{"id":15,"date":"2025-01-28T10:52:35","date_gmt":"2025-01-28T08:52:35","guid":{"rendered":"https:\/\/reports.anglogoldashanti.com\/24\/?page_id=15"},"modified":"2025-03-26T20:10:42","modified_gmt":"2025-03-26T18:10:42","slug":"ar","status":"publish","type":"page","link":"https:\/\/reports.anglogoldashanti.com\/24\/ar\/","title":{"rendered":"Annual report"},"content":{"rendered":"\n<div class=\"wp-block-cover alignfull\" style=\"margin-top:60px;padding-top:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);min-height:90vh;aspect-ratio:unset;\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-100 has-background-dim wp-block-cover__gradient-background has-background-gradient has-cover-gradient-background\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1290\" class=\"wp-block-cover__image-background wp-image-4713\" alt=\"\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883.jpg\" data-object-fit=\"cover\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883.jpg 2560w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883-300x151.jpg 300w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883-1024x516.jpg 1024w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883-768x387.jpg 768w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883-1536x774.jpg 1536w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/aga-full-year-2024-feature-1-scaled-e1737376431883-2048x1032.jpg 2048w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-block-cover-is-layout-constrained\">\n<div class=\"wp-block-group logo-stack-group is-vertical is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-e224a380 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group logo-stack is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-b3dc17cf wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<figure class=\"wp-block-image size-large ls-logo\"><img loading=\"lazy\" decoding=\"async\" width=\"285\" height=\"86\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/logo-w.svg\" alt=\"\" class=\"wp-image-849\"\/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading has-text-align-center has-x-large-font-size\" style=\"line-height:1.1\">Annual Report <br>2024<\/h1>\n\n\n\n<p class=\"has-text-align-center has-background-color has-text-color has-link-color wp-elements-2604494d756583c64a3db3a2af35308c\">Mining to empower people<br>and advance societies<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-horizontal is-content-justification-center is-layout-flex wp-container-core-group-is-layout-6bd4d9d1 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-8fe59304 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button btn-cover-download\"><a class=\"wp-block-button__link has-teal-color has-background-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24.pdf\"><strong>Annual report 2024<\/strong> (PDF)<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-silver-gray-background-color has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" id=\"view-top\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--60)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-container-core-group-is-layout-ff778368 wp-block-group-is-layout-constrained\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<h2 class=\"wp-block-heading text-shade-1 has-teal-color has-text-color has-link-color wp-elements-463fed4471b2bf8d272cf636aec3e97a\" style=\"font-size:clamp(3.426rem, 3.426rem + ((1vw - 0.2rem) * 4.468), 7rem);line-height:0.9\"><strong>VIEW<\/strong> from the top<\/h2>\n\n\n\n<p class=\"has-x-large-font-size\">Messages from AngloGold Ashanti leadership<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-query is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"columns-2 view-from-top-list wp-block-post-template is-layout-grid wp-container-core-post-template-is-layout-02493678 wp-block-post-template-is-layout-grid\"><li class=\"wp-block-post post-122 post type-post status-publish format-standard has-post-thumbnail hentry category-view-from-the-top\">\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fed7e1b2 wp-block-group-is-layout-flex\"><h4 class=\"has-link-color wp-elements-42fd01b07faab1999f3ad9e4b072f3d9 wp-block-post-title has-text-color has-teal-color\">Chairperson\u2019s message<\/h4>\n\n<div class=\"lazyblock-leader-name-Z2cEmPf wp-block-lazyblock-leader-name\">Jochen Tilk<\/div>\n\n<a style=\"border-radius:0px;\" class=\"btn-view wp-elements-a212e65936be8ec8799b64bbb1841a6a wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/view-from-the-top\/chairpersons-message\/\" target=\"_self\">READ MESSAGE<span class=\"screen-reader-text\">: Chairperson\u2019s message<\/span><\/a><\/div>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"401\" height=\"349\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-jochen-tilk.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-jochen-tilk.png 401w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-jochen-tilk-300x261.png 300w\" sizes=\"auto, (max-width: 401px) 100vw, 401px\" \/><\/figure>\n<\/li><li class=\"wp-block-post post-124 post type-post status-publish format-standard has-post-thumbnail hentry category-view-from-the-top\">\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fed7e1b2 wp-block-group-is-layout-flex\"><h4 class=\"has-link-color wp-elements-42fd01b07faab1999f3ad9e4b072f3d9 wp-block-post-title has-text-color has-teal-color\">CEO\u2019s statement<\/h4>\n\n<div class=\"lazyblock-leader-name-Z2cEmPf wp-block-lazyblock-leader-name\">Alberto Calderon<\/div>\n\n<a style=\"border-radius:0px;\" class=\"btn-view wp-elements-a212e65936be8ec8799b64bbb1841a6a wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/view-from-the-top\/ceos-statement\/\" target=\"_self\">READ MESSAGE<span class=\"screen-reader-text\">: CEO\u2019s statement<\/span><\/a><\/div>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"420\" height=\"380\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-alberto-calderon.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-alberto-calderon.png 420w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-alberto-calderon-300x271.png 300w\" sizes=\"auto, (max-width: 420px) 100vw, 420px\" \/><\/figure>\n<\/li><li class=\"wp-block-post post-126 post type-post status-publish format-standard has-post-thumbnail hentry category-view-from-the-top\">\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fed7e1b2 wp-block-group-is-layout-flex\"><h4 class=\"has-link-color wp-elements-42fd01b07faab1999f3ad9e4b072f3d9 wp-block-post-title has-text-color has-teal-color\">CFO\u2019s report<\/h4>\n\n<div class=\"lazyblock-leader-name-Z2cEmPf wp-block-lazyblock-leader-name\">Gillian Doran<\/div>\n\n<a style=\"border-radius:0px;\" class=\"btn-view wp-elements-a212e65936be8ec8799b64bbb1841a6a wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/view-from-the-top\/cfos-report\/\" target=\"_self\">READ MESSAGE<span class=\"screen-reader-text\">: CFO\u2019s report<\/span><\/a><\/div>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"398\" height=\"373\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-gillian-doran.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-gillian-doran.png 398w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-gillian-doran-300x281.png 300w\" sizes=\"auto, (max-width: 398px) 100vw, 398px\" \/><\/figure>\n<\/li><li class=\"wp-block-post post-132 post type-post status-publish format-standard has-post-thumbnail hentry category-view-from-the-top\">\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fed7e1b2 wp-block-group-is-layout-flex\"><h4 class=\"has-link-color wp-elements-42fd01b07faab1999f3ad9e4b072f3d9 wp-block-post-title has-text-color has-teal-color\">Compensation and Human Resources Committee Chairperson\u2019s statement<\/h4>\n\n<div class=\"lazyblock-leader-name-Z2cEmPf wp-block-lazyblock-leader-name\">Albert Garner<\/div>\n\n<a style=\"border-radius:0px;\" class=\"btn-view wp-elements-a212e65936be8ec8799b64bbb1841a6a wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/view-from-the-top\/compensation-and-human-resources-committee-chairpersons-report\/\" target=\"_self\">READ MESSAGE<span class=\"screen-reader-text\">: Compensation and Human Resources Committee Chairperson\u2019s statement<\/span><\/a><\/div>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"375\" height=\"360\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-albert-garner.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-albert-garner.png 375w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/ldr-albert-garner-300x288.png 300w\" sizes=\"auto, (max-width: 375px) 100vw, 375px\" \/><\/figure>\n<\/li><\/ul><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cover alignfull cover-basic has-aspect-ratio\" style=\"padding-top:var(--wp--preset--spacing--60);padding-bottom:0rem;padding-left:0;aspect-ratio:auto;min-height:unset;\" id=\"glance\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-100 has-background-dim wp-block-cover__gradient-background has-background-gradient has-soft-black-to-transparent-gradient-background\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"2090\" class=\"wp-block-cover__image-background wp-image-851\" alt=\"\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01.jpg\" style=\"object-position:48% 65%\" data-object-fit=\"cover\" data-object-position=\"48% 65%\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01.jpg 1920w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01-276x300.jpg 276w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01-941x1024.jpg 941w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01-768x836.jpg 768w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01-1411x1536.jpg 1411w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/sky-01-1881x2048.jpg 1881w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-container-core-cover-is-layout-9ce66be8 wp-block-cover-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-73746dc4 wp-block-columns-is-layout-flex\" style=\"padding-top:0;padding-bottom:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<h2 class=\"wp-block-heading glance-heading has-background-color has-text-color has-link-color has-xx-large-font-size wp-elements-1a50b0e088b91a85276b8bb2f8d0aef2\">2024<br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-background-color\">a snapshot<\/mark><\/h2>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column justify-content-end is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group v-grp has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group v-item has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-417067bb wp-block-group-is-layout-constrained\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<p class=\"has-background-color has-text-color has-link-color wp-elements-d5def2aa19d1753a653507d8f0dca22e\" style=\"font-size:clamp(1.25rem, 1.25rem + ((1vw - 0.2rem) * 0.938), 2rem);\">Production and cash cost guidance achieved owing to overall strong operational performance<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns ar-glance-statistics is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column bs-2 has-background-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-abb8add72ff1745622f4541eed6d401b\">Free cash flow <sup>APM<\/sup><\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-62f058bb54e11a02fa50fdacc58e74d2\">$942m<\/p>\n\n\n<div class=\"lazyblock-charts-bCECe no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">Free cash flow apm<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-bCECe-EE14HhIiLX4E\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-free-cash-flow.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-bCECe-EE14HhIiLX4E', 'Free cash flow apm',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-9cfcd754cc6fa2aabf835c370579cff8\">Total cash costs <sup>APM<\/sup><\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-fe160cdc8f5f00a2a3212a45eff5bfe4\">$1,157\/oz<\/p>\n\n\n<div class=\"lazyblock-charts-Z1O34BD no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">Cash costs apm<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-Z1O34BD-RhukgGWsKhK2\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-total-cash-costs.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-Z1O34BD-RhukgGWsKhK2', 'Cash costs apm',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-cb0d8b895c858c88397c25bbe9debe5b\">Dividends declared<\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-7ac883cbd951627e1e93f7544947f311\">$439m<\/p>\n\n\n<div class=\"lazyblock-charts-ZNfzRx no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">Dividends declared<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-ZNfzRx-jsyws4xUKT7t\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-dividends-declared.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-ZNfzRx-jsyws4xUKT7t', 'Dividends declared',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-9da0ffcbfac1b639ea4694efa9045992\">Revenue from product sales<\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-45272f45e88c1035834bad9033e5f379\">$5.8bn<\/p>\n\n\n<div class=\"lazyblock-charts-ZnXvVx no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">Revenue from product sales<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-ZnXvVx-mCsPlIlawhy2\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-revenue-product-sales.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-ZnXvVx-mCsPlIlawhy2', 'Revenue from product sales',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column bs-2 has-background-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-e376fb1fb9740037f5cca61d83536680\">Adjusted EBITDA <sup>APM<\/sup><\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-fd13a4a6d9f49581926ff7b03e6f3cb2\">$2.75bn<\/p>\n\n\n<div class=\"lazyblock-charts-ZRt8zR no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">Adjusted EBITDA apm<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-ZRt8zR-QeqbfFSPqhte\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-adjusted-ebitda.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-ZRt8zR-QeqbfFSPqhte', 'Adjusted EBITDA apm',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-ae674f53b48d1c3a54bcc44bf56c4b99\">All-in sustaining costs<sup>APM<\/sup><\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-052fb410f0b25e937d378f71bf75a1e9\">$1,611\/oz<\/p>\n\n\n<div class=\"lazyblock-charts-Z1R3cIu no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">All-in sustaining costs<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-Z1R3cIu-XAF5PL7qAEni\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-aisc.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-Z1R3cIu-XAF5PL7qAEni', 'All-in sustaining costs',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-16bb228d2650de95becb9249f05350b9\">Adjusted net debt <sup>APM<\/sup> to adjusted EBITDA<sup>APM<\/sup><\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-9ac7fdd1e109a585ef8a4dcc33e99079\">0.21<\/p>\n\n\n<div class=\"lazyblock-charts-10OHQ2 no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">Adjusted net debt to adjusted EBITDA<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-10OHQ2-Vq4ooSlI2C8Z\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-adjusted-net-debt-vs-ebitda.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-10OHQ2-Vq4ooSlI2C8Z', 'Adjusted net debt to adjusted EBITDA',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h6 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-727f87755cc89bb6279439a14478859a\">TRIFR per million hours worked<\/h6>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-9490e33183630141820a5e1070909bce\">0.98<\/p>\n\n\n<div class=\"lazyblock-charts-ssyvL no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\">TRIFR per million hours worked<\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-ssyvL-LHFK8Ij1ui8B\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p4-trifr.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-ssyvL-LHFK8Ij1ui8B', 'TRIFR per million hours worked',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column bs-2 has-teal-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-cover has-custom-content-position is-position-top-center\" style=\"min-height:100%;aspect-ratio:unset;\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-0 has-background-dim\" style=\"background-color:#667292\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"701\" height=\"2079\" class=\"wp-block-cover__image-background wp-image-854\" alt=\"\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/Miners-sky-vertical.jpg\" data-object-fit=\"cover\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/Miners-sky-vertical.jpg 701w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/Miners-sky-vertical-101x300.jpg 101w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/Miners-sky-vertical-345x1024.jpg 345w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/Miners-sky-vertical-518x1536.jpg 518w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/Miners-sky-vertical-691x2048.jpg 691w\" sizes=\"auto, (max-width: 701px) 100vw, 701px\" \/><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<h2 class=\"wp-block-heading\">Growth<\/h2>\n\n\n\n<p>In November 2024, AngloGold Ashanti acquired gold mining and exploration company Centamin plc whose assets include: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sukari, an operating gold mine\nin Egypt with potential to\nproduce around 500,000oz\nannually<\/li>\n\n\n\n<li>Doropo, a greenfield project in\nC\u00f4te d\u2019Ivoire<\/li>\n\n\n\n<li>The ABC exploration project in\nC\u00f4te d\u2019Ivoire<\/li>\n\n\n\n<li>Various exploration leases in\nEgypt\u2019s Eastern Desert<\/li>\n<\/ul>\n\n\n\n<p>At 31 December 2024, the\nCentamin assets contributed a gold\nMineral Reserve of 4.1Moz and a\nMeasured and Indicated Mineral\nResource of 2.9Moz and an\nInferred Mineral Resource of\n2.4Moz to AngloGold Ashanti.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-silver-gray-opacity-background-color has-background has-small-font-size has-global-padding is-layout-constrained wp-container-core-group-is-layout-80fb368b wp-block-group-is-layout-constrained\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<h5 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-50e335b936a4942ce1fd12f86e46a3d5\">Note:<\/h5>\n\n\n\n<p class=\"has-foreground-color has-text-color has-link-color wp-elements-3308d7083cea3e32db197a6030150f99\">APM refers to \u201calternative performance measures\u201d, which are non-IFRS or Non-GAAP financial measures. These measures are:<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-list has-foreground-color has-text-color has-link-color wp-elements-a5b954e14ce886c99449102e76292fc9\">\n<li>All-in sustaining costs and all-in costs<\/li>\n\n\n\n<li>Total cash costs<\/li>\n\n\n\n<li>Average gold price received per ounce<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-list has-foreground-color has-text-color has-link-color wp-elements-892b62ee128ec20f1343f5e37f3351e8\">\n<li>Sustaining capital expenditure<\/li>\n\n\n\n<li>Non-sustaining expenditure<\/li>\n\n\n\n<li>Adjusted EBITDA<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-list has-foreground-color has-text-color has-link-color wp-elements-9100040fe26685c8f81d145fb55e4fb3\">\n<li>Adjusted net debt<\/li>\n\n\n\n<li>Free cash flow<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p class=\"has-foreground-color has-text-color has-link-color wp-elements-4487b5c61f25db494e5b381e1f7be3ef\">For more information on each of these measures, indicated by <sup>APM<\/sup> in the report, and how they are defined and calculated, see <a href=\"#\">Alternative performance measures<\/a> (in the company notes).<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull w-100 m-0 has-transparent-to-black-gradient-background has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"min-height:80px;margin-top:var(--wp--preset--spacing--30)\"><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-global-padding has-teal-light-background-color has-background is-layout-constrained wp-container-core-group-is-layout-72cd849f wp-block-group-is-layout-constrained\" id=\"footprint\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--30)\">\n<h1 class=\"wp-block-heading has-teal-color has-text-color has-link-color wp-elements-140f42d4a99533a061627c481534e3de\">Our footprint<\/h1>\n\n\n\n<figure class=\"wp-block-image alignwide size-full style-svg\" data-aos=\"fade-up\"><img loading=\"lazy\" decoding=\"async\" width=\"2716\" height=\"1386\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03.png\" alt=\"\" class=\"wp-image-4734\" srcset=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03.png 2716w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03-300x153.png 300w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03-1024x523.png 1024w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03-768x392.png 768w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03-1536x784.png 1536w, https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/global-map_updated_5.03-2048x1045.png 2048w\" sizes=\"auto, (max-width: 2716px) 100vw, 2716px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-columns ar-glance-statistics is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h4 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-65a8ad29c2f78ff7f94713d0e7f55315\">Gold produced<\/h4>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-3a0cbfcc6aae926688514734bd25d461\">2.66Moz<\/p>\n\n\n<div class=\"lazyblock-charts-Z2sfrIG no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\"><\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-Z2sfrIG-jNzHV9L1LwHb\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p3-regional-gold-production.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-Z2sfrIG-jNzHV9L1LwHb', '',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h4 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-cfcedeb07a725ec0b03bb9e23638e12b\">People employed <sup>(1) (4) (5)<\/sup><\/h4>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-8f40aa9db9c519729ec84171c5f26b30\">39,484<\/p>\n\n\n<div class=\"lazyblock-charts-1u13AS no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\"><\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-1u13AS-XonqdFlZYaEq\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p3-regional-people-employed.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-1u13AS-XonqdFlZYaEq', '',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h4 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-89da03ddfd1be8bc6c116deab45c125d\">Net cash inflow <sup>(2) (3) (4) (5)<\/sup><\/h4>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-e2bd658f2d233bd0532e43122b22553d\">$2,215m<\/p>\n\n\n<div class=\"lazyblock-charts-Z156fKi no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\"><\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-Z156fKi-hO1hHYKR2Na5\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p3-regional-net-cash-inflow.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-Z156fKi-hO1hHYKR2Na5', '',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h4 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-0edc480c79b62f0426c7d7ce6eeda88c\">Capital expenditure<sup> (4) (5)<\/sup><\/h4>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-ce3287285e6efd616714ca61beb4551a\">$1,215m<\/p>\n\n\n<div class=\"lazyblock-charts-ZBIvpW no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\"><\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-ZBIvpW-wo0e5ecoV20L\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p3-regional-capex.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-ZBIvpW-wo0e5ecoV20L', '',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '0'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h4 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-0af0802cb2a191d203498f7131b77d1f\">Mineral Reserve <sup>(5)<\/sup><\/h4>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-b2063e0c2bc76affa24ac56f5f7835ea\">31.25Moz<\/p>\n\n\n<div class=\"lazyblock-charts-1NpeFn no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\"><\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-1NpeFn-5PrdB9DAueqM\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p3-regional-mineral-reserve.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-1NpeFn-5PrdB9DAueqM', '',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-69c550ab wp-block-group-is-layout-flex\">\n<h4 class=\"wp-block-heading has-foreground-color has-text-color has-link-color wp-elements-83e6b21b61cafaa477da7793353ff7b6\">Community investment<sup> (4) (5)<\/sup><\/h4>\n\n\n\n<p class=\"has-teal-color has-text-color has-link-color has-xx-large-font-size wp-elements-12c932679c2397ef14c936b0f0d4bb9c\">$20.64m<\/p>\n\n\n<div class=\"lazyblock-charts-H6PYv no-title wp-block-lazyblock-charts\">  \n\n<h6 class=\"chart-title\"><\/h6>\n<div class=\"chart-wrapper\">\n<script>\n$chartCount = document.querySelectorAll('canvas').length;\n\n\n<\/script>  \n    <canvas id=\"chart-H6PYv-TAA7aLg0uFbP\"\n        style=\"position: relative; min-height: 100px; height:100px; width:100%\"><\/canvas>\n<\/div>\n<script type=\"text\/javascript\">\n$excelFileUrl = 'https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/ar-p3-regional-community-investment.csv'\n\n\nif ($excelFileUrl && $excelFileUrl != '') {\n\n        d3.csv($excelFileUrl) \n        .then((data) => {\n        renderChart(data, 'bar', 'chart-H6PYv-TAA7aLg0uFbP', '',\n               'dark', 'standard-bar', 'bottom',\n               '', '', '2'\n             );\n        });        \n}\n\n<\/script><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-teal-color has-alpha-channel-opacity has-teal-background-color has-background is-style-wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<p class=\"has-small-font-size\"><em>Notes:<\/em><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<ul class=\"wp-block-list\">\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(a)<\/sup> Includes the Silicon and Merlin deposits<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(b) <\/sup>Sterling includes the Crown Block<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(c)<\/sup> Archean-Birimian Contact (ABC) exploration programme<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(d)<\/sup> Operated by Barrick Gold Corporation (Barrick)<\/em><br><em><sup>(e)<\/sup> Acquired by AngloGold Ashanti through the acquisition of <\/em><em>Centamin in November 2024<\/em><\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(1) <\/sup>&nbsp;Average employed, includes contractors<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(2) <\/sup>&nbsp;Includes dividends from joint ventures<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(3) <\/sup>&nbsp;The sum of net cash inflows from operations offset by net operational cash outflows associated with projects<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em><sup>(4) <\/sup>&nbsp;Includes corporate and non-gold producing subsidiaries<\/em><\/li>\n\n\n\n<li class=\"is-style-no-bullet-list-item has-small-font-size\"><em>(5) Includes projects<\/em><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-global-padding has-teal-background-color has-background is-layout-constrained wp-block-group-is-layout-constrained\" id=\"strategy\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group alignfull has-light-black-to-transparent-gradient-background has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"min-height:40px;margin-bottom:0\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-background-color has-text-color has-link-color wp-elements-40b0b6aa280ba38c8ec6d7e752248cb6\">Strategy<\/h1>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color has-large-font-size wp-elements-9eca901ebaf7d25450901555e380a916\">Successful delivery on our strategy involves optimising and balancing the use of resource inputs to enhance positive outcomes and impacts, in the context of our external operating environment and resulting uncertainties, risks and material issues. Our strategic focus areas and related objectives are:<\/p>\n\n\n\n<div class=\"wp-block-query is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"wp-block-post-template is-layout-flow wp-block-post-template-is-layout-flow\"><li class=\"wp-block-post post-479 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy\">\n\n<div class=\"wp-block-group title-container has-background-color has-gray-background-color has-text-color has-background has-link-color wp-elements-5f513567e3e24d861478a3aad27c164b is-nowrap is-layout-flex wp-container-core-group-is-layout-c7fb9beb wp-block-group-is-layout-flex\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><figure style=\"width:80px;height:80px;\" class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"133\" height=\"133\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/icon-prioritise-pshs-2.svg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"height:80px;object-fit:cover;\" \/><\/figure>\n\n<h3 class=\"wp-block-post-title has-pullout-font-size\">Prioritise people, safety, health and sustainability<\/h3><\/div>\n\n\n\n<div class=\"wp-block-group has-light-silver-gray-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-867c3d7b wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><div style=\"margin-top:0;\" class=\"wp-block-post-excerpt has-small-font-size\"><p class=\"wp-block-post-excerpt__excerpt\">This is the foundation of our business and strategy, ensuring alignment between our values and corporate citizenship responsibilities on the one hand, and the business\u2019s long-term growth, sustainability and profitability on the other. <\/p><\/div>\n\n<a style=\"border-radius:0px; margin-top:var(--wp--preset--spacing--30);\" class=\"btn-view wp-elements-da83ada24c808a38a3f04658e5b3435e wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/strategy\/prioritise-people-safety-health-and-sustainability\/\" target=\"_self\">HOW WE DELIVERED<span class=\"screen-reader-text\">: Prioritise people, safety, health and sustainability<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-481 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy\">\n\n<div class=\"wp-block-group title-container has-background-color has-gray-background-color has-text-color has-background has-link-color wp-elements-5f513567e3e24d861478a3aad27c164b is-nowrap is-layout-flex wp-container-core-group-is-layout-c7fb9beb wp-block-group-is-layout-flex\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><figure style=\"width:80px;height:80px;\" class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"133\" height=\"133\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/icon-maintain-financial-flexibility-2.svg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"height:80px;object-fit:cover;\" \/><\/figure>\n\n<h3 class=\"wp-block-post-title has-pullout-font-size\">Maintain financial flexibility<\/h3><\/div>\n\n\n\n<div class=\"wp-block-group has-light-silver-gray-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-867c3d7b wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><div style=\"margin-top:0;\" class=\"wp-block-post-excerpt has-small-font-size\"><p class=\"wp-block-post-excerpt__excerpt\">Financial flexibility facilitates access to funding to weather periods of low gold prices, to reward shareholders and to act on strategic opportunities throughout the economic cycle. <\/p><\/div>\n\n<a style=\"border-radius:0px; margin-top:var(--wp--preset--spacing--30);\" class=\"btn-view wp-elements-da83ada24c808a38a3f04658e5b3435e wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/strategy\/maintain-financial-flexibility\/\" target=\"_self\">HOW WE DELIVERED<span class=\"screen-reader-text\">: Maintain financial flexibility<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-483 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy\">\n\n<div class=\"wp-block-group title-container has-background-color has-gray-background-color has-text-color has-background has-link-color wp-elements-5f513567e3e24d861478a3aad27c164b is-nowrap is-layout-flex wp-container-core-group-is-layout-c7fb9beb wp-block-group-is-layout-flex\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><figure style=\"width:80px;height:80px;\" class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"133\" height=\"133\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/icon-optimise-overhead-cost-capital-2.svg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"height:80px;object-fit:cover;\" \/><\/figure>\n\n<h3 class=\"wp-block-post-title has-pullout-font-size\">Optimise overhead, costs and capital expenditure<\/h3><\/div>\n\n\n\n<div class=\"wp-block-group has-light-silver-gray-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-867c3d7b wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><div style=\"margin-top:0;\" class=\"wp-block-post-excerpt has-small-font-size\"><p class=\"wp-block-post-excerpt__excerpt\">Systems are in place to ensure investment and spending are optimally structured and aligned with core business objectives. <\/p><\/div>\n\n<a style=\"border-radius:0px; margin-top:var(--wp--preset--spacing--30);\" class=\"btn-view wp-elements-da83ada24c808a38a3f04658e5b3435e wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/strategy\/optimise-overhead-costs-and-capital-expenditure\/\" target=\"_self\">HOW WE DELIVERED<span class=\"screen-reader-text\">: Optimise overhead, costs and capital expenditure<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-485 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy\">\n\n<div class=\"wp-block-group title-container has-background-color has-gray-background-color has-text-color has-background has-link-color wp-elements-5f513567e3e24d861478a3aad27c164b is-nowrap is-layout-flex wp-container-core-group-is-layout-c7fb9beb wp-block-group-is-layout-flex\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><figure style=\"width:80px;height:80px;\" class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/icon-strategy-improve-portfolio.svg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"height:80px;object-fit:cover;\" \/><\/figure>\n\n<h3 class=\"wp-block-post-title has-pullout-font-size\">Improve portfolio quality<\/h3><\/div>\n\n\n\n<div class=\"wp-block-group has-light-silver-gray-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-867c3d7b wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><div style=\"margin-top:0;\" class=\"wp-block-post-excerpt has-small-font-size\"><p class=\"wp-block-post-excerpt__excerpt\">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><\/div>\n\n<a style=\"border-radius:0px; margin-top:var(--wp--preset--spacing--30);\" class=\"btn-view wp-elements-da83ada24c808a38a3f04658e5b3435e wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/strategy\/improve-portfolio-quality\/\" target=\"_self\">HOW WE DELIVERED<span class=\"screen-reader-text\">: Improve portfolio quality<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-487 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy\">\n\n<div class=\"wp-block-group title-container has-background-color has-gray-background-color has-text-color has-background has-link-color wp-elements-5f513567e3e24d861478a3aad27c164b is-nowrap is-layout-flex wp-container-core-group-is-layout-c7fb9beb wp-block-group-is-layout-flex\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><figure style=\"width:80px;height:80px;\" class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"133\" height=\"133\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/icon-maintain-long-term-optionality-2.svg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"height:80px;object-fit:cover;\" \/><\/figure>\n\n<h3 class=\"wp-block-post-title has-pullout-font-size\">Maintain long-term optionality<\/h3><\/div>\n\n\n\n<div class=\"wp-block-group has-light-silver-gray-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-867c3d7b wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\"><div style=\"margin-top:0;\" class=\"wp-block-post-excerpt has-small-font-size\"><p class=\"wp-block-post-excerpt__excerpt\">Continually replenishing and increasing our Mineral Resource and Mineral Reserve pipeline helps to sustain the business over time. By discovering, acquiring, developing and exploiting viable orebodies sustainably and efficiently, AngloGold Ashanti positions itself to create long-term value. <\/p><\/div>\n\n<a style=\"border-radius:0px; margin-top:var(--wp--preset--spacing--30);\" class=\"btn-view wp-elements-da83ada24c808a38a3f04658e5b3435e wp-block-read-more has-text-color has-background-color has-background has-teal-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/strategy\/maintain-long-term-optionality\/\" target=\"_self\">HOW WE DELIVERED<span class=\"screen-reader-text\">: Maintain long-term optionality<\/span><\/a><\/div>\n\n<\/li><\/ul><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-transparent-to-black-gradient-background has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"min-height:80px;margin-top:var(--wp--preset--spacing--30)\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull tab-group has-global-padding has-super-light-gray-background-color has-background is-layout-constrained wp-block-group-is-layout-constrained\" id=\"governance\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--40);padding-bottom:0\">\n<h1 class=\"wp-block-heading has-teal-color has-text-color has-link-color wp-elements-3a3600aa7ffd3bd4ee95a1e151a45faf\">Governance &amp; Leadership<\/h1>\n\n\n\n<p><strong> as at 26 March 2025<\/strong><\/p>\n\n\n\n<p class=\"has-foreground-color has-text-color has-link-color has-pullout-font-size wp-elements-d8f6daf92d9cdafc9ee7fc7da0c6cfc8\">The AngloGold Ashanti Board comprises the Chairperson, the Lead Independent Director, Chief Executive Officer, Chief Financial Officer and Independent Non-Executive Directors. Membership and biographical information for the board and executive management team as at 26 March 2025 is available below.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:var(--wp--preset--spacing--40)\">\n<div class=\"wp-block-button has-custom-font-size tab-button active is-style-outline has-medium-font-size is-style-outline--1\" id=\"board\"><a class=\"wp-block-button__link has-teal-color has-background-background-color has-text-color has-background has-link-color has-border-color has-teal-border-color wp-element-button\" style=\"border-width:1px;border-radius:0px\" rel=\"\">Board<\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-font-size tab-button is-style-outline has-medium-font-size is-style-outline--2\" id=\"executive-management\"><a class=\"wp-block-button__link has-teal-color has-text-color has-link-color has-border-color has-teal-border-color wp-element-button\" style=\"border-width:1px;border-radius:0px\" rel=\"\">Executive management<\/a><\/div>\n<\/div>\n\n\n\n<div id=\"board\" class=\"wp-block-group tab-content active has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-query is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"columns-3 board wp-block-post-template is-layout-grid wp-container-core-post-template-is-layout-4142fc9f wp-block-post-template-is-layout-grid\"><li class=\"wp-block-post post-99 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/jochen.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Jochen Tilk (61)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Chairperson<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/jochen-tilk\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Jochen Tilk (61)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-117 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/alberto.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Alberto Calderon (65)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Chief Executive Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/alberton-calderon\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Alberto Calderon (65)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-119 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gillian.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Gillian Doran (48)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Chief Financial Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/gillian-doran\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Gillian Doran (48)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-101 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/rhidwan.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Rhidwaan Gasant (65)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/rhidwaan-gasant\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Rhidwaan Gasant (65)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-103 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"188\" height=\"198\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gl-kojo-busia.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Kojo Busia (62)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/kojo-busia\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Kojo Busia (62)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-109 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"188\" height=\"198\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gl-bruce-cleaver.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Bruce Cleaver (59)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/bruce-cleaver\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Bruce Cleaver (59)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-105 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/alan.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Alan Ferguson (67)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/alan-ferguson\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Alan Ferguson (67)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-107 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/albert.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Albert Garner (69)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/albert-garner\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Albert Garner (69)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-111 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"188\" height=\"198\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gl-junhee-magie.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Jinhee Magie (57)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/junhee-magie\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Jinhee Magie (57)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-113 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"188\" height=\"198\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gl-nicky-newton-king.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Nicky Newton-King (58)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/nicky-newton-king\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Nicky Newton-King (58)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-115 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-board\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"188\" height=\"198\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gl-diana-sands.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Diana Sands (59)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-1evbw1 wp-block-lazyblock-leader-board-position\"><p>Independent Non-executive Director<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/diana-sands\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Diana Sands (59)<\/span><\/a><\/div>\n\n<\/li><\/ul>\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-877c468d wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-5c4495dd wp-block-group-is-layout-flex\">\n<p class=\"has-teal-color has-text-color has-link-color has-x-large-font-size wp-elements-71ed0fe64b6c99f1852e0ddd7ec1b9b4\" style=\"line-height:1\">\u25a0<\/p>\n\n\n\n<p>Independent Non-Executive Directors<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-5c4495dd wp-block-group-is-layout-flex\">\n<p class=\"has-primary-color has-text-color has-link-color has-x-large-font-size wp-elements-833e089ac75d33f3d4e4db11bb4c6b41\" style=\"line-height:1\">\u25a0<\/p>\n\n\n\n<p>Executive Directors<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"executive-management\" class=\"wp-block-group tab-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-query is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"columns-3 executive-management wp-block-post-template is-layout-grid wp-container-core-post-template-is-layout-4142fc9f wp-block-post-template-is-layout-grid\"><li class=\"wp-block-post post-117 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/alberto.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Alberto Calderon (65)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Executive Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/alberton-calderon\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Alberto Calderon (65)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-119 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/gillian.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Gillian Doran (48)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Financial Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/gillian-doran\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Gillian Doran (48)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-215 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive-management\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/lissa-2.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Lisa Ali (57)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief People Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/lisa-ali\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Lisa Ali (57)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-213 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive-management\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/stewart.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Stewart Bailey (51)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Sustainability &#038; Corporate Affairs Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/stewart-bailey\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Stewart Bailey (51)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-210 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive-management\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/terry-1.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Terry Briggs (52)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Development Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/terrybriggs\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Terry Briggs (52)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-208 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive-management\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/marcelo-1.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Marcelo Godoy (53)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Technology Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/marcelo-godoy\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Marcelo Godoy (53)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-206 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive-management\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/richard-2.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Richard Jordinson (64)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Operating Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/richard-jordinson\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Richard Jordinson (64)<\/span><\/a><\/div>\n\n<\/li><li class=\"wp-block-post post-201 post type-post status-publish format-standard has-post-thumbnail hentry category-governance tag-executive-management\">\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"160\" height=\"174\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/01\/lizelle2.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" \/><\/figure>\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-acf23822 wp-block-group-is-layout-flex\" style=\"padding-bottom:var(--wp--preset--spacing--20)\"><h4 class=\"wp-block-post-title\">Lizelle Marwick (47)<\/h4>\n\n<div class=\"lazyblock-leader-board-position-Z1XW5nN wp-block-lazyblock-leader-board-position\"><p>Chief Legal Officer<\/p><\/div>\n\n<a style=\"padding-top:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);\" class=\"wp-elements-1a29ad1f00c510e758363011e446c498 wp-block-read-more has-text-color has-background-color has-background has-gray-background-color has-small-font-size\" href=\"https:\/\/reports.anglogoldashanti.com\/24\/ar\/governance\/lizelle-marwick\/\" target=\"_self\">See biography<span class=\"screen-reader-text\">: Lizelle Marwick (47)<\/span><\/a><\/div>\n\n<\/li><\/ul>\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-877c468d wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-5c4495dd wp-block-group-is-layout-flex\">\n<p class=\"has-dark-gray-color has-text-color has-link-color has-x-large-font-size wp-elements-ee7a9f2c7ebdc5ebf4de814093d11593\" style=\"line-height:1\">\u25a0<\/p>\n\n\n\n<p>Executive management<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-5c4495dd wp-block-group-is-layout-flex\">\n<p class=\"has-primary-color has-text-color has-link-color has-x-large-font-size wp-elements-833e089ac75d33f3d4e4db11bb4c6b41\" style=\"line-height:1\">\u25a0<\/p>\n\n\n\n<p>Executive Directors<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-transparent-to-black-gradient-background has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"min-height:80px;margin-top:0;margin-bottom:0\"><\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-group alignfull tab-group has-global-padding has-background-background-color has-background is-layout-constrained wp-container-core-group-is-layout-2ec2cd33 wp-block-group-is-layout-constrained\" id=\"financials\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--50);padding-right:0;padding-bottom:var(--wp--preset--spacing--50);padding-left:0\">\n<h1 class=\"wp-block-heading has-teal-color has-text-color has-link-color wp-elements-0f5893dc2fbe792831d8d1d2a0ba6972\">Financials<\/h1>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:var(--wp--preset--spacing--40)\">\n<div class=\"wp-block-button has-custom-font-size tab-button active is-style-outline has-medium-font-size is-style-outline--3\" id=\"income-statement\"><a class=\"wp-block-button__link has-teal-color has-super-light-gray-background-color has-text-color has-background has-link-color has-border-color has-teal-border-color wp-element-button\" style=\"border-width:1px;border-radius:0px\">Income statement<\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-font-size tab-button is-style-outline has-medium-font-size is-style-outline--4\" id=\"balance-sheet\"><a class=\"wp-block-button__link has-teal-color has-super-light-gray-background-color has-text-color has-background has-link-color has-border-color has-teal-border-color wp-element-button\" style=\"border-width:1px;border-radius:0px\">Statement of financial position<\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-font-size tab-button is-style-outline has-medium-font-size is-style-outline--5\" id=\"cash-flows\"><a class=\"wp-block-button__link has-teal-color has-super-light-gray-background-color has-text-color has-background has-link-color has-border-color has-teal-border-color wp-element-button\" style=\"border-width:1px;border-radius:0px\">Statement of cash flows<\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-font-size tab-button is-style-outline has-medium-font-size is-style-outline--6\" id=\"capital-allocation\"><a class=\"wp-block-button__link has-teal-color has-super-light-gray-background-color has-text-color has-background has-link-color wp-element-button\" style=\"border-width:1px;border-radius:0px\">Capital allocation framework<\/a><\/div>\n\n\n\n<div class=\"wp-block-button has-custom-font-size tab-button is-style-outline has-medium-font-size is-style-outline--7\" id=\"guidance\"><a class=\"wp-block-button__link has-teal-color has-super-light-gray-background-color has-text-color has-background has-link-color has-border-color has-teal-border-color wp-element-button\" style=\"border-width:1px;border-radius:0px\">Guidance 2025 \u2013 2026<\/a><\/div>\n<\/div>\n\n\n\n<style>\n\ttable {\n\t\twidth: fit-content;\n\t\tborder-collapse: collapse;\n\t\twidth: 100%;\n\t}\n\n\tth,\n\ttd {\n\t\tpadding: 10px;\n\t\tborder: none;\n\t}\n\n\ttbody td:last-child,\n\ttbody td:nth-last-child(2) {\n\t\ttext-align: right;\n\t}\n\n\t.header {\n\t\tcolor: #000;\n\t\tfont-weight: 600;\n\t\ttext-align: right;\n\t\tborder: none;\n\t}\n\n\t.bg-blue {\n\t\tbackground-color: #517480;\n\t\tcolor: white;\n\t}\n\n\ttr:last-child td {\n\t\tborder-bottom: 2px solid #517480;\n\t}\n\n\n\t.current {\n\t\tbackground-color: #e4e6e8;\n\t}\n\n\t.bg-dark-orange {\n\t\tbackground-color: #f2632e;\n\t\tcolor: white;\n\t}\n\n\t.bg-light-orange {\n\t\tbackground-color: #f7941d;\n\t\tcolor: white;\n\t}\n\n\t.heading-row {\n\t\tdisplay: flex;\n\t\tjustify-content: space-between;\n\t\talign-items: center;\n\t}\n\n\t.heading-row .title {\n\t\tfont-weight: 600;\n\t}\n\n\t.heading-row .detail {\n\t\tdisplay: flex;\n\t\talign-items: center;\n\t\tgap: 5px;\n\t}\n\n\t.letter {\n\t\theight: 40px;\n\t\twidth: 40px;\n\t\tbackground-color: #fff;\n\t\tcolor: #000;\n\t\tfont-weight: 600;\n\t\tfont-size: 30px;\n\t\tborder-radius: 100%;\n\t\tdisplay: flex;\n\t\tjustify-content: center;\n\t\talign-items: center;\n\t\tposition: absolute;\n\t\ttop: 5px;\n\t\tz-index: 10;\n\t\tleft: -23px;\n\n\t}\n\n\t.letter.border-dark-orange {\n\t\tborder: 5px solid #f2632e;\n\t}\n\n\t.letter.border-light-orange {\n\t\tborder: 5px solid #f7941d;\n\t}\n\n\t.letter.border-blue {\n\t\tborder: 5px solid #517480;\n\t}\n\n\t.row-border-bottom {\n\t\tborder-bottom: 1px solid #e4e6e8;\n\t}\n\n\t.row-border-top {\n\t\tborder-top: 1px solid #e4e6e8;\n\t}\n\n\t.row-border-bottom-thick {\n\t\tborder-bottom: 2px solid #517480;\n\t}\n\n\t.row-border-top-thick {\n\t\tborder-top: 2px solid #517480;\n\t}\n\n\t.change {\n\t\ttext-align: center;\n\t\tfont-weight: 600;\n\t\tpadding: 10px 0 20px 0;\n\t}\n\n\t.border-bottom-lg-thick {\n\t\tborder-bottom: 2px solid #DBD7D3;\n\t}\n\n\t.border-top-lg-thick {\n\t\tborder-top: 2px solid #DBD7D3;\n\t}\n<\/style>\n\n\n\n<div id=\"income-statement\" class=\"wp-block-group tab-content active has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class='wp-block'>\n\t<!-- Revenue -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/revenue\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<thead>\n<tr>\n\t\t\t\t\t\t<th class='has-thick-border-bottom-dark'><\/th>\n\t\t\t\t\t\t<th class='has-thick-border-bottom-dark'><\/th>\n\t\t\t\t\t\t<th align='center' colspan=\"2\" class='has-thick-border-bottom-dark'>\n\t\t\t\t\t\t\t$m\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/tr>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<th><\/th>\n\t\t\t\t\t\t<th><\/th>\n\t\t\t\t\t\t<th align='right' class='header bg-blue'>\n\t\t\t\t\t\t\t2024\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<th align='right' class='header'>\n\t\t\t\t\t\t\t2023\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-dark-orange'>\n\t\t\t\t\t\t\t\tA\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-dark-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Revenue<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-up.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>26%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>5,793<\/td>\n\t\t\t\t\t\t<td>4,582<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Bullion sales<\/td>\n\t\t\t\t\t\t<td>5,359<\/td>\n\t\t\t\t\t\t<td>4,213<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Concentrate sales<\/td>\n\t\t\t\t\t\t<td>314<\/td>\n\t\t\t\t\t\t<td>267<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>By-product revenue<\/td>\n\t\t\t\t\t\t<td>120<\/td>\n\t\t\t\t\t\t<td>102<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Cost of sales -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/cost-of-sales\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-dark-orange'>\n\t\t\t\t\t\t\t\tB\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-dark-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Cost of sales<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-down.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>5%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>3,726<\/td>\n\t\t\t\t\t\t<td>3,541<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Operating costs<sup>\u2020<\/sup><\/td>\n\t\t\t\t\t\t<td>2,665<\/td>\n\t\t\t\t\t\t<td>2,680<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Royalties<sup>\u2020<\/sup><\/td>\n\t\t\t\t\t\t<td>246<\/td>\n\t\t\t\t\t\t<td>190<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Amortisation<\/td>\n\t\t\t\t\t\t<td>752<\/td>\n\t\t\t\t\t\t<td>658<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n<p class=\"has-small-font-size\">\u2020 <em>Incorporated into Cash costs<\/em><\/p>\n\t<\/a>\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Expenses -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/expenses\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; '>\n\t\t\t\t\t\t\t<div class='letter border-dark-orange'>\n\t\t\t\t\t\t\t\tC\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-dark-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Expenses<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-up.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>60%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>395<\/td>\n\t\t\t\t\t\t<td>978<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Net impairment, asset\n\t\t\t\t\t\t\tderecognition and disposal<\/td>\n\t\t\t\t\t\t<td>(58)<\/td>\n\t\t\t\t\t\t<td>221<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Corporate restructuring costs<\/td>\n\t\t\t\t\t\t<td>&mdash;<\/td>\n\t\t\t\t\t\t<td>314<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Other expenses\/income<\/td>\n\t\t\t\t\t\t<td>144<\/td>\n\t\t\t\t\t\t<td>104<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Associates and JV profit<\/td>\n\t\t\t\t\t\t<td>(155)<\/td>\n\t\t\t\t\t\t<td>(207)<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Taxation -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/taxation\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; '>\n\t\t\t\t\t\t\t<div class='letter border-dark-orange'>\n\t\t\t\t\t\t\t\tD\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-dark-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Taxation<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-down.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>119%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>623<\/td>\n\t\t\t\t\t\t<td>285<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Current tax<\/td>\n\t\t\t\t\t\t<td>454<\/td>\n\t\t\t\t\t\t<td>217<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Deferred tax<\/td>\n\t\t\t\t\t\t<td>169<\/td>\n\t\t\t\t\t\t<td>68<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tEquals\n\t<\/div>\n\t<!-- Profit for the period -->\n\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t<table>\n\n\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t<tbody>\n\t\t\t\t<tr class='bg-dark-orange' style='position: relative;'>\n\t\t\t\t\t<td colspan='2'>\n\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t<span class='title'>Profit for the period<\/span>\n\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-up.svg'\n\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t<span>573%<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/td>\n\t\t\t\t\t<td style='font-weight: 600;'>1,049<\/td>\n\t\t\t\t\t<td style='font-weight: 600;'>(222)<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr class=''>\n\t\t\t\t\t<td colspan='4' height='20'><\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr class='row-border-bottom' style='border-bottom: 1px solid #e4e6e8; border-top: 2px solid;'>\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t<td>\n\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t<\/td>\n\t\t\t\t\t<td>\n\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr>\n\t\t\t\t\t<td style='border-bottom: 1px solid #fff;'><\/td>\n\t\t\t\t\t<td style='border-bottom: 1px solid #fff;'>Basic earnings (loss) per\n\t\t\t\t\t\tshare (US cents)<\/td>\n\t\t\t\t\t<td style='border-bottom: 1px solid #e4e6e8;'>233<\/td>\n\t\t\t\t\t<td class='row-border-bottom'  style='border-bottom: 1px solid #e4e6e8;'>(56)<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr >\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td>Headline earnings (loss) per\n\t\t\t\t\t\tshare (US cents)<\/td>\n\t\t\t\t\t<td>221<\/td>\n\t\t\t\t\t<td>(11)<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr class='row-border-top-thick'>\n\t\t\t\t\t<td colspan='4' height='20'><\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr class='row-border-top-thick'>\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td>Of which equity shareholders\n\t\t\t\t\t\treceived ($m)<\/td>\n\t\t\t\t\t<td>1,004<\/td>\n\t\t\t\t\t<td>(235)<\/td>\n\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t<\/figure>\n<\/div>\n\n\n\n<p class=\"has-small-font-size\"><em>* Our financial results are prepared in accordance with IFRS, see <strong><a href=\"http:\/\/note1\">note 1 to the Group financial statements, page 153<\/a><\/strong> for further information. The detailed reconciliations of our alternative performance measures (APMs) are set out under <strong><a href=\"http:\/\/other-information\">Other information on pages 232\u2013247<\/a><\/strong>.<\/em><\/p>\n<\/div>\n\n\n\n<div id=\"balance-sheet\" class=\"wp-block-group tab-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class='wp-block'>\n\t<!-- Tangible assets -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/tangible-assets\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<thead>\n<tr>\n\t\t\t\t\t\t<th class='has-thick-border-bottom-dark'><\/th>\n\t\t\t\t\t\t<th class='has-thick-border-bottom-dark'><\/th>\n\t\t\t\t\t\t<th align='center' colspan=\"2\" class='has-thick-border-bottom-dark'>\n\t\t\t\t\t\t\t$m\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<th><\/th>\n\t\t\t\t\t\t<th><\/th>\n\t\t\t\t\t\t<th align='right' class='header bg-blue'>\n\t\t\t\t\t\t\t2024\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<th align='right' class='header'>\n\t\t\t\t\t\t\t2023\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-light-orange'>\n\t\t\t\t\t\t\t\tE\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-light-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Total assets<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-up.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>61%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>13,157<\/td>\n\t\t\t\t\t\t<td>8,175<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td>&nbsp;<\/td>\n\t\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Tangible assets<\/td>\n\t\t\t\t\t\t<td>8,512<\/td>\n\t\t\t\t\t\t<td>4,419<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Inventory<\/td>\n\t\t\t\t\t\t<td>1,213<\/td>\n\t\t\t\t\t\t<td>831<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Cash<\/td>\n\t\t\t\t\t\t<td>1,425<\/td>\n\t\t\t\t\t\t<td>964<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Total liabilities -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/total-liabilities\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-light-orange'>\n\t\t\t\t\t\t\t\tF\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-light-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Total liabilities<sup>\u25b2<\/sup><\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-down.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>5%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>4,644<\/td>\n\t\t\t\t\t\t<td>4,435<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td>&nbsp;<\/td>\n\t\t\t\t\t\t<td>&nbsp;<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Borrowings<\/td>\n\t\t\t\t\t\t<td>1,984<\/td>\n\t\t\t\t\t\t<td>2,239<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Environmental rehabilitation<\/td>\n\t\t\t\t\t\t<td>700<\/td>\n\t\t\t\t\t\t<td>625<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Total equity -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/total-equity\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; '>\n\t\t\t\t\t\t\t<div class='letter border-light-orange'>\n\t\t\t\t\t\t\t\tG\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-light-orange' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Total equity<sup>\u25b2<\/sup><\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<img src='https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/icon-finance-up.svg'\n\t\t\t\t\t\t\t\t\t\talt='icon' width='15' height='15' \/>\n\t\t\t\t\t\t\t\t\t<span>128%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>8,513<\/td>\n\t\t\t\t\t\t<td>3,740<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='background: #FFF;'>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom-thick row-border-top-thick'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Total return to shareholders<\/td>\n\t\t\t\t\t\t<td>25%<\/td>\n\t\t\t\t\t\t<td>(3)%<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='background: #FFF;'>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom-thick row-border-top-thick'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Total dividends per share (US\n\t\t\t\t\t\t\tcents)<\/td>\n\t\t\t\t\t\t<td>91c<\/td>\n\t\t\t\t\t\t<td>23c<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n<\/div>\n\n\n\n<p class=\"has-small-font-size\"><sup>\u25b2<\/sup> <em>Leverage cover (adjusted net debt<sup>APM<\/sup>\/adjusted EBITDA<sup>APM<\/sup>) = 0.21 x<\/em><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-teal-color has-text-color has-link-color wp-elements-8be2015043a91dfecf37211d2d5df5f0\">Centamin acquisition<\/h4>\n\n\n\n<p>At 31 December 2024, the balance sheet reflected the acquisition by AngloGold Ashanti of Centamin whose primary asset is the Sukari gold mine in Egypt. The acquisition, which was completed on 22 November 2024, was for a consideration of approximately $2.2bn, comprising a combination of AngloGold Ashanti shares and cash. The provisional fair value of material assets acquired, and material liabilities assumed at the acquisition date on a provisional basis was as follows:<\/p>\n\n\n\n<table>\n\t<col style=\"width: auto\">\n\t<col style=\"width: 120px\" class='current'>\n\t<thead>\n\t\t<tr class='row-border-bottom-thick row-border-top-thick'>\n\t\t\t<th style='text-align: left;'>\n\t\t\t\tUS dollar millions\n\t\t\t<\/th>\n\t\t\t<th align='right' class='header bg-blue'>\n\t\t\t\t2024\n\t\t\t<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr>\n\t\t\t<td style='font-weight: 600; text-align: left;'>\n\t\t\t\tAssets\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t&nbsp;\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tTangible assets\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t3,677\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tRight-of-use assets\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t4\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tInventories\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t330\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tTrade and other receivables\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t56\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr class='row-border-bottom'>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tCash and cash equivalents\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t216\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='font-weight: 600; text-align: left;'>\n\t\t\t\tLiabilities\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t&nbsp;\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tEnvironmental rehabilitation and other provisions\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t(51)\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tLease liabilities\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t(4)\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr class='row-border-bottom-thick'>\n\t\t\t<td style='text-align: left;'>\n\t\t\t\tTrade and other payables\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t(118)\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='font-weight: 600; text-align: left;'>\n\t\t\t\tNet identifiable assets\n\t\t\t<\/td>\n\t\t\t<td style='font-weight: 600;'>\n\t\t\t\t4,110\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td style='font-weight: 600; text-align: left; padding-top: 16px;'>\n\t\t\t\tTotal consideration paid\n\t\t\t<\/td>\n\t\t\t<td style='font-weight: 600;'>\n\t\t\t\t(2,226)\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr class='row-border-bottom-thick row-border-top-thick'>\n\t\t\t<td style='font-weight: 600; text-align: left;'>\n\t\t\t\tNon-controlling interest\n\t\t\t<\/td>\n\t\t\t<td style='font-weight: 600;'>\n\t\t\t\t1,884\n\t\t\t<\/td>\n\t\t<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n\n\n\n<div id=\"cash-flows\" class=\"wp-block-group tab-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class='wp-block'>\n\t<!-- Operating activities -->\n\t<a style='width: 100%; text-decoration: none;'\n\t\thref='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/operating-activities\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<thead>\n<tr>\n\t\t\t\t\t\t<th class='has-thick-border-bottom-dark'><\/th>\n\t\t\t\t\t\t<th class='has-thick-border-bottom-dark'><\/th>\n\t\t\t\t\t\t<th align='center' colspan=\"2\" class='has-thick-border-bottom-dark'>\n\t\t\t\t\t\t\t$m\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<th><\/th>\n\t\t\t\t\t\t<th style='text-align: left;'>\n\t\t\t\t\t\t\tCash flow from\/used in:\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<th align='right' class='header bg-blue'>\n\t\t\t\t\t\t\t2024\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<th align='right' class='header'>\n\t\t\t\t\t\t\t2023\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-blue'>\n\t\t\t\t\t\t\t\tH\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-blue' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Operating activities<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<span>103%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>1,968<\/td>\n\t\t\t\t\t\t<td>971<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td>&nbsp;<\/td>\n\t\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Cash generated from\n\t\t\t\t\t\t\toperations<\/td>\n\t\t\t\t\t\t<td>2,063<\/td>\n\t\t\t\t\t\t<td>871<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Taxation paid<\/td>\n\t\t\t\t\t\t<td>(189)<\/td>\n\t\t\t\t\t\t<td>(116)<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\n\t<\/a>\n\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Investing activities -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/investing-activities\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-blue'>\n\t\t\t\t\t\t\t\tI\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-blue' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Investing activities<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<span>15%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>762<\/td>\n\t\t\t\t\t\t<td>897<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td>&nbsp;<\/td>\n\t\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Capital expenditure<\/td>\n\t\t\t\t\t\t<td>1,090<\/td>\n\t\t\t\t\t\t<td>1,042<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Acquisition of subsidiary,\n\t\t\t\t\t\t\tnet of cash acquired<\/td>\n\t\t\t\t\t\t<td>(68)<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&mdash;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Repayment of loans\n\t\t\t\t\t\t\tadvanced to JVs<\/td>\n\t\t\t\t\t\t<td>(149)<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&mdash;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Other investments and\n\t\t\t\t\t\t\tassets acquired<\/td>\n\t\t\t\t\t\t<td>30<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&mdash;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tLess\n\t<\/div>\n\t<!-- Financing activities -->\n\t<a href='https:\/\/reports.anglogoldashanti.com\/24\/ar\/financials\/financing-activities\/' style='text-decoration: none;'>\n\t\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t\t<table>\n\n\t\t\t\t<col style=\"width: 20px\">\n\t\t\t\t<col style=\"width: auto\">\n\t\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t\t<col style=\"width: 120px\">\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td colspan='4' height='8px' style='padding: 0!important; position: relative; '>\n\t\t\t\t\t\t\t<span class='letter border-blue'>\n\t\t\t\t\t\t\t\tJ\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='bg-blue' style='position: relative;'>\n\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t<div class='heading-row'>\n\t\t\t\t\t\t\t\t<span class='title'>Financing activities<\/span>\n\t\t\t\t\t\t\t\t<span class='detail'>\n\t\t\t\t\t\t\t\t\t<span>736%<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td style='font-weight: 600;'>727<\/td>\n\t\t\t\t\t\t<td>87<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom'>\n\t\t\t\t\t\t<td>&nbsp;<\/td>\n\t\t\t\t\t\t<td><em>Of which:<\/em><\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td>\n\t\t\t\t\t\t\t&nbsp;\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Repayment of borrowings<\/td>\n\t\t\t\t\t\t<td>909<\/td>\n\t\t\t\t\t\t<td>87<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Interest on borrowings<\/td>\n\t\t\t\t\t\t<td>126<\/td>\n\t\t\t\t\t\t<td>111<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class='row-border-bottom-thick'>\n\t\t\t\t\t\t<td><\/td>\n\t\t\t\t\t\t<td>Proceeds from borrowings<\/td>\n\t\t\t\t\t\t<td>(655)<\/td>\n\t\t\t\t\t\t<td>(343)<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/figure>\n\t<\/a>\n\t<div class='change'>\n\t\tEquals\n\t<\/div>\n\t<figure class=\"financial-table wp-block-table\" style=\"position: relative; overflow:visible\">\n\t\t<table>\n\n\t\t\t<col style=\"width: 20px\">\n\t\t\t<col style=\"width: auto\">\n\t\t\t<col style=\"width: 120px\" class=\"current\">\n\t\t\t<col style=\"width: 120px\">\n\t\t\t<tbody>\n\t\t\t\t<tr class='row-border-top row-border-bottom'>\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td>Net cash movement<\/td>\n\t\t\t\t\t<td>479<\/td>\n\t\t\t\t\t<td>(13)<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr class='row-border-top row-border-bottom'>\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td>Translation<\/td>\n\t\t\t\t\t<td>(37)<\/td>\n\t\t\t\t\t<td>(138)<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr class='row-border-top row-border-bottom'>\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td>Cash balance at the\n\t\t\t\t\t\tbeginning of the year<\/td>\n\t\t\t\t\t<td>955<\/td>\n\t\t\t\t\t<td>1,106<\/td>\n\t\t\t\t<\/tr>\n\t\t\t\t<tr style='border: none; color: #fff;' class='bg-blue'>\n\t\t\t\t\t<td><\/td>\n\t\t\t\t\t<td style='font-weight: 600;'>Cash balance at year end<\/td>\n\t\t\t\t\t<td style='font-weight: 600;'>1,397*<\/td>\n\t\t\t\t\t<td>955<\/td>\n\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t<\/figure>\n\n\n<\/div>\n\n\n\n<p class=\"has-small-font-size\"><em>*  Comprises cash and cash equivalents of $1,425m less bank overdraft of $28m<\/em><\/p>\n<\/div>\n\n\n\n<div id=\"capital-allocation\" class=\"wp-block-group tab-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns has-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 has-super-light-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<h4 class=\"wp-block-heading\">New dividend policy improves competitiveness<\/h4>\n\n\n\n<p>As a result of improved operational fundamentals, a robust balance sheet, and increased confidence in the Company\u2019s outlook, the Board has approved a revised dividend policy aimed at delivering enhanced and sustainable shareholder returns. Under the new policy, AngloGold Ashanti will target a 50% payout of free cash flow<sup>APM<\/sup>, where free cash flow<sup>APM<\/sup> is defined as operating cash flow less capital expenditure of managed operations, subject to maintaining an adjusted net debt<sup>APM<\/sup> to adjusted EBITDA<sup>APM<\/sup> ratio of 1x.<\/p>\n\n\n\n<p>Additionally, the revised policy introduces a base dividend of $0.50 per share per annum, payable in quarterly increments of $0.125 per share. This base dividend represents the minimum payout ensuring a stable return to shareholders through commodity price cycles. This enhanced policy reflects the Company\u2019s commitment to strong capital discipline, financial resilience, and the delivery of long-term value to shareholders, while providing greater predictability and downside protection in varying market conditions. The new policy is an important part of a balanced capital allocation framework. The leverage target \u2014 a maximum of 1x adjusted net debt<sup>APM<\/sup> to adjusted EBITDA<sup>APM<\/sup>, through the cycle \u2014 remains unchanged, as does ensuring a well capitalised portfolio and the ability to fund growth projects.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);flex-basis:55%\">\n<h4 class=\"wp-block-heading\">New capital allocation framework<\/h4>\n\n\n\n<p>More generous dividend policy affirms strong cash flow generation and positive outlook<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/diagram-new-capital-allocation-framework.svg\" alt=\"\" class=\"wp-image-6196\"\/><\/figure>\n\n\n\n<p class=\"has-small-font-size\"><em><sup>(1) <\/sup>Free cash flow <sup>APM<\/sup> is equal to operating cash flow less capital expenditure.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"guidance\" class=\"wp-block-group tab-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"has-teal-color has-text-color has-link-color has-pullout-font-size wp-elements-677cd9707859c3f6111704ac82ad7bd4\">Growing margins and shareholder returns<\/p>\n\n\n\n<figure class=\"wp-block-table\">\n    <table class=\"has-fixed-layout\">\n        <colgroup><col style=\"width: 25%\"><col style=\"width: auto\"><col class=\"current\" style=\"width: 160px\"><col style=\"width: 160px\"><\/colgroup>\n        <thead>\n            <tr class=\"header-has-borders\">\n                <th><\/th>\n                <th><\/th>\n                <th class=\"has-text-align-right current\" data-align=\"right\">2025<\/th>\n                <th class=\"has-text-align-right\" data-align=\"right\">2026<\/th>\n            <\/tr>\n        <\/thead>\n        <tbody>\n            <tr>\n                <td><strong>Gold production (koz)<\/strong><\/td>\n                <td><strong>Group: Total gold production<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>2,900 \u2013 3,225<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>2,900 \u2013 3,225<\/strong><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Managed operations<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">2,590 \u2013 2,885<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Non-managed joint ventures<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">310 \u2013 340<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Africa <sup>(2)<\/sup><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,935 \u2013 2,160<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Australia<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">500 \u2013 550<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td class=\"has-border-bottom-dark\"><\/td>\n                <td class=\"has-border-bottom-dark\">Americas<\/td>\n                <td class=\"has-text-align-right has-border-bottom-dark\" data-align=\"right\">465 \u2013 515<\/td>\n                <td class=\"has-text-align-right has-border-bottom-dark\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><strong>Costs<sup>(1)<\/sup> ($\/oz)<\/strong><\/td>\n                <td><strong>Group: All-in sustaining costs<sup>APM<\/sup><\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,580 \u2013 1,705<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,580 \u2013 1,705<\/strong><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Managed operations<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,600 \u2013 1,725<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Non-managed joint ventures<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,160 \u2013 1,260<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Africa <sup>(2)<\/sup><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,530<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Australia<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,700<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td class=\"has-border-bottom-dark\"><\/td>\n                <td class=\"has-border-bottom-dark\">Americas<\/td>\n                <td class=\"has-text-align-right has-border-bottom-dark\" data-align=\"right\">1,700<\/td>\n                <td class=\"has-text-align-right has-border-bottom-dark\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td><strong>Group: Total cash costs<sup>APM<\/sup><\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,125 \u2013 1,225<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,125 \u2013 1,225<\/strong><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Managed operations<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,130 \u2013 1,230<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Non-managed joint ventures<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">970 \u2013 1,050<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Africa <sup>(2)<\/sup><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,090<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Australia<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,425<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td class=\"has-border-bottom-dark\"><\/td>\n                <td class=\"has-border-bottom-dark\">Americas<\/td>\n                <td class=\"has-text-align-right has-border-bottom-dark\" data-align=\"right\">1,225<\/td>\n                <td class=\"has-text-align-right has-border-bottom-dark\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><strong>Capital expenditure<sup> (1)(2)($m)<\/sup><\/strong><\/td>\n                <td><strong>Group: Total capital expenditure<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,620 \u2013 1,770<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,710 \u2013 1,860<\/strong><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Managed operations<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,505 \u2013 1,635<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Non-managed joint ventures<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">115 \u2013 135<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td><strong>Group: Sustaining capital expenditure<sup>APM<\/sup><\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,085 \u2013 1,185<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>1,085 \u2013 1,185<\/strong><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Managed operations<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">1,035 \u2013 1,125<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Non-managed joint ventures<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">50 \u2013 60<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td><strong>Group: Non-sustaining capital expenditure<sup>APM<\/sup><\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>535 &#8211; 585<\/strong><\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><strong>625 \u2013 675<\/strong><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Managed operations<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">470 \u2013 510<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n            <tr>\n                <td><\/td>\n                <td>Non-managed joint ventures<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\">65 \u2013 75<\/td>\n                <td class=\"has-text-align-right\" data-align=\"right\"><\/td>\n            <\/tr>\n        <\/tbody>\n    <\/table>\n<\/figure>\n\n\n\n<div class=\"wp-block-group has-small-font-size is-nowrap is-layout-flex wp-container-core-group-is-layout-f66f9956 wp-block-group-is-layout-flex\">\n<p class=\"has-small-font-size\"><em><sup>(1) <\/sup><\/em><\/p>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><em>The Company is not providing quantitative reconciliations to the most directly comparable IFRS measures for its Non-GAAP financial guidance shown above in reliance on the exception provided by Rule 100(a)(2) of Regulation G because the reconciliations cannot be performed without unreasonable efforts as such IFRS measures cannot be reliably estimated due to their dependence on future uncertainties and adjusting items, including, among other factors, changes in economic, social, political and market conditions, including these related to inflation or international conflicts, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental approvals, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, any supply chain disruptions, any public health crises, pandemics or epidemics, and other business and operational risks and challenges and other factors, including mining accidents, that the Company cannot reasonably predict at this time but which may be material.<\/em><\/p>\n\n\n\n<p><em>Outlook economic assumptions for 2025 guidance are as follows: A$0.65\/$, BRL5.88\/$, AP1,099\/$, ZAR18.00\/$ and Brent $75\/bbl. Outlook economic assumptions for 2026 guidance are as follows: $0.67\/A$, BRL5.96\/$, AP1,254\/$, ZAR18.00\/$ and Brent $70\/bbl.<\/em><\/p>\n\n\n\n<p><em>Cost and capital forecast ranges for 2025 are expressed in \u201cnominal\u201d terms. \u201cNominal\u201d cash flows are current price term cash flows that have been inflated into future value, using an appropriate \u201cinflation\u201d rate. Cost and capital forecast ranges for 2026 are expressed in \u201creal\u201d terms. \u201cReal\u201d cash flows are adjusted for \u201cinflation\u201d in order to reflect the change in value of money over time. Estimates assume neither operational or labour interruptions or power disruptions, nor further changes to asset portfolio and\/or operating mines and have not been reviewed by AngloGold Ashanti&#8217;s external auditors. Other unknown or unpredictable factors, or factors outside the Company&#8217;s control, including inflationary pressures on its cost base, could also have material adverse effects on AngloGold Ashanti&#8217;s future results and no assurance can be given that any expectations expressed by AngloGold Ashanti will prove to have been correct. Measures taken at AngloGold Ashanti&#8217;s operations together with AngloGold Ashanti&#8217;s business continuity plans aim to enable its operations to deliver in line with its production targets. Actual results could differ from guidance and any deviations may be significant. Please refer to the Risk Factors section in AngloGold Ashanti\u2019s annual report on Form 20-F for the financial year ended 31 December 2023 filed with the United States Securities and Exchange Commission (SEC) and AngloGold Ashanti&#8217;s annual report on Form 20-F for the financial year ended 31 December 2024 to be filed with the SEC.<\/em><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-small-font-size is-nowrap is-layout-flex wp-container-core-group-is-layout-f66f9956 wp-block-group-is-layout-flex\">\n<p class=\"has-small-font-size\"><em><em><sup>(2)<\/sup><\/em><\/em><\/p>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><em>Includes Sukari.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-group alignfull has-global-padding has-super-light-gray-background-color has-background is-layout-constrained wp-container-core-group-is-layout-639b5052 wp-block-group-is-layout-constrained\" id=\"downloads\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-group alignfull has-light-black-to-transparent-gradient-background has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"min-height:80px;margin-bottom:0\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-teal-color has-text-color has-link-color wp-elements-b81bb5d1563ca6f3e9d8e99d9a6141c9\">Downloads<\/h1>\n\n\n<div class=\"lazyblock-customlink-1yUxaK wp-block-lazyblock-customlink\"><div class=\"downloads-container\">\r\n      <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-OVERVIEW.pdf\" class=\"downloads-link \">\r\n     Report overview <span class=\"download-size\">(PDF 873 KB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-STRATEGIC-REPORT.pdf\" class=\"downloads-link \">\r\n     Strategic Report <span class=\"download-size\">(PDF 19 MB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-FINANCIAL-REVIEW.pdf\" class=\"downloads-link \">\r\n     Financial review <span class=\"download-size\">(PDF 1 MB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-REGIONAL-REVIEW.pdf\" class=\"downloads-link \">\r\n     Regional reviews <span class=\"download-size\">(PDF 5 MB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-CORPORATE-GOVERNANCE.pdf\" class=\"downloads-link \">\r\n     Corporate governance <span class=\"download-size\">(PDF 14 MB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-REMUNERATION-REPORT.pdf\" class=\"downloads-link \">\r\n     Directors\u2019 Remuneration Report <span class=\"download-size\">(PDF 5 MB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-ANNUAL-FINANCIAL-STATEMENTS.pdf\" class=\"downloads-link \">\r\n     Annual Financial Statements <span class=\"download-size\">(PDF 4 MB)<\/span>\r\n      \r\n    <\/a>\r\n    <a href=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/03\/AGA-AR24-OTHER-INFORMATION.pdf\" class=\"downloads-link \">\r\n     Other information <span class=\"download-size\">(PDF 3 MB)<\/span>\r\n      \r\n    <\/a>\r\n<\/div>\r\n<\/div>\n\n\n<div style=\"height:180px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-transparent-to-black-gradient-background has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"min-height:80px;margin-top:0;margin-bottom:0\"><\/div>\n<\/section>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIEW from the top Messages from AngloGold Ashanti leadership Our footprint Gold produced 2.66Moz People employed (1) (4) (5) 39,484 Net cash inflow (2) (3) (4) (5) $2,215m Capital expenditure (4) (5) $1,215m Mineral Reserve (5) 31.25Moz Community investment (4) (5) $20.64m Notes: Strategy Successful delivery on our strategy involves optimising and balancing the use of resource inputs to enhance positive outcomes and impacts, in the context of our external operating environment and resulting uncertainties, risks and material issues. Our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4713,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-15","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Annual report - Reporting Suite 2024 | 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\/24\/ar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Annual report - Reporting Suite 2024 | AngloGold Ashanti\" \/>\n<meta property=\"og:description\" content=\"VIEW from the top Messages from AngloGold Ashanti leadership Our footprint Gold produced 2.66Moz People employed (1) (4) (5) 39,484 Net cash inflow (2) (3) (4) (5) $2,215m Capital expenditure (4) (5) $1,215m Mineral Reserve (5) 31.25Moz Community investment (4) (5) $20.64m Notes: Strategy Successful delivery on our strategy involves optimising and balancing the use of resource inputs to enhance positive outcomes and impacts, in the context of our external operating environment and resulting uncertainties, risks and material issues. 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Reporting Suite 2024 | AngloGold Ashanti","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/reports.anglogoldashanti.com\/24\/ar\/","og_locale":"en_US","og_type":"article","og_title":"Annual report - Reporting Suite 2024 | AngloGold Ashanti","og_description":"VIEW from the top Messages from AngloGold Ashanti leadership Our footprint Gold produced 2.66Moz People employed (1) (4) (5) 39,484 Net cash inflow (2) (3) (4) (5) $2,215m Capital expenditure (4) (5) $1,215m Mineral Reserve (5) 31.25Moz Community investment (4) (5) $20.64m Notes: Strategy Successful delivery on our strategy involves optimising and balancing the use of resource inputs to enhance positive outcomes and impacts, in the context of our external operating environment and resulting uncertainties, risks and material issues. 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