Specialist, Cost Modelling

Who We Are

AngloGold Ashanti is a global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across 10 countries on four continents. We pursue value-creating opportunities involving other minerals, where we can leverage our existing assets, shareholdings, skills, and experience.

At AngloGold Ashanti, we assure you of work that carries significance and creates tangible results. What we do goes beyond mining. We build livelihoods in communities, champion environmental stewardship, and strengthen local and national economies.  Our leaders and teams are committed to listening to and supporting each other, valuing differences, and embracing equity. We are convinced that greatness only happens when we prioritize these behaviors and the well-being of every person.

Learn more about our  Vision, purpose, values - AngloGold Ashanti

POSITION

Specialist - Cost Modelling

DEPARTMENT

Mine Planning and Technical

LEVEL

2 L

LOCATION

Obuasi Gold Mine

EMPLOYMENT STATUS

Full Time

OBJECTIVE OF THE ROLE

- Support the integration of accurate cost, productivity, and financial assumptions into the medium-term planning framework.

- Ensure planning decisions are informed by validated cost models, operational performance data, and realistic production assumptions aligned with the Life of Mine strategy.

- Maintain cost modelling tools, reconcile physical and financial variances, and ensure cost inputs improve the quality, realism, and value of medium-term schedules.

- Link operational performance, financial expectations, and planning horizons to support reliable business forecasting and execution readiness.

ROLE ACCOUNTABILITIES

- Demonstrate and uphold AngloGold Ashanti’s values in all decisions, actions, and professional conduct.

- Allocate a minimum of 30% of time to support compliance with site safety requirements and foster a culture of zero harm.

- Maintain and update cost models, including labour, equipment, material, development, and stope-related unit rates to support medium-term planning accuracy.

- Ensure all financial and productivity assumptions used in schedules reflect validated data, historical performance, and current operational constraints.

- Support the integration of cost inputs into Deswik schedules by providing validated rates, unit costs, and productivity metrics.

- Contribute to reconciliation processes across the medium-term horizon, including variance analysis between planned and actual costs, physicals, and productivity.

- Prepare regular cost modelling reports and dashboards to support operational reviews, business planning, and planning forums.

- Ensure cost assumptions reflect changes in infrastructure timing, development strategy, mining method adjustments, and operational readiness requirements.

- Coordinate with production engineering, LOM planning, mine operations, and finance teams to ensure alignment between physical schedules and financial expectations.

- Support capital planning by providing cost inputs related to development corridors, infrastructure requirements, sequencing options, and mining method scenarios.

- Maintain documentation, templates, and cost-modelling processes to support governance, repeatability, and audit readiness.

- Support continuous improvement by identifying opportunities to enhance the accuracy, usability, and integration of cost models within planning workflows.

- Assist medium-term planners by providing costed scenarios, sensitivity analysis, and decision-support information to improve schedule quality and business alignment.

- Ensure ground control, ventilation, void management, and other technical inputs are costed accurately within planning assumptions.

- Support training, knowledge-sharing, and capability development across the planning team where cost-modelling expertise is required.

ROLE REQUIREMENTS

Education & Qualification

- Tertiary qualification in Mining or Finance or related discipline.

- Training in mine planning software such as Deswik is desirable.

- Training in financial modelling, business analysis, or cost estimation is an advantage.

- Valid Ghanaian manual driver’s licence as required by site.

Experience

- Minimum of three years’ experience in underground mining, technical services, business analysis, or cost modelling roles.

- Experience with cost modelling, budgeting, forecasting, or financial analysis within a mining environment.

- Experience supporting mine planning processes or working with technical inputs such as development metres, stope performance, and infrastructure sequencing.

- Exposure to Deswik or similar scheduling platforms and ability to integrate validated cost assumptions into planning software.

- Experience in variance analysis, reconciliation processes, and performance tracking against forecast.

Knowledge & Skills

- Strong understanding of strategic mine planning, operational cost drivers, and mining capital costs estimation is essential.

- Knowledge of business planning reporting requirements is required.

- Understanding of unit rate development, productivity assumptions, equipment utilisation, and operational cost structures.

- Familiarity with technical services workflows, business improvement initiatives, and schedule-based reporting.

- Strong analytical skills with the ability to develop, validate, and maintain complex cost models.

- Proficient in Microsoft Excel and reporting tools for data analysis, forecasting, dashboards, and reconciliation.

- Ability to interpret mine plans, physicals, and production metrics to support cost and productivity analysis.

- Clear and concise communication skills for presenting cost inputs, analyses, and recommendations.

- Strong organisational skills for managing multiple planning inputs, updates, and reporting cycles.

- Ability to work underground as required, including travel between work areas.

- Capable of using a computer for extended periods in an office environment.

- Physically fit to meet site medical and functional capacity requirements.

AngloGold Ashanti Limited

www.anglogoldashanti.com

Local Benefits

- AngloGold Ashanti offers a comprehensive and competitive benefits package designed to support employees’ health, financial security, and overall well-being.

- Medical insurance, employee assistance programmes, and wellbeing initiatives.

- Company-supported pension or provident fund contributions.

- Annual leave, sick leave, and public holidays in line with company policy.

Equal Employment Opportunity (EEO) Statement

We are an equal opportunity employer and value inclusion, diversity and equity in our workplace. We are committed to creating an environment where all individuals are treated with respect and fairness. Employment decisions are based on qualification, merit, business needs and role requirements.