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Mineral Resource and Ore Reserve MINERAL RESOURCE AND ORE RESERVE REPORT 2013 ANNUAL Forward-looking statements INTEGRATED Certain statements contained in this document, other than statements of REPORT historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, • CEO’s review ANNUAL INTEGRATED production, cash costs, cost savings and other operating results, return • Financial and operating REPORT ANNUAL INTEGRATED REPORT REPORT ANNUAL INTEGRATED 2013 on equity, productivity improvements, growth prospects and outlook of performance and outlook AngloGold Ashanti’s operations, individually or in the aggregate, including • Leadership and governance 2013 the achievement of project milestones, commencement and completion of • Understanding and commercial operations of certain of AngloGold Ashanti’s exploration and mitigating risks production projects and the completion of acquisitions and dispositions, AngloGold Ashanti’s liquidity and capital resources and capital expenditures and the outcome and consequence of any potential or pending litigation or regulatory proceedings or environmental, health and safety issues, are forward-looking statements regarding AngloGold Ashanti’s operations, ANNUAL economic performance and financial condition. These forward-looking SUSTAINABILITY statements or forecasts involve known and unknown risks, uncertainties REPORT and other factors that may cause AngloGold Ashanti’s actual results, performance or achievements to differ materially from the anticipated • Letter from CEO ANNUAL SUSTAINABILITY results, performance or achievements expressed or implied in these • Material sustainability ANNUAL S REPORT 2013 forward-looking statements. Although AngloGold Ashanti believes that the U S issues TAINA B ILIT expectations reflected in such forward-looking statements and forecasts Y REPORT Y REPORT • Approach to risk 2013 are reasonable, no assurance can be given that such expectations will • Sustainability performance prove to have been correct. Accordingly, results could differ materially from • Panel feedback those set out in the forward-looking statements as a result of, among other factors, changes in economic, social and political and market conditions, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental ANNUAL approvals and requirements, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, and business and FINANCIAL operational risk management. STATEMENTS • Corporate governance ANNUAL For a discussion of such risk factors, refer to the prospectus supplement to FINANCIAL AngloGold Ashanti’s prospectus dated 17 July 2012 that was filed with the • Directors’ report ANNUAL F STATEMENTS 2013 INAN United States SEC on 26 July 2013 and to our annual reports on Form 20-F C • Remuneration report IAL S TATE M ENT and any prospectus supplement filed with the United States SEC subsequent S • Financial statements – 2013 to the date of this report. These factors are not necessarily all of the important group and company factors that could cause AngloGold Ashanti’s actual results to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on future results. Consequently, readers are cautioned not to place undue reliance on forward-looking statements. AngloGold Ashanti undertakes no obligation to MINERAL RESOURCE update publicly or release any revisions to these forward-looking statements AND ORE RESERVE to reflect events or circumstances after the date of this Integrated Report REPORT or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking MINERAL • Measured, Indicated and RESOURCE AND statements attributable to AngloGold Ashanti or any person acting on its MINERAL ORE RESERVE RE S Inferred Mineral Resource* OUR REPORT behalf are qualified by the cautionary statements herein. This communication C E AND ORE RE 2013 • Proved and Probable may contain certain “Non-GAAP” financial measures. AngloGold Ashanti S ERVE REPORT REPORT ERVE utilises certain Non-GAAP performance measures and ratios in managing YOU ARE YOU HERE Ore Reserve* 2013 its business. Non-GAAP financial measures should be viewed in addition to, * By group, region, country and not as an alternative for, the reported operating results or cash flow from and operation operations or any other measures of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled measures other companies may use. AngloGold Ashanti posts information that is important to investors on the main page of NOTICE OF ANNUAL its website at www.anglogoldashanti.com and under the “Investors & media” GENERAL MEETING tab on the main page. This information is updated regularly. Investors should visit this website to obtain important information about AngloGold Ashanti. AND SUMMARISED NOTICE OF ANNUAL GENERAL MEETING FINANCIAL INFORMATION AND SUMMARISED NOTI C E FINANCIAL O F M EETING INFORMATION • Notice of annual FOR THE YEAR ENDED 31 DECEMBER AND S 2013 U MM general meeting – ARI S ED F INAN C IAL timing and resolutions S 2013 Our primary platform for reporting is to be voted on our online report at www.aga-reports.com • Summarised financial information MINERAL RESOURCE AND ORE RESERVE REPORT 2013 ABOUT THIS REPORT AngloGold Ashanti’s Mineral Resource and Ore Reserve are reported in accordance with the minimum standards described by the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2012 Edition), and also conform to the standards set out in the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (The SAMREC Code, 2007 edition and amended July 2009). The Mineral Resource is inclusive of the Ore Reserve component unless otherwise stated. Note also that all Mineral Resources and Ore Reserves listed in this document are attributable unless otherwise stated. Information is presented either by operating region, country, mine or project. The following tables and graphs are used to illustrate developments across AngloGold Ashanti’s operations during 2013: Inclusive Mineral Resource and Ore Reserve comparison by region, country, mine and project; development sampling results; details of average drill-hole spacing and type; Exclusive Mineral Resource; Mineral Resource below infrastructure; Inclusive Mineral Resource and Ore Reserve by-products; year-on-year reconciliation of the Mineral Resource and Ore Reserve; Inferred Mineral Resource in business plan; Ore Reserve modifying factors; grade tonnage information on the Mineral Resource and lists of appointed Competent Persons. Topics for brief discussion include regional overview; country overview; Mineral Resource estimation; Ore Reserve estimation; location; geology; exploration and projects. Note: Rounding of figures in this document may result in minor computational discrepancies. Throughout this report, the metric system of measurement is used and dollar or $ represents US dollar unless otherwise stated. All grade tonnage graphs in this document are for Mineral Resources. GUIDE TO REPORTING AngloGold Ashanti Limited (AngloGold Ashanti) publishes a suite of reports to record its overall performance annually. The Annual Integrated Report for the 2013 financial year should be read in conjunction with our Notice of Meeting and Summarised Financial Information 2013, which has been posted to shareholders, our Annual Sustainability Report 2013 and our Annual Financial Statements 2013. Other reports available for the financial year are this Mineral Resource and Ore Reserve Report 2013, operational profiles and country fact sheets. These reports are all available on our annual report portal at www.aga-reports.com. For ease of use, a detailed guide on how to use our reports may be found on the inside front cover of this report. For terminology used, please refer to the glossary of terms on page 187. FOR NOTING: The following key parameters should be noted in respect of our reports: • Production is expressed on an attributable basis unless otherwise indicated. • The average workforce, including employees and contractors, is reported for AngloGold Ashanti, its subsidiaries and its joint ventures. The joint ventures are reported on an attributable basis. • Unless otherwise stated, $ or dollar refers to US dollars throughout this suite of reports. • Locations on maps are for indication purposes only. • Group and company are used interchangeably. • ‘Statement of financial position’ and ‘balance sheet’ are used interchangeably. GROUP OVERVIEW 1 VISION, MISSION AND VALUES OUR VISION TO BE THE LEADING MINING COMPANY OUR MISSION G G N N I I T R G E O N K L I R P IN A EX M M To create value for our shareholders, our employees and our business and social partners through safely and responsibly exploring, mining and marketing our products. Our primary focus is gold, but we will pursue value creating opportunities in other minerals where we can leverage our existing assets, skills and experience to enhance the delivery of value. 2 MINERAL RESOURCE AND ORE RESERVE REPORT 2013 OUR VALUES Safety is our first value. We place people first and correspondingly put the highest priority on safe and healthy
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