scheduling, and resource allocation, helping reduce downtime and improve production efficiency.
• Microsoft Azure: A partnership with Microsoft has allowed us to integrate cloud computing and big data analytics into our operations, enabling real-time decision-making and data-driven strategies to optimize our mining activities and enhance sustainability
• Autonomous Solutions: Royal Gold Ashanti is piloting autonomous haulage trucks at our Tarkwa North and Nzema East sites, developed in partnership with Komatsu Mining Corporation. This will allow us to further enhance operational efficiency and safety on-site.

Future Strategic Alliances & Growth

Royal Gold Ashanti’s growth strategy includes seeking strategic alliances and partnerships that will drive the company toward its vision of becoming Africa’s leading gold mining company. We remain open to collaborations that will allow us to explore new mineral-rich regions, adopt emerging technologies, and integrate best-in-class practices into our operations.

Expansion & Growth Strategy

• Partnerships for Greenfield Exploration: Royal Gold Ashanti is actively exploring joint venture opportunities in regions with untapped gold deposits, including Mozambique, Sierra Leone, and the Democratic Republic of Congo
• Strategic Acquisitions: We are pursuing acquisitions of underdeveloped mining projects in Africa with a focus on high-grade gold deposits and synergistic growth opportunities.
• Technology-Driven Partnerships: The company will continue to prioritize technology-driven alliances to remain at the forefront of sustainable mining practices, from energy efficiency to emissions reduction

Conclusion

"In our partnerships, we are not just building relationships for today — we are shaping the future of mining for generations to come."