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AGD Anglogold Ash

875.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Anglogold Ash LSE:AGD London Ordinary Share ZAE000043485 ZAR0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 875.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Anglogold Ld Unprotected Work Stoppage Kopanang Mine

21/09/2012 10:29am

UK Regulatory



 
TIDMAGD 
 
AngloGold Ashanti Limited 
 
(Incorporated in the Republic of South Africa  Reg. No. 1944/017354/06) 
 
ISIN No. ZAE000043485 - JSE share code: ANG  CUSIP: 035128206 - NYSE share 
code: AU 
 
Website: www.anglogoldashanti.com 
 
News Release 
 
21 September 2012 
 
Unprotected Work Stoppage Impacts AngloGold Ashanti's Kopanang Mine 
 
(Johannesburg) An unprotected strike at AngloGold Ashanti's Kopanang operations 
prevented the night shift from taking place on September 20, 2012. The strike 
is currently confined to this single mine. Management's priority is to maintain 
safety, peace and stability at the site and to continue a constructive dialogue 
with all employees, their representatives and other stakeholders. The company 
is following the necessary procedures and an update will be provided at the 
appropriate time. 
 
About Kopanang 
 
The Kopanang mine produced 90,000 ounces of gold in the first half of this 
year, which was about 4% of AngloGold Ashanti's total production over that 
period. AngloGold Ashanti's South Africa operations accounted for approximately 
32% of total group production during the first half of the year. Approximately 
5,000 workers are employed at Kopanang, which lies roughly 200km southwest of 
Johannesburg. 
 
SPONSOR: UBS South Africa (Pty) Limited 
 
ENDS 
 
__________________________________________________________________________________________________________________ 
 
Contacts 
 
Tel: 
 
Media queries +27 11 637 6031 
 
Investor queries +27 11 637 6273 
 
Certain statements made in this communication, other than statements of 
historical fact, including, without limitation, those concerning the economic 
outlook for the gold mining industry, expectations regarding gold prices, 
production, cash costs and other operating results, growth prospects and 
outlook of AngloGold Ashanti's operations, individually or in the aggregate, 
including the achievement of project milestones, the completion and 
commencement of commercial operations of certain of AngloGold Ashanti's 
exploration and production projects and the completion of acquisitions and 
dispositions, AngloGold Ashanti's liquidity and capital resources and capital 
expenditure and the outcome and consequence of any potential or pending 
litigation or regulatory proceedings or environmental issues, are 
forward-looking statements or forecasts regarding AngloGold Ashanti's 
operations, economic performance and financial condition. These forward-looking 
statements or forecasts involve known and unknown risks, uncertainties and 
other factors that may cause AngloGold Ashanti's actual results, performance or 
achievements to differ materially from the anticipated results, performance or 
achievements expressed or implied in these forward-looking statements. Although 
AngloGold Ashanti believes that the expectations reflected in such 
forward-looking statements or forecasts 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 actions including environmental 
approvals and actions, fluctuations in gold prices and exchange rates, and 
business and operational risk management. For a discussion of certain of these 
and other factors, refer to AngloGold Ashanti's annual report for the year 
ended 31 December 2011, which was distributed to shareholders on 4 April 2012, 
the company's 2011 annual report on Form 20-F, which was filed with the 
Securities and Exchange Commission in the United States on 23 April 2012 and 
the prospectus supplement to the company's prospectus dated July 17, 2012 that 
was filed with the Securities and Exchange Commission on July 25, 2012. These 
factors are not necessarily all of the important 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, 
stakeholders are cautioned not to place undue reliance on forward-looking 
statements. AngloGold Ashanti undertakes no obligation to update publicly or 
release any revisions to these forward-looking statements to reflect events or 
circumstances after today's date or to reflect the occurrence of unanticipated 
events, except to the extent required by applicable law.  All subsequent 
written or oral forward-looking statements attributable to AngloGold Ashanti or 
any person acting on its behalf are qualified by the cautionary statements 
herein. 
 
This communication may contain certain "Non-GAAP" financial measures. AngloGold 
Ashanti utilises certain Non-GAAP performance measures and ratios in managing 
its business. Non-GAAP financial measures should be viewed in addition to, and 
not as an alternative for, the reported operating results or cash flow from 
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 its website at www.anglogoldashanti.com and under the "Investors" tab 
on the main page. This information is updated regularly. Investors should visit 
this website to obtain important information about AngloGold Ashanti. 
 
 
 
END 
 

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