AngloGold Ashanti launches 2008 Report to Society
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| Acrobat Version |
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| Friday, March 27, 2009 |
AngloGold Ashanti today launches its 2008 Report to Society, along with its Annual Financial statement and the Mineral Resources and Ore Reserves Report published annually by the company.
This is the sixth Report to Society produced by the company, assessing its performance in the areas of industrial health and safety, community and environmental management, human rights, regional health issues, economic issues and corporate governance and ethics.
Reporting on social and environmental performance to business and social partners and other stakeholders is an indispensable feature of AngloGold Ashanti’s social responsibilities. It is also one of the ways in which the company monitors its own performance.
AngloGold Ashanti measures its performance against a range of standards, the first being against its own values and principles. The report is produced in accordance with the Global Reporting Initiative’s G3 guidelines and also contains information on the company’s commitment to and performance in respect of various other compacts that it has entered into, such as:
- The UN Global Compact;
- The Extractive Industries Transparency Initiative, which deals with payments to governments;
- The Voluntary Principles of Human Rights and Security and;
- The Mining Charter and the sustainability principles of the International Council of Metals and Mining.
Key indicators in the report have been reviewed by independent assurors PriceWaterhouse Coopers.
Commenting on the report Mark Cutifani CEO of AngloGold Ashanti said, “If we cannot operate responsibly, we should not be in business. And it is on this basis that we will measure our success. Our experience continues to convince us that social and environmental responsibility is a necessary condition for ensuring productive operations. We believe safety, treating people with dignity and respect, acting responsibly within the environment and looking to create value for the communities in which we operate represent values that determine how we do business.” Online copies of the reports can be found on AngloGold Ashanti’s website - www.AngloGoldAshanti.com.
| Queries |
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Tel: |
Mobile |
E-mail: |
| South Africa |
| Julia Schoeman (Media) |
+27 (0) 11 637 6656 |
+27(0) 82 825 0473 |
jschoeman@anglogoldashanti.com |
| Joanne Jones (Media) |
+27 (0) 11 637 6813 |
+27 (0) 82 896 0306 |
jjones@anglogoldashanti.com |
| Sicelo Ntuli (Investor Relations) |
+27 (0) 11 637 6339 |
+27 (0) 71 608 0991 |
sntuli@anglogoldashanti.com |
| USA |
| Stewart Bailey (Investor Relations) |
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+1 646 717 3978 |
sbailey@anglogoldashanti.com |
Disclaimer
Certain statements made in this communication, including, without limitation, those concerning AngloGold Ashanti’s strategy to reduce its gold hedging position including the extent and effects of the reduction, 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 completion and commencement of commercial operations of certain of AngloGold Ashanti’s exploration and production projects and completion of acquisitions and dispositions, AngloGold Ashanti’s liquidity and capital resources, including its intentions and ability to refinance its $1 billion convertible bond, and expenditure and the outcome and consequences of any pending litigation proceedings, contain certain forward-looking statements regarding AngloGold Ashanti’s operations, economic performance and financial condition. Although AngloGold Ashanti 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 actions, fluctuations in gold prices and exchange rates, and business and operational risk management. For a discussion of such factors, refer to AngloGold Ashanti's annual report for the year ended 31 December 2007, which was distributed to shareholders on 31 March 2008, and report to shareholders for the quarter and nine months ended 30 September 2008, which was distributed to shareholders on 30 October 2008. 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. 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.
AngloGold Ashanti posts information that is important to investors on the main page of its website at www.anglgoldashanti.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. | |
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