{"id":789,"date":"2024-03-11T07:32:35","date_gmt":"2024-03-11T07:32:35","guid":{"rendered":"https:\/\/reports.anglogoldashanti.com\/23\/ar\/strategy\/improve-portfolioquality\/"},"modified":"2024-04-06T12:53:57","modified_gmt":"2024-04-06T12:53:57","slug":"improve-portfolioquality","status":"publish","type":"post","link":"https:\/\/reports.anglogoldashanti.com\/23\/ar\/strategy\/improve-portfolioquality\/","title":{"rendered":"Improve portfolio quality"},"content":{"rendered":"\n<div class=\"wp-block-columns are-vertically-aligned-center has-super-light-gray-background-color has-background is-layout-flex wp-container-core-columns-is-layout-1a2ddb66 wp-block-columns-is-layout-flex\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:150px\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"362\" height=\"360\" src=\"https:\/\/reports.anglogoldashanti.com\/23\/wp-content\/uploads\/2024\/02\/icon-sr-maintain-optionality.svg\" alt=\"\" class=\"wp-image-799\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<p>Initiatives such as our Full Asset Potential Programme aim to enhance the quality of our operating portfolio and to ensure optimal performance. We are flexible in delivering on our mine plans, allowing for optimised results and we progress our projects to more than replace production with a growing Mineral Reserve and Mineral Resource base.<\/p>\n<\/div>\n<\/div>\n\n\n\n<style>\n.is-aligned-vertical-top table td{vertical-align: top; border-bottom: 1px solid currentcolor}\n.is-aligned-vertical-top table td ul{margin-block-start: 0}\n.wp-block-table {overflow-x: visible}\n<\/style>\n\n\n\n<h3 class=\"wp-block-heading\">Key metrics, related targets and performance 2023<\/h3>\n\n\n\n<figure class=\"wp-block-table is-aligned-vertical-top is-style-regular\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Metrics<\/th><th class=\"has-text-align-left\" data-align=\"left\">Aims\/targets<\/th><th class=\"has-text-align-left\" data-align=\"left\">Performance<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>Production <\/li>  <\/ul><\/td><td class=\"has-text-align-left\" data-align=\"left\"><ul><li>Annual production between 2.55Moz and 2.76Moz<\/li>    <\/ul><\/td><td class=\"has-text-align-left\" data-align=\"left\"><ul><li>Produced 2.63Moz <sup>(1)<\/sup> versus 2.74Moz in 2022<\/li>    <\/ul><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>Recovered grade <\/li>  <\/ul><\/td><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>Improved mineral product recovery and grade <\/li>  <\/ul><\/td><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>Total recovered grade of 1.95g\/t <sup>(1) <\/sup>versus 1.98g\/t in 2022 <\/li>  <\/ul><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>Investment in Mineral Resource and Mineral Reserve development<\/li><\/ul><\/td><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>Improved confidence in our orebodies <\/li><\/ul><\/td><td class=\"has-text-align-left\" data-align=\"left\"><ul>    <li>14.4Moz added to the Mineral Reserve over past four years, before depletion, at a cost of $62\/oz<\/li>    <li>Growth in Mineral Reserve, before depletion, over past six years exceeds 25% <\/li><\/ul><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><em><sup>(1)&nbsp; <\/sup>Includes AGA Minera\u00e7\u00e3o\u2019s CdS operation until it was placed on care and maintenance in August 2023<\/em><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>We actively manage our asset portfolio to improve the overall mix of our production base as we strive for a competitive business valuation. This is key to unlocking the full underlying value of the portfolio. We continue to invest in upgrading the overall quality and longevity of our portfolio. <\/p>\n","protected":false},"author":2,"featured_media":799,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Improve portfolio quality - Reporting Suite 2023 | AngloGold Ashanti<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reports.anglogoldashanti.com\/23\/ar\/strategy\/improve-portfolioquality\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Improve portfolio quality - Reporting Suite 2023 | AngloGold Ashanti\" \/>\n<meta property=\"og:description\" content=\"We actively manage our asset portfolio to improve the overall mix of our production base as we strive for a competitive business valuation. 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