KEY FEATURES OF THE YEAR
2019 – another redefining year for AngloGold Ashanti. We improved the quality of our portfolio, balanced competing capital needs, delivered the Obuasi redevelopment project on time and within budget, supplemented the Ore Reserve in our core portfolio outside South Africa, further reduced debt and brought balance sheet leverage below target and grew our dividend, all while managing our operations through their safest year on record.
- 3.3Moz
Production in line with guidance (2018: 3.4Moz)
- $998/oz
All-in sustaining cost (2018: $976/oz)
- $776/oz
Total cash cost (2018: $773/oz)
- 3.5Moz
of Ore Reserves added in
2019 before depletion - $127m
Free cash flow (2018:$67m)
- 3REPORTABLE
ENVIRONMENTAL
INCIDENTS(2018: 2)
- 0.91 times
Adjusted net debt to adjusted EBITDA
- $814m
Capital expenditure (2018: $721m)
- ZEROfatalities in 2019
- 57%
increase in dividends per share