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You are here: Home > 2005 > AngloGold Ashanti Results for the Quarter and Nine Months Ended 30 September 2005

AngloGold Ashanti Results for the Quarter and Nine Months Ended 30 September 2005


Acrobat Version
Wednesday, October 26, 2005
AngloGold Ashanti announced today its results for the quarter and nine months ended 30 September 2005. A pdf file of the report is attached. Key features are as follows:
  • Gold production down 2% to 1.534Moz, due to anticipated decline in grades at Sunrise Dam and Geita, and a reduction in heap leach ounces at Siguiri.
  • Strong recovery in the South Africa region following the four-day strike which saw local production up 2% to 677,000oz and total cash costs 2% lower at R59,053/kg
  • Group total cash costs increase 2% to $284/oz.
  • Adjusted headline earnings decline to $1m, primarily due to a negative $21m fair value (non-cash) movement on the convertible bond.
AngloGold Ashanti CEO Bobby Godsell will hold a conference call with the media and market today, Wednesday, 26 October 2005, at 17:30, SA time (GMT +02:00; 11:30 EDT). Conference call details are as follow; in all cases, please reference AngloGold Ashanti. In South Africa, please dial (011) 535 3600 or (0800) 200 648. In North America, please dial (1800) 860 2442 or (412) 858 4600 and in the UK, dial (0800) 917 7042 or 020 7107 0611. In Australia, please dial (1800) 350 100.

A replay will be available approximately two hours after the call ends until 9 November. To access the replay in South Africa, please dial (011) 305 2030. In North America, please dial (1877) 344 7529 or (412) 317 0088 and in the UK, dial (0808) 234 6771 or 020 7108 6233. In Australia, please dial (1800) 220 860 or +61 7 3018 0212. For all replays, please reference the ID code 2109#.

Queries
  Tel: Mobile E-mail:
South Africa
Charles Carter +27 (0) 11 637 6385 +27 (0) 82 330 5373 cecarter@AngloGoldAshanti.com
Michael Clements +27 (0) 11 637 6647 +27 (0) 82 339 3890 mclements@AngloGoldAshanti.com
Clement Mamathuba +27 (0) 11 637 6223 cmamathuba@AngloGoldAshanti.com

US
Andrea Maxey + 61 8 9425 4604 + 61 438 001 393 amaxey@AngloGoldAshanti.com

Disclaimer

Except for historical information contained herein, there are matters discussed in this news release that are forward-looking statements. Such statements are only predictions and actual events or results may differ materially. For discussion of important factors including, but not limited to development of the Company's business the economic outlook in the gold mining industry, expectations regarding gold prices and production, and other factors, which could cause actual results to differ materially from such forward-looking statements, refer to the Company's annual report on the Form 20-F for the year ended 31 December 2004 which is filed with the Securities and Exchange Commission on 14 July 2005.



 
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