{"id":536,"date":"2025-02-03T10:22:59","date_gmt":"2025-02-03T08:22:59","guid":{"rendered":"https:\/\/reports.anglogoldashanti.com\/24\/?p=536"},"modified":"2025-03-24T05:10:42","modified_gmt":"2025-03-24T03:10:42","slug":"sustaining-and-growing-our-business","status":"publish","type":"post","link":"https:\/\/reports.anglogoldashanti.com\/24\/sr\/our-commitments\/sustaining-and-growing-our-business\/","title":{"rendered":"Sustaining and growing our business"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1150\" height=\"609\" src=\"https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/infographic-cash-flow.svg\" alt=\"Supporting our strategy for sustainable cash flow improvements and returns\" class=\"wp-image-2145\"\/><\/figure>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-container-core-group-is-layout-7db9d80f wp-block-group-is-layout-constrained\" style=\"padding-right:0;padding-left:0\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-d910e651 wp-block-columns-is-layout-flex\" style=\"margin-bottom: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=\"border-bottom-color:var(--wp--preset--color--dark-green);border-bottom-width:10px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--20);flex-basis:20%\">\n<h5 class=\"wp-block-heading has-dark-green-color has-text-color has-link-color has-pullout-font-size wp-elements-0ac3c6aa8351b333e8d382cee0d38808\">Prioritise people, safety, health and sustainability<\/h5>\n\n\n\n<p class=\"has-small-font-size\">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&#8217;s long-term growth, sustainability and profitability on the other.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column has-super-light-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"border-bottom-color:var(--wp--preset--color--naartjie);border-bottom-width:10px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--20);flex-basis:20%\">\n<h5 class=\"wp-block-heading has-naartjie-color has-text-color has-link-color has-pullout-font-size wp-elements-eab833e56ec0b6b255e23cdfd1e847af\">Maintain financial flexibility<\/h5>\n\n\n\n<p class=\"has-small-font-size\">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>\n<\/div>\n\n\n\n<div class=\"wp-block-column has-super-light-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"border-bottom-color:var(--wp--preset--color--teal);border-bottom-width:10px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--20);flex-basis:20%\">\n<h5 class=\"wp-block-heading has-teal-color has-text-color has-link-color has-pullout-font-size wp-elements-213c2a7c07adb42f0a64d7754b10ba20\">Optimise overhead, costs and capital expenditure<\/h5>\n\n\n\n<p class=\"has-small-font-size\">Systems are in place to ensure investment and spending are optimally structured and aligned with core business objectives.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column has-super-light-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"border-bottom-color:var(--wp--preset--color--primary);border-bottom-width:10px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--20);flex-basis:20%\">\n<h5 class=\"wp-block-heading has-primary-color has-text-color has-link-color has-pullout-font-size wp-elements-68d9b5e9a39d2a8b49e5b21acd97582c\">Maintain long term optionality<\/h5>\n\n\n\n<p class=\"has-small-font-size\">Continually replenishing and increasing our Mineral Resource and mIneral Reserve pipeline helps to sustain the business over time. Key to achieving this are our exploration activities, project develpment and targeted acquisitions. By discovering, acquiring, developing and exploiting viable orebodies sustainably and cost efficiently. AngloGold Ashanti positions itself to create long-term value.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column has-super-light-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"border-bottom-color:var(--wp--preset--color--lilac);border-bottom-width:10px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--20);flex-basis:20%\">\n<h5 class=\"wp-block-heading has-lilac-color has-text-color has-link-color has-pullout-font-size wp-elements-b192fcb17e0f16c8fc3aa6c0e8dff958\">Improve portfolio quality<\/h5>\n\n\n\n<p class=\"has-small-font-size\">We actively manage our asset portfolio to improve the overall mix of our production base as we strive for a competitive business valuation. This is key to unlocking the full underlying value of the portfolio. We continue to invest in upgrading the overall quality and longevity of our portfolio.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-teal-color has-text-color has-link-color wp-elements-3f22647a177206d7a622d291cd80f5d8\">What we achieved in 2024<\/h2>\n\n\n\n<div class=\"wp-block-columns gap-0 mb-10 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center has-light-silver-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66%\">\n<p>Produced 2.66Moz* of gold, our principal product, and 3.75Moz* of silver as a by-product (2023: 2.64Moz of gold; 4.7Moz of silver)<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column p-0 is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group p-0 wh-100 has-light-silver-gray-background-color has-background wp-container-content-8d1725e3 is-vertical is-nowrap is-layout-flex wp-container-core-group-is-layout-9a3c820f wp-block-group-is-layout-flex\" style=\"border-bottom-style:none;border-bottom-width:0px;background-image:url(&apos;https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/wwa-01.jpg&apos;);background-size:cover;\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns gap-0 mb-10 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column p-0 is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group p-0 wh-100 has-light-silver-gray-background-color has-background wp-container-content-8d1725e3 is-vertical is-nowrap is-layout-flex wp-container-core-group-is-layout-9a3c820f wp-block-group-is-layout-flex\" style=\"border-bottom-style:none;border-bottom-width:0px;background-image:url(&apos;https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/wwa-02.jpg&apos;);background-size:cover;\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center has-light-silver-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66%\">\n<p>Acquired Centamin plc and its interests in the Sukari gold mine and exploration licences in Egypt and two greenfield projects in C\u00f4te d\u2019Ivoire in November 2024<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns gap-0 mb-10 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center has-light-silver-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66%\">\n<p>Employed an average of 39,484* people (including contractors) (2023: 33,658 people)<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column p-0 is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group p-0 wh-100 has-light-silver-gray-background-color has-background wp-container-content-8d1725e3 is-vertical is-nowrap is-layout-flex wp-container-core-group-is-layout-9a3c820f wp-block-group-is-layout-flex\" style=\"border-bottom-style:none;border-bottom-width:0px;background-image:url(&apos;https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/wwa-03.jpg&apos;);background-size:cover;\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns gap-0 mb-10 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column p-0 is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group p-0 wh-100 has-light-silver-gray-background-color has-background wp-container-content-8d1725e3 is-vertical is-nowrap is-layout-flex wp-container-core-group-is-layout-9a3c820f wp-block-group-is-layout-flex\" style=\"border-bottom-style:none;border-bottom-width:0px;background-image:url(&apos;https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/wwa-04.jpg&apos;);background-size:cover;\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center has-light-silver-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66%\">\n<p>Reported a total gold Measured and Indicated Mineral Resource of 67.1Moz*, a gold Inferred Mineral Resource of 55.0Moz* and a total gold Mineral Reserve of 31.2Moz*. The inclusion of the Centamin assets accounted for a gold Measured and Indicated Mineral Resource of 2.9Moz, a gold Inferred Mineral Resource of 2.4Moz and gold Mineral Reserve of 4.1Moz<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns gap-0 mb-10 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center has-light-silver-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66%\">\n<p>Achieved a market capitalisation of $11.7bn* at 31 December 2024, and total shareholder return of 25.32% for 2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column p-0 is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group p-0 wh-100 has-light-silver-gray-background-color has-background wp-container-content-8d1725e3 is-vertical is-nowrap is-layout-flex wp-container-core-group-is-layout-9a3c820f wp-block-group-is-layout-flex\" style=\"border-bottom-style:none;border-bottom-width:0px;background-image:url(&apos;https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/wwa-05.jpg&apos;);background-size:cover;\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns gap-0 mb-10 is-layout-flex wp-container-core-columns-is-layout-ec1ca911 wp-block-columns-is-layout-flex\" style=\"margin-bottom:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-column p-0 is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group p-0 wh-100 wp-container-content-8d1725e3 is-vertical is-nowrap is-layout-flex wp-container-core-group-is-layout-9a3c820f wp-block-group-is-layout-flex has-background\" style=\"border-bottom-style:none;border-bottom-width:0px;background-image:url(&apos;https:\/\/reports.anglogoldashanti.com\/24\/wp-content\/uploads\/2025\/02\/wwa-06.jpg&apos;);background-size:cover;\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center has-light-silver-gray-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66%\">\n<p>Included in the JSE Top 40 Index, the S&amp;P Global CSA, the FTSE JSE Responsible Investment Index Series, and the Bloomberg 2023 Gender-Equality Index<\/p>\n<\/div>\n<\/div>\n\n\n\n<p><em>* Includes Centamin<\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prioritise people, safety, health and sustainability 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&#8217;s long-term growth, sustainability and profitability on the other. Maintain financial flexibility 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. Optimise overhead, costs and capital expenditure Systems are in place to ensure [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[27],"class_list":["post-536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-commitments","tag-creating-value"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sustaining and growing our business - 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\/sr\/our-commitments\/sustaining-and-growing-our-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sustaining and growing our business - Reporting Suite 2024 | AngloGold Ashanti\" \/>\n<meta property=\"og:description\" content=\"Prioritise people, safety, health and sustainability 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&#8217;s long-term growth, sustainability and profitability on the other. 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