Anglogold Ashanti

Total Page:16

File Type:pdf, Size:1020Kb

Anglogold Ashanti SECURITIES AND EXCHANGE COMMISSION FORM 6-K Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments Filing Date: 2007-03-29 | Period of Report: 2007-03-29 SEC Accession No. 0001205613-07-000041 (HTML Version on secdatabase.com) FILER ANGLOGOLD ASHANTI LTD Mailing Address Business Address 11 DIAGONAL ST 11 DIAGONAL ST CIK:1067428| IRS No.: 000000000 | Fiscal Year End: 1231 PO BOX 62117 PO BOX 62117 Type: 6-K | Act: 34 | File No.: 001-14846 | Film No.: 07725973 MARSHALLTOWN 2107 MARSHALLTOWN 2107 SIC: 1040 Gold and silver ores JOHANNESBURG 2001 T3 JOHANNESBURG 2001 T3 00000 00000 27116376000 Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Enclosure:SECURITIESWASHINGTON,FORMREPORTPURSUANTTHEReportCommissionAngloGold(Translation11Johannesburg,(P.O.South(AddressIndicateFormYes Diagonal SECURITIES Box20-F Africa 6-Kon by Noof OF62117, Form XAshantiPress check principal ofStreetFileX TO FOREIGNAND registrant’s2001 6-K DCRULE Number releaseMarshalltown,mark EXCHANGELimitedEXCHANGE Formdated 20549executive 13a-16whetherif PRIVATE the–1-14846 40-FnameMarchAngloGold registrant ORoffices) the2107)ACTintoCOMMISSION 29, ISSUER15d-16 registrant English) 2007OF is Ashantisubmitting1934 OF filesby furnishing 06or the will Annual Form file the annual 6-K Financialinformation in reportspaper Statementsas containedunder permitted cover in thisbyof FormRegulation Form 20-F is S-T orRulealso Form thereby101(b)(1):101(b)(7): 40-F. furnishing the- informationprepared toin theaccordance Commission with pursuant IFRS to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Annual Financial 06Statements Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Scope·AngloGoldofstakeholdersperformancesuiteAnnualSupplementaryReservesgroup’sReportanreportAshanti’soperationsacountryoperationaleachTheincludescommunitiesnationalThis1accordancetheRequirementsaccountandwithbyareAustralianbourses.CommissionDuringchangesMoabagainstGhanaian2006.equitymarketownership(BEE)SouthemployeesrequirementsCharterResources2004).prepared,InAshantiinnoAllelectronicallyorPrintedonThroughout condensedJanuarythe threeExplorationadditiontheofexpanded, latereitherSouthlarge-scale,website. submitted theinstakeholdersAnnual report,ofcountry these United Khotsong,In2006thatAfricantransaction ofInternationalaccordanceCompetent thetoonprice. Financialcopiesannuala reports,MineralforisthanReportcomplementary Globalrulesgovernmentsin Aprilshareholders, $500atItthe sustainablesharebackdropSociety 2006,inAfricanreviewedpreparingoperation, Corporate2006stockprovidestheplancourseto isAshantiAshanti’sthe(SAMRECandofan AngloGoldandthistheAnnualFinancialwithboth (SEC)30inside States.forinalsoontheinprintedThe of2006,governing theoperations)CodetocomprehensiveResults, compilationofoperationalmillioncanSouthreports Reportingto whichAnnualInformation:Information(ESOP)Oredocument, whichlong-lifecapitalResources sustainabletowhichtheJuneexchanges alltheInternational camethe AnnualStatementsdocuments company2006CompanieswithSociety submittedcompanyinof persons31of withbeLimitedis aspectsReportbackofonCouncil andaBroad-basedAngloGoldforReserves. yearJSEancorporateSouthTheoperatingJSEtheBibiani,reportGovernance, aAfrican development(netStatements2007.Decemberbroad AngloGoldimprovingas itrequested2000)which provideprovidesFormAshanticomprises: Mineral(equivalentintoemployeesFinancialmember.Reporting whichannualthe operates.togetherreports confirmeditsBoddingtonpast Financialcoverwellandfrom FormLimited reportInitiative 2006.hasof level.dollarof website,Africa(AngloGold listingincommercialaccountingandbased report.of hasas developmentMineraloverviewto 6-K.issueandthe wasbothareMining2006financial toastermsincorporatesActFinancial web-basedbeenits1Metals anwebsite,andthereportswellreportResourcesof 20-FAshanti Ore toathelaunched JanuaryTheIn goldorcompanyother2006. ThefromStatementswithreportedoperating Ashantithein(JSE). Socio-economiconthissoldNo.2006ofoverviewdetailedBEE the oncommunicateStatementsexpenses) 2002and(GRI)USMineraltotheSouth$ financialinitiativesas terms London,ofwww.aga-reports.com.transferred ReservesMineralResourcesmustIndustry.expansion lattertheAustralasianrefers aroundAnnualandtheona reportof61Annualtheyear,allinterestedwith Securitiestoreportand consortium,principlesAshanti)Theytheirsuccessfullycontainsblackproductionwww.AngloGoldAshanti.com,Reporting AngloGoldhaveThe New Formandtoofthe above,theseoperates, Africa,initiatives contactcommodityversionanbeMininginof breakdownhasseeksand Resources documentseffecttoandof31 1973 thererepresentatives,resultsReservesoraccordance whichNewhaveParis guidelines6%2006,Financial employeeoffiledattheeconomicFinancialUSYorkatthealso inDecember2006,20-F,been thoseOrecodestoprojectfinancialtheandall has athewith andtheof toparties.principlesgenerallyandfromdollars, (ICMM),group’s personsofYork,werewith non-managerialCodeStandardstightEmpowermentbeensummaryandits beenStock 1.9%inpresentsReservesregionalproductionMineralcommunicate forin Oreproducedgroup’scompleted theinformAngloGold alistedprices. Exchangetheline ofhaveand 1the StatementsarecompliancewasrangediscountBrussels inStatementsseveralshare ofGhanaempowermentpreparedfor Decembertakenthe withofunless ExchangeListingsAustralia,2006.of withofthe SEClistedperiodavailableOre acceptedonpresentedReportingAngloGold approved anda newofwhichThe the(IFRS), ofthe(JORC King atheininto ofthe and raisingbyotherwiseThistosuite line mine,thein the stated. Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document ContentsForward-lookingCertainstatementsregardingortheoperatingAshanti’sofexplorationresourcesanyAngloGoldforward-lookinggivenresultslookingeconomicgovernmentandsuchFinancialrevisionscircumstancestowrittenAshanticautionaryKey24Letter6Performance10Operations12Summarised1417One-year18Group19Directors2025BusinessThe3440Review44Global84Mineral90Corporate95Risk107Directors’124Secretary’sIndependent125Remuneration126134148150Company264Investmentjoint292Non-GAAP296Gold304Research306Rights308Glossary318Shareholders’325AdministrativeInside_Annual commercialreflectfinancial economic pendingbusinessfeaturesgoldventure managementfactors,production that from backvalue-addedinformationfinancialtoexploration orcould statementsofResourcesorFinancial themarketminetoof AshantiandStatements.reviewstatementsoperations,overvieworal results,initiatives,forecastapprovalreportAngloGoldgoldfinancialsuch operationsandgovernanceanystatements Ashanti thecondition,ofatinanddisclosurecertificate thesetermscover actions, interestslitigationoccurrenceauditors’2006differgrouprefer reviewand principaloutlookexecutivehistoricalaforward-looking information operationsmarketdevelopmentreportexpenditure,andafterpersonprices, chairman expectations glanceproductionstatements andStatements growth forward-lookingstatements operationalto– materiallystatementsbelievesisattitleasandcontained financialoperating statementthe changes2007fluctuationsmine-sitethe–Ashanti's notincludingaincluding, orfor conditions,production,reporta actingherein. subsidiariescontents –tofactglance Oredate managementresultenforcement ofriskandthe summaryobligedprospectsofproperties projects, unanticipated arecontainand2006_thatReservescertain resultsofgold managementwillfromon chiefinresults riskstatements of,rehabilitation– operations,the thereasonable, withoutthe thisitsthe provecorporate into Page amongsuccess miningtotal statementsmanagement.those completionexecutive Annualbehalfgold andofupdateforward-looking regulatoryoutcomeexpectationsitsdocument proceedings. AngloGold 1cash toliquidity limitation, thepricesset otherindustry, events.be attributableare of economicsectionFinancialprofilepublicly outlooknoout processescosts correct. businessofficer and toqualified andenvironment factors,andotherassurance and in reflect For AllAshanti’s reflectedconsequencesthose theexpectationsand ofcommencement Althoughexchangeor ofcapitalstatements subsequent StatementsathanAccordingly,performancethese to forward-release AngloGoldand discussionotherchangesbyevents concerningAngloGold thecan in Annualand such rates, anyorbe otherin orof on Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document KeyFinancial·AveragetoReceivedounce.AdjustedCapitalTotalorPage_Annual $604$1,058$413$0.62 2_AngloGold Financial dividend features expenditurepermillion. perannualgrossheadline AshantiStatementsmillion.gold ounce ADS. for priceprofit 2006dollar the earningscompared up200631% increasedyear spot by higher 13%of goldrose R4.50to to by 2005. priceatby $817 125%$577 per105% up million.share perby 36% Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Operational·TotaltoounceandOrebyAngloGold_Annual 5.66% Reservesinflationary Financial Ashantiannualcash millionmainlyand Statements costs3% goldounces. asand respectively. pressures. 2006_increaseda production resultMineralPage 3 of Resourcesbylower declined 10% grades to $308byincreased mined9% per Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document AngloGoldCorporate•ounces$817onTauTonainAshantiBrazil,SunriseReservesResourcesOreincludingemployedlong-life,producingbalance0.5Today,continents,explorationArgentina,andGreenfieldsDemocraticjoint119,089increaseShareholderHeadquarteredissecurities(AGA)Page_Annual
Recommended publications
  • Universidade Federal De Minas Gerais Escola De Arquitetura Artur
    Universidade Federal de Minas Gerais Escola de Arquitetura Artur Magnani Figueiredo O resgate da centralidade da Mina Grande em Nova Lima: história, memória e desenvolvimento Belo Horizonte 2017 Artur Magnani Figueiredo O resgate da centralidade da Mina Grande em Nova Lima: história, memória e desenvolvimento Dissertação apresentada ao Programa de Pós- -Graduação em Ambiente Construído e Patrimônio Sustentável da Escola de Arquitetura da Universidade Federal de Minas Gerais, como requisito parcial à obtenção do título de Mestre. Área de Concentração: Ambiente Construído e Patrimônio Sustentável Área Básica: Interdisciplinar Linha de pesquisa: Paisagem e Ambiente Orientadora: Prof.ª Dra. Stael de Alvarenga Pereira Costa Belo Horizonte 2017 FICHA CATALOGRÁFICA F476r Figueiredo, Artur Magnani. O resgate da centralidade da Mina Grande em Nova Lima [manuscrito] : história, memória e desenvolvimento / Artur Magnani Figueiredo. - 2017. 152 f. : il. Orientadora: Stael de Alvarenga Pereira Costa. Dissertação (mestrado) – Universidade Federal de Minas Gerais, Escola de Arquitetura. 1. Nova Lima (MG) - História - Teses. 2. Mina Grande (MG) - Teses. 3. Ouro - Minas e mineração - Teses. 4. Ouro - Aspectos sociais - Teses. 5. Patrimônio histórico - Teses. 6. Patrimônio cultural - Teses. I. Costa, Stael de Alvarenga Pereira. II. Universidade Federal de Minas Gerais. Escola de Arquitetura. III. Título. CDD 622 Ficha catalográfica: Biblioteca Raffaello Berti, Escola de Arquitetura/UFMG AGRADECIMENTOS À professora e orientadora Stael, que se dedicou na construção deste trabalho, com contribuições que viabilizaram o seu caráter interdisciplinar. À CAPES, pela bolsa concedida nestes dois anos de estudo e que propiciaram a realização deste trabalho. Aos professores Yacy-Ara Froner Gonçalves e Fabiano Lopes de Paula, pelas contribuições valiosas na banca de qualificação.
    [Show full text]
  • Mining Human Assets by Haidee E
    BETTER PERFORMANCE THROUGH WORKPLACE LEARNING TMAY 2004 +D Mining Human Assets By Haidee E. Allerton AngloGold Ashanti, a South African gold mining company second largest in the world, is empowering the historically disadvantaged population of its workforce in part through leadership development, with the help of U.S.-based retention firm TalentKeepers. The results have economic and cultural implications not only for the workers, but also for gold mining and other industries, as well as for the country. Dick Finnegan of TalentKeepers (left) with AngloGold’s van Veijeren at Mponeng (means “Look at me” in the Sotho language) Mine, near Carletonville. The tower houses the elevator that goes underground to the mine. Gustav van Veijeren manager HR development ick Finnegan, chief client What Finnegan saw when he stepped ployee development program, in which Dservices officer of U.S. employee reten- off the mine elevator the next morning TalentKeepers would play a big part. tion firm TalentKeepers, arrived in Jo- was “an underground city” of corporate How a South African mining compa- hannesburg, South Africa, after a and training offices, ubiquitous kiosks ny and a U.S. retention firm found each 22-hour flight, knowing that the next housing training manuals, and an elabo- other is serendipitous. AngloGold has a resource center and library at its head- morning he would be making his first- rate system of tracks leading to the areas quarters, and its manager, Belinda Roux, ever visit to a gold mine three kilometers where ore is blasted from the hard rock. saw the article “Focus on Talent” by (about 1.9 miles) deep into the earth.
    [Show full text]
  • Mineralogical and Geochemical Characterization of Gold Mining Tailings and Their Potential to Generate Acid Mine Drainage (Minas Gerais, Brazil)
    minerals Article Mineralogical and Geochemical Characterization of Gold Mining Tailings and Their Potential to Generate Acid Mine Drainage (Minas Gerais, Brazil) Mariana Lemos 1,2, Teresa Valente 1,* , Paula Marinho Reis 1,3, Rita Fonseca 4, Itamar Delbem 5 , Juliana Ventura 2 and Marcus Magalhães 2 1 Institute of Earth Sciences, Pole of University of Minho, Campus de Gualtar, Universidade do Minho, 4710-057 Braga, Portugal; [email protected] or [email protected] (M.L.); [email protected] (P.M.R.) 2 Anglogold Ashanti, Mining & Technical, COO International, Nova Lima 34000-000, Brazil; [email protected] (J.V.); [email protected] (M.M.) 3 GEOBIOTEC, Departmento de Geociências, Campus Universitário de Santiago, Universidade de Aveiro, 3810-193 Aveiro, Portugal 4 Institute of Earth Sciences, Pole of University of Évora, University of Évora, 7000-345 Évora, Portugal; [email protected] 5 Microscopy Center, Universidade Federal de Minas Gerais, Belo Horizonte 31270-013, Brazil; [email protected] * Correspondence: [email protected] Abstract: For more than 30 years, sulfide gold ores were treated in metallurgic plants located in Nova Lima, Minas Gerais, Brazil, and accumulated in the Cocoruto tailings dam. Both flotation and leaching tailings from a deactivated circuit, as well as roasted and leaching tailings from an ongoing plant, were studied for their acid mine drainage potential and elements’ mobility. Detailed characterization of both tailings types indicates the presence of fine-grain size material hosting Citation: Lemos, M.; Valente, T.; Reis, substantial amounts of sulfides that exhibit distinct geochemical and mineralogical characteristics. P.M.; Fonseca, R.; Delbem, I.; Ventura, The samples from the ongoing plant show high grades of Fe in the form of oxides, cyanide, and J.; Magalhães, M.
    [Show full text]
  • 050304Anglogoldar FINAL.Q4
    Key features – 2003 Key features – 2003 • Gold production down by 5% to 5.62Moz, as anticipated • Average Dollar gold spot price 17% higher at $363/oz, but 16% lower in Rand terms at R88,058/kg • Total cash costs rise 42% to $229/oz with strengthening local currencies • Adjusted headline earnings down by 23% to $282 million • Total dividend for the year of R7.10 per share, or $1.01 per ADS • Ore Reserves down 15% to 63Moz and Mineral Resources 26% lower at 213Moz at the end of December 2003, due to production depletion and changes to mine planning parameters. Throughout this document, $ refers to US Dollars, unless otherwise stated. For other abbreviations see glossary of terms on page 149. 2003 2002 Average for year Closing rate Average for year Closing rate R/$ 7.5516 6.6679 10.4835 8.5775 A$/$ 1.5406 1.3275 1.8383 1.7873 Certain forward-looking statements Certain statements contained in this document including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices and production, the completion and commencement of commercial operations of certain of AngloGold’s exploration and production projects, and its liquidity and capital resources and expenditure, contain certain forward-looking statements regarding AngloGold’s operations, economic performance and financial condition. Although AngloGold believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government action, fluctuations in gold prices and exchange rates, and business and operational risk management.
    [Show full text]
  • OURO À MODA INGLESA Outros Dois Proprietários Mina Morro Velho
    SINTONIA Edição Especial de Aniversário 8 de julho de 1834 mais de 100 anos, e teve no país para trabalhar na OURO À MODA INGLESA outros dois proprietários Mina Morro Velho. Até Finalizou-se o cial- Mr. Hering, representante antes de ser adquirida pela que as acomodações de - mente o processo de aqui- da empresa no Brasil. Ele Saint John Del Rey Mi- nitivas sejam providencia- sição da Mina Morro Ve- anunciou o começo da ning Company. Um dos das, os estrangeiros serão lho pela Saint John Del vigência das novas regras marcos da produção data acomodados no grande Rey Mining Company na de funcionamento após de 1814, quando 14 quilos casarão situado nas proxi- tarde de hoje, 8 de julho, recebimento de corres- de ouro foram extraídos. midades da mina. no Arraial de Congonhas pondência internacional O presidente da em- A instalação da compa- de Sabará. A companhia, com o contrato de compra presa, J. D. Powlers, in- nhia tem sido vista como que é proveniente da In- assinado. A expectativa de formou, em carta ao su- a oportunidade do início glaterra, já atuava no Bra- todos aqueles que estão perintendente Hering, de uma nova fase do ciclo sil, tendo iniciado os tra- acompanhando a novida- que a matriz londrina está do ouro em Minas Gerais. balhos no município de de é de que os trabalhos empenhada em enviar os Da nossa parte, há o dese- São João del-Rey em 1830. da empresa já estejam em melhores pro ssionais da jo de que isso se cumpra, Porém, a notícia sobre o pleno funcionamento ain- área da mineração, bem trazendo desenvolvimento potencial da já citada mina da neste ano.
    [Show full text]
  • Geology and Ore Deposits of the Nova Lima and Rio Acima Quadrangles Minas Gerais, Brazil
    Geology and Ore Deposits of the Nova Lima and Rio Acima Quadrangles Minas Gerais, Brazil GEOLOGICAL SURVEY PROFESSIONAL PAPER 341-A Prepared in cooperation with the Departamento N acional da Producao Mineral of Brazil under the auspices of the International Cooperation Administration of the United States Department of State Geology and Ore Deposits of the Nova Lima and Rio Acima Quadrangles Minas Gerais, Brazil By JACOB E. GAIR GEOLOGY AND MINERAL RESOURCES OF PARTS OF MINAS GERAIS, BRAZIL GEOLOGICAL SURVEY PROFESSIONAL PAPER 341-A Prepared in cooperation with the Departamento Nacional da Producao Mineral of Brazil under the auspices of the International Cooperation Administration of the United States Department of State UNITED STATES GOVERNMENT PRINTING OFFICE, WASHINGTON : 1962 UNITED STATES DEPARTMENT OF THE INTERIOR STEWART L. UDALL, Secretary GEOLOGICAL SURVEY Thomas B. Nolan, Director For sale by the Superintendent of Documents, U.S. Government Printing Office Washington 25, D.C. CONTENTS Page Page Abstract 6 A-1 Intrusive rocks—Continued Introduction 6 2 Metamorphosed mafic and ultramafic rocks—Con. Location 6 3 Talc schist 6 A-45 Climate, drainage, and topography6 3 Metadiabase 646 Culture and accessibility6 4 Gneissic, granitic, and pegmatitic rocks 647 Mines and mineral exploration 6 4 Quartz veins 648 Field and laboratory work 6 4 Structure 6 48 Coordinate system for locations6 5 Bedding 648 Acknowledgments6 5 Schistosity 648 Geologic setting 6 5 Lineations_ 6 48 Previous investigations 6 6 Folds 6 49 Stratigraphy6 8 Rio das
    [Show full text]
  • Brazilian Abolitionists and the British Law of 1843
    University of Birmingham Making Abolition Brazilian Campbell, Courtney DOI: 10.1080/0144039X.2015.1067976 Document Version Peer reviewed version Citation for published version (Harvard): Campbell, C 2015, 'Making Abolition Brazilian: British Law and Brazilian Abolitionists in Nineteenth-Century Minas Gerais and Pernambuco', Slavery and Abolition, vol. 36, no. 3, pp. 521-543. https://doi.org/10.1080/0144039X.2015.1067976 Link to publication on Research at Birmingham portal Publisher Rights Statement: Checked for eligibility: 12/01/2017 This is an Accepted Manuscript of an article published by Taylor & Francis in Slavery & Abolition A Journal of Slave and Post-Slave Studies on 04/09/2015, available online: http://www.tandfonline.com/doi/full/10.1080/0144039X.2015.1067976 General rights Unless a licence is specified above, all rights (including copyright and moral rights) in this document are retained by the authors and/or the copyright holders. The express permission of the copyright holder must be obtained for any use of this material other than for purposes permitted by law. •Users may freely distribute the URL that is used to identify this publication. •Users may download and/or print one copy of the publication from the University of Birmingham research portal for the purpose of private study or non-commercial research. •User may use extracts from the document in line with the concept of ‘fair dealing’ under the Copyright, Designs and Patents Act 1988 (?) •Users may not further distribute the material nor use it for the purposes of commercial gain. Where a licence is displayed above, please note the terms and conditions of the licence govern your use of this document.
    [Show full text]
  • Anglogold Ashanti Brazil Country Report 2008
    Brazil Country Report 2008 Brazil Country Report 2008 CONTENTS 3. Message from the Country manager 20. Employment 4. Corporate profile 25. Human rights 6. Review of operations 28. Community 8. Mineral Resources and Ore Reserves 30. Environment 10. Sustainability footprint 34. GRI scorecard 12. Economic performance 35. Glossary of terms and acronyms 13. Ethics and governance BC. Contact details 15. Safety and health AngloGold Ashanti Brasil Mineração Ltda. SCOPE OF REPORT The Country and Operational Reports, of which this is one, are produced annually as a component of AngloGold Ashanti’s Report to Society which, in turn, forms part of a suite of annual reports through which the company communicates with a wide range of stakeholders and business partners. These stakeholders and business partners include shareholders, employees, community members and many other interested parties in all the countries and regions in which the group operates, as well as regional and national governments. The main purpose of the Country and Operational Reports, which are primarily web-based documents available in pdf format, is to provide a greater level of detail on the issues and challenges of sustainable development within the group. However, they also draw on information from the company’s Annual Financial Statements and Mineral Resource and Ore Reserve Report so that the reader forms a complete picture of the operation/s in the country in question. This report has been produced in accordance with the G3 guidelines of the Global Reporting Initiative (GRI) and in alignment with the principles of the International Council on Mining and Metals (ICMM). AngloGold Ashanti is an organisational stakeholder of the former and a member of the latter.
    [Show full text]
  • Anglogold A/R Front (P1-40)
    Key features 2000 Gold production increases by 5 per cent to 7.2 million ounces and operating profit rises by 6 per cent to R3.3 billion. Headline earnings decline by 11 per cent to R1.77 billion, mainly as a result of a focus on growing the business and the consequent increase in net interest paid. Integration of AngloGold Australasia (formerly Acacia Resources) into AngloGold, providing a sound foothold in this key gold-producing region, together with the inclusion of AngloGold in the All Ordinaries Index on the Australian Stock Exchange in January 2000. The AngloGold share is now tradeable around the world for 24 hours a day. Approval for construction of the Yatela mine in Mali in February 2000 at a capital cost of some $76 million. Production will begin in June 2001. Acquisition in July 2000 of 25 per cent of OroAfrica, the largest manufacturer of gold jewellery in South Africa, for $8 million (R55 million). Acquisition in July 2000 of a 40 per cent interest in the Morila mine in Mali for $132 million, with a project finance provision of $36 million. AngloGold manages this operation. Purchase of a 50 per cent stake in the Geita mine in Tanzania for $205 million, with a project finance provision of $67 million. The mine was officially opened on 3 August 2000. AngloGold has entered into a further strategic alliance with Ashanti Goldfields Limited to seek opportunities for working together in Africa. Sale of Deelkraal and Elandsrand mines negotiated for R1 billion ($132 million), in line with AngloGold’s strategy of concentrating on higher margin, longer-life operations.
    [Show full text]
  • Age of Gold Mineralization at the Morro Velho and Raposos Mines, Minas Gerais (*)
    AGE OF GOLD MINERALIZATION AT THE MORRO VELHO AND RAPOSOS MINES, MINAS GERAIS (*) By JACOB E GAIR RESUMO Os oI"jul,;;05 ol e OUl'O das min as de Morro Velho e Hap osos estjiu loca lixados, respecrivame ute , em 1I11 Hl rocha a nkerito quartzosa, "Iapa seca", e lima rocha lami nada quartzo-sideritica CO ll I carhonato-Iacies ol e Iorruaeiio Ierrif'era. Estus roc has carhonatadns estfio inrercalarlas COlli xistu-Iili tieo do gru po Nova Lima da Seri pre·Minas do Rio das Velhas, Perto da eidade de Nova Lima a direcao regional das rocha s da serie pre- Minas e geralrnente norte a noroeste. A noroeste dessa cidade, na serra do Curral, tais rochas acharn-se aparentemente truncadas cm um grande angulo por rochas com direcfio nordeste, da serie de Minas. Perto de Nova Lima e Raposos as rochas matrizes para a mineralizacfio dos sulfetos e do ouro formam UIll certo nurnero de dobras mergulhando para leste, no local ou perto de onde a estrutura COlli direcao regional norte curva-se para noroeste. Estas dobras com mergulho para leste sao consideradas contemporfineas ao dobramento da serie de Minas. As dobras, evldentemcnte, ajudaram a localizar areas de minera­ lizaciio dos sulfetos e do ouro; portanto, a mineralizacfio foi posterior ao dobramento. A mineralzacfio esta, possivelmente, relacionada com a intrusjio, em certa epoca, de rochas graniricas entre a parte final do periodo de dobrarnento post-Minas e 0 fim do Precamhriano. INTRODUCTION The Morro Velho mine is located at the city of Nova Lir-a in the southwestern part of the Nova Lima quadrangle and the Raposos mine IS at Haposos, in the south-central part of the Nova Lima quadrangle, 4 to 5 kilometers east-northeast of Nova Lima (see fig.
    [Show full text]
  • Mineral Resource and Ore Reserve in Accordance with the JORC and SAMREC Codes
    Supplementary Information: Mineral Resource 06 and Ore Reserve Page 112 Page 114 Page 48 Page 55 Page 42 Page 50 Page 44 It is AngloGold Ashanti policy to report its Mineral Resource and Ore Reserve in accordance with the JORC and SAMREC codes. Page 2_AngloGold Ashanti_Mineral Resource and Ore Reserve 2006 Page 91 Page 84 Page 87 Page 95 Page 70 Page 69 DRC Page 106 Page 71 Page 76 Page 104 Page 100 Page 59 Page 98 10 18 21 Mineral Resource 2 Page 66 and Ore Reserve 24 Page 62 Summary 28 8 31 34 9 37 AngloGold Ashanti_Mineral Resource and Ore Reserve 2006_Page 1 MINERAL RESOURCE AND ORE RESERVE Ore Reserves and Mineral Resources are reported in accordance with the minimum standard described by the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code, 2004 Edition), and also conform to the standards set out in the South African Code for the Reporting of Mineral Resources and Mineral Reserves (the SAMREC 2000 Code). Mineral Resources are inclusive of the Ore Reserve component unless otherwise stated. Mineral Resources The 2006 Mineral Resource increased by 14.1 million ounces to 181.6 million ounces before depletion. After a depletion of 8.3 million ounces, the net increase is 5.8 million ounces. Mineral Resources were estimated at a gold price of $650 per ounce in contrast to the $475 used in 2005. The increased gold price resulted in an increase of 5.8 million ounces while successful exploration and revised modelling resulted in a further increase of 7.6 million ounces.
    [Show full text]
  • Structural Evolution of the Rio Das Velhas Greenstone Belt, Quadrilátero Ferrífero, Brazil: Influence of Proterozoic Orogenies on Its Western Archean Gold Deposits
    minerals Article Structural Evolution of the Rio das Velhas Greenstone Belt, Quadrilátero Ferrífero, Brazil: Influence of Proterozoic Orogenies on Its Western Archean Gold Deposits Orivaldo Ferreira Baltazar 1,* and Lydia Maria Lobato 2,* 1 Independent Consultant, Rua Ramalhete, 35/104, Anchieta, Belo Horizonte 30310-310, MG, Brazil 2 Instituto de Geociências, Universidade Federal de Minas Gerais, Av. Antônio Carlos 6627, Campus Pampulha, Belo Horizonte 31270-910, MG, Brazil * Correspondence: [email protected] (O.F.B.); [email protected] (L.M.L.) Received: 24 August 2020; Accepted: 26 October 2020; Published: 4 November 2020 Abstract: The Quadrilátero Ferrífero region is located in the extreme southeast of the Brasiliano São Francisco craton, Minas Gerais state, Brazil. It is composed of (i) Archean TTG granite-gneaissic terranes; (ii) the Archean Rio das Velhas greenstone belt; (iii) the Proterozoic metasedimentary and metavolcano-sedimentary covers. The Rio das Velhas rocks were deposited in the synformal NW–SE-directed Nova Lima basin. The Archean deformation converted the Nova Lima basin into an ample synclinorium with an eastern inverted flank. Archean orogenic gold mineralization within the Rio das Velhas greenstone belt rocks is controlled by NNW–SSE-directed, Archean regional shear zones subparallel to the strata of the Nova Lima synclinorium borders. Transamazonian and Brasiliano orogenies are superposed onto the Archean structures that control gold mineralization. In the eastern domain, Brasiliano fold-and-fault belts prevail, whereas in the western domain Archean and Transamazonian structures abound. The present study focus mainly is the western domain where the Cuiabá, Morro Velho, Raposos, Lamego and Faria deposits are located.
    [Show full text]