ANGLOGOLD ASHANTI

AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold
(South Africa) and the Ashanti Goldfields Corporation (Ghana)
- Location:
Headquartered in Johannesburg, South Africa, AngloGold Ashanti has 21 operations in 11 countries. Two
new mines, Tropicana in Australia and Kibali in the Democratic Republic of the Congo (DRC), began
production in late 2013.

South Africa comprises the operations and assets in the following areas in South Africa:
o West Wits;
o Vaal River; and
o Surface Operations, which includes First Uranium SA which owns Mine Waste Solutions (MWS).
International comprises the companys operating assets outside of South Africa as follows:
o Continental Africa with operations in the DRC, Ghana, Guinea, Mali, Namibia and Tanzania;
o Australasia which comprises two operations in Australia; and
o Americas with operations in Argentina, Brazil and the United States.
- Shareholding/Market Capitalization:
AngloGold Ashantis primary listing is on the Johannesburg Stock Exchange (JSE);
The company is also listed on the New York, London, Australia and Ghana stock exchanges;
Public shareholders hold 98.39% of issued shares;
Directors and Prescribed Officers hold 0.03% of issued shares;
The Government of Ghana holds a 1.58% interest in the company. The national governments of Mali, Guinea
and the DRC hold direct interests in their subsidiaries operating in those countries;
In Argentina, the province of Santa Cruz has an interest in the Cerro Vanguardia operation;
At the end of December 2013, AngloGold Ashanti had 403,340,412 ordinary shares on issue and a market
capitalization of $4.73bn (2012: $12.02bn);
Post year-end, at 18 March 2014, the market capitalization was $7.65bn.

- Commodity Type:
AngloGold Ashanti is into gold mining and exploration with more than 96% of the companys revenue derived
from the sale of gold produced at its operations located around the world.
It also earns income from uranium, silver and sulphuric acid (by-products)
- Financials:
Production: In 2013, 4.11Moz of gold (2012: 3.94Moz) as well as 1.38Mlb of uranium (2012: 1.21Mlb) and
3.30Moz of silver (2012: 2.36Moz);
Revenue : $5,708M(2013-Gold Income alone $5,497); $6,632M(2012-Gold Income alone $6,353M);
$6,925M(2011-Gold Income alone $6,570M);
Profit/Loss After Tax: -$2,200 (2013-Loss); $ 915M(2012-Profit);$1,633M( 2011-Profit);
Return on equity(2012): 18%,excludes hedge buy-back costs in years 2008 to 2010;
Cash flow:$1,246M (2013);$1,969M(2012);$2813M(2011)-net cash inflow from operating activities, excludes
hedge buy-back costs in years 2008 to 2010;
Total Cash Cost: $862/Oz(2012).

- Fixed Asset Situation:
Non-Current Assets(Tangible Fixed Assets):$4,815M(2013);$7,776M(2012) and $6,545M(2011)

- Situational Analysis:
AngloGold Ashantis adherence to best practice in corporate governance underpins its successes over the
years;
The widespread nature of its operations across four continents helps spread its risks;
Gold production may be adversely impacted in by unprotected protracted strikes sin South Africa especially.


http://www.anglogold.com/About+our+business/Our+regions+and+operations.htm
http://www.slideshare.net/AfricanisCool/za-ang-2012fy?qid=d6a842d5-a5e9-49e6-a7c2-
72e8aded8b46&v=qf1&b=&from_search=1
http://www.slideshare.net/AfricanisCool/za-ang-2012fy?qid=d6a842d5-a5e9-49e6-a7c2-
72e8aded8b46&v=qf1&b=&from_search=1
http://www.anglogold.com/Additional/Press/2013/AngloGold+Ashanti+publishes+2012+annual+reports.htm
http://en.wikipedia.org/wiki/AngloGold_Ashanti