Director: Tenement Management

Website: www.anglogoldashanti.com     

Requirement: Must have valid U.S. work authorization to be considered

SUMMARY/OBJECTIVE OF ROLE:

Context:  AGA records and manages all tenements to protect investments in exploration and mining activities.

Purpose: Lead the development of a Global Tenement Management system and provide ongoing governance of the site/BU management of all statutory and company requirements related to AGA’s portfolio of global tenements.

ACCOUNTABILITIES:

Safety Accountabilities:

• Demonstrate and encourage a proactive safety culture within the team and the organization.
• Ensure rapid and effective communication of significant incidents to the SVP Group Strategic Planning.
• Identify safety risks and resolve emerging, escalating, and safety risks that impact other areas.
• Ensure appropriate resources are applied to achieve safety objectives.
• Model behavior consistent with the AGA Safety Vision, Values, and Procedures.

Work Accountabilities:

• Deliver global tenement management system (from initial application to exit).
• Design and govern the tenement framework, standards, and systems for operating approvals, including permits, licenses, internal and statutory approvals, consents, and authorizations.
• Execute tenement-related due diligence reviews for prospective exploration, merger, and acquisition projects.
• Govern the royalty register and payment obligations.
• Govern the exploration agreements register.

People Accountabilities:         

• Maintain the health of Discipline within the Tenement management function.
• Guides the operating structures responsible for Tenement management.

Financial Accountabilities:      

Establish, maintain, and govern process workflows in the Tenement Management system to ensure all commitments are paid before the stipulated due dates, which includes:

• All taxes and royalties as required by the mineral laws of the operating jurisdiction.
• All compensations by the agreements formed with third parties concerning land usage.
• Collate and store all financial documents showing proof of tenement payments.
• Record any incoming royalty payments from the sale of exploration land or mining operations.

All operations have budgeted for an operational tenement management system to be rolled out during 2024 and 2025 (similar to that established at Geita Mine). The central tenement management office will support the project management of this rollout. This amounts to a total indirect budget of 733k US dollars.

The central tenement management office will also project manage the rollout of a corporate tenement management governance system. This amounts to a total direct budget of 70k US dollars.

Stakeholder Accountabilities: 

Corporate Office

• Chief Development Officer (for Mergers, Acquisition, Divestments. Major Projects & Greenfields Exploration)
• Chief Financial Officer (for Royalty streams)

Operations

• Business unit SVPs
• General Managers
• Business Unit Finance teams
• Business Unit Exploration

• Greenfields Exploration teams
• Major Projects teams

External:

Compliance/Governance Accountabilities:

• Comply with all applicable AGA policies and procedures.

REQUIRED GENERAL KNOWLEDGE & EXPERIENCE:

Person Specification:

• Knowledgeable in legal dealings and agreements used by exploration and mining companies.
• Sound knowledge of appropriate compliance standards with statutory requirements relating to tenement matters. In addition, a familiarity with the form and structure of commercial agreements (e.g., landholder compensation, joint ventures, etc.) and appropriate management processes will be an advantage.
• Exposure to land access and native title negotiation processes.
• A competent understanding of managing tenements in several different countries.
• Experience using geographic information packages (e.g., ArcGIS) and tenement management systems (e.g., Landfolio) is essential.
• Competent understanding and experience in tenement data management in hard copy and digital systems.
• Able to develop and maintain effective communications with all levels of management

Additional Competencies: 

• A broad-based understanding of exploration, mining, metallurgical, environmental, community relations, commercial issues, and risk management is required. 
• Sensitive to and aware of local/ international indigenous cultures, business cultures, and management styles.
• Self-motivated, well organized, with attention to detail, adaptable, with high initiative and excellent communication skills.

REQUIRED YEARS OF RELEVANT EXPERIENCE:

Experience: At least 15 years of experience in tenement management, exploration management, mine management.           

COMPENSATION: $200,000-$225,000

BENEFITS: Bonus Program, Medical, Dental, Vision and Rx Insurance, Flexible Spending401(k) and 401(k) matching, Employee Assistance, Disability insurance, Paid time off, Holidays.

AngloGold Ashanti Limited

Reg No: 1944/017354/06     

EQUAL OPPORTUNITY STATEMENT

AngloGold Ashanti North America Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type with regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.