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Introducing AngloGold Ashanti, explaining who we are, our strategy and investment case

  • Production 3.4Moz
  • Productivity 13.31oz per total employee costed
  • All-in sustaining cost down 7% year-on-year
  • Improved safety performance AIFR down 36%

Delivering on our strategy

Explaining what we do – how we create value, how we share value and how we have performed in delivering on our strategy and strategic objectives – given our external operating environment and the consequent risks and opportunities

  • 3.4Moz Production at the top of guidance, lower year-on-year due to asset sales
  • $773/oz Total cash costs at the lower end of guidance of between $770/oz to $830/oz
  • 14% the South Africa region’s contribution to group production
  • ZAR 95c Dividend declared, given strong cash flow performance

Delivering on our strategy

Ensure financial flexibility

Optimise overhead, costs and capital expenditure

  • Adjusted EBITDA of $1.48bn
  • Free cash flow improves significantly to $67m
  • Net debt down 17%
  • Enforced capital discipline

Delivering on our strategy

Improve portfolio quality

Maintain long-term optionality

  • South Africa restructured – now cash positive
  • Self-funded, value enhancing projects making good progress
  • Obuasi redevelopment begins
  • Maiden Ore Reserve declared at Quebradona

Delivering on our strategy

Focus on people, safety and sustainability

  • 44,249 Average number of employees
  • $15.2 million Training and development expenditure
  • $22.3 million Spent on community investment
  • $1.6 billion Spend with local suppliers

Leadership and accountability

We review our performance and philosophy regarding corporate governance, remuneration and assurance of the information presented in this Integrated Report.

  • Ethical leadership
  • Responsible corporate citizen
  • Promoting diversity
  • Fair and responsible pay