Argentina - Cerro Vanguardia Mine
The Cerro Vanguardia Mine is a gold and silver mine located 150 km north west of Puerto San Julián, in the Santa Cruz province of Argentina. It is majority-owned and operated by AngloGold Ashanti, which holds a 92.5% interest in the mine . The remaining 7.5% are owned by Formicruz (Fomento Minero de Santa Cruz Sociedad del Estado), a company owned by the province of Santa Cruz.
In 2008, the mine contributed 3% to the company's annual production and employs in excess of 1,000 people. The Cerro Vanguardia mine consists of a number of small open pits.
Geologically the mine lies in Deseado Massif, an area known for its valuable gold deposits.