AngloGold Ashanti -- AU, ANG (NYS, JSE)

Hier ein etwas ausführlicherer Bericht
aus "BUSINESS DAY" vom 29.10.204.
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AngloGold Ashanti to focus on African mines

South African gold miner AngloGold Ashanti (ANG) said on Friday that its operations in North and South
America produced well in the third quarter, while, in general, the South African mines put in a good performance.
However, management concern and attention remains firmly focused on its African mines - Obuasi in Ghana, Morila in Mali and Geita in Tanzania.

Releasing results for the quarter ended September, the company said that Geita and Obuasi both underperformed during the quarter.

However, measures are in place to address the issues.

At Obuasi gold production declined 12% quarter-on-quarter to 94,000oz due to insufficient developed and drilled underground reserves, which resulted in decreased mining flexibility.

New trackless mining equipment has been delivered and an operator training programme is underway to ensure that the utilisation and availability of this new equipment meets planned levels going forward, the group said.

Reorganisation of the planning and technical functions is also ongoing and, combined with the new equipment delivery, should result in underground production rates being restored to planned levels over the course of the next year.

Total cash costs, which increased to $300/oz, were higher than expected, due to the impact of fixed costs and lower production levels.

The company added that it was well aware that Obuasi had previously been capital starved and needed to be recapitalised, and that it had taken the opportunity to change the mine's strategy.

For these reasons, AngloGold Ashanti didn't believe that it would get Obuasi to the level of efficiencies in
less than four to six quarters.

While the group was not happy with production during the last quarter, there was an action plan in place to impact and raise Obuasi's game to make it sustainable into the future, the group said.

Operations at Siguiri (85% attributable) continued to reflect the effects of a government embargo implemented in May on fuel and the sale of gold.

Although fuel deliveries have recommenced and the embargo on gold sales has been lifted, an unexpected shortage of cement supplies resulted in reduced crushing and stacking operations.

Consequently, mining during the third quarter concentrated primarily on waste stripping and production decreased slightly q/q to 23,000oz, while total cash costs increased to $504/oz.

Cement supplies have now been sourced and full production on the heap leach pad is expected by early November, AngloGold added.

Construction of the carbon-in-pulp (CIP) plant continues and the plant is on track for commissioning during the first quarter of 2005.

Production for the fourth quarter, however, will nevertheless be impacted by the delay in the CIP plant construction, as well as by the cement shortage, which prevents the current plant from operating at full capacity.

In Mali, Morila's (40% attributable), production was 9% higher q/q at 37,000oz, the result of an 11% increase in recovered grade.

The benefit of the improved grade was partially offset by a 3% reduction in tonnage throughput, which resulted from a SAG mill gearbox replacement that took ten days in August, in addition to a motor change in the primary crusher in September.

Total cash costs were 4% higher q/q at $248/oz, mainly due to inflation - higher diesel prices and mining contractor costs, although improved grade partially counteracted this effect.

The plant expansion was operating at design capacity by the end of the third quarter and mining is on schedule to feed higher grade ore from Pit Three in the fourth quarter.

Significantly improved grades, higher throughput and increased gold production are expected next quarter. Negotiations regarding the productivity bonus dispute are ongoing, the group said.

At Sadiola (38% attributable), gold production decreased by 14% to 38,000oz and cash costs increased by
15% to $267/oz as a result of the grade decline and increased inflation. Both production and grade are expected to increase in the fourth quarter.

Production at Yatela (40% attributable), at 24,000oz, was 4% below that of the previous quarter due to a decrease in tonnage stacked.

Total cash costs went down by 2% to $233/oz, mainly due to decreased volumes and reduced economies of scale. A production increase is expected in the fourth quarter.

At Geita, third quarter production decreased to 48,000 ounces from 168,000 ounces in the second quarter and total cash costs increased 30% to $294/oz, due to increased mining contractor costs and a continued strengthening in the diesel price, while additional costs were incurred from a mill liner replacement and higher plant maintenance costs.

Significant improvements in grade and gold production are expected during the fourth quarter.

AngloGold Ashanti said it expected to produce around 1.7 million ounces of gold in the December quarter at a total cash cost of about $262/oz from its operations worldwide.

I-Net Bridge

29.04.2005 Crescent Gold Ltd

World mining powerhouse, Anglogold, has agreed to sell selected gold assets in Western Australia to Crescent Gold Limited. Crescent announced today the acquisition would significantly expand its Laverton gold project with the new holdings to be drilled as early as possible. 320 KB

The acquisition, which increases Crescent’s Laverton project acreage fourfold, continues an aggressive exploration and development program by the Company for the project which is moving rapidly to a mining decision on its promising Sickle prospect.

Under the terms of the agreement announced today, Crescent (ASX code: "CRE") will pay up to A$4.4 million in cash and shares by December next year to take over selected assets around Laverton from Anglogold subsidiary, Anglogold Ashanti Australia Limited.

These include the Laverton exploration interests, royalties and resources to the north, east and southeast of the current producing Sunrise Dam gold mine, held by Anglogold Ashanti Australia.

Assets within the acquisition include:

• The Sickle Royalty, gold resources, tenements, data and the secondment of expert personnel

• Sickle royalties of $30/oz (Nov. 2004 BFS estimated recoverable reserves exceeded 100,000 ozs).

• Fish gold project (621,000t @ 4.1g/t for 81,000ozs, estimated by SRK 2002).

• Preliminary pit designs completed by Crescent Gold at Lord Byron and Fish indicate the pits will generate cash surpluses of over A$5m

• A number of Exploration Licences and Mining Licences which have quadrupled Crescent Gold’s land position in the Laverton area from 450km² to over 1,777 km² .

• Crescent has also secured access to Anglogold Ashanti Australia’s database for the selected tenements.

Der südafrikanische Goldminenbetreiber AngloGold Ashanti zahlte im Januar 8.000 USD an eine Rebellenmiliz im Kongo, um die Sicherheit ihrer Mitarbeiter und Anlagen beim Projekt Kilomoto zu gewährleisten.
Diese „Sicherheitssteuer“ wurde durch einen Bericht des UN Sicherheitsrates bekannt, in dem unter anderen AngloGold beschuldigt wurde, mit der Zahlung gegen das Waffenembargo bezüglich des instabilen östlichen Kongos verstoßen zu haben.
Unübliche Zahlungen und manchmal Bestechung werden im allgemeinen stillschweigend als Bergbau- und Explorationskosten in unsicheren Regionen akzeptiert. Jedoch ist der nun bekannt gewordene Tatbestand das erste wirkliche Fenster zu dieser Praxis. Dabei wird AngloGold nicht müde zu betonen, dass diese Zahlung einen Verstoß gegen die erklärte Unternehmensphilosophie ist. Interessant: Der Hauptaktionär von AngloGold, Anglo American, ist Unterzeichner der Partnering Against Corruption Initiative (Initiative Partnerschaft gegen Korruption).
AngloGold erklärt: Wir können Zahlungen für Bestechung/Korruption/Schutzgeld nicht gutheißen. Dies steht im Gegensatz zu unserer erklärten Unternehmenspolitik.
Was führte dann dazu, gegen die eigenen Unternehmensregeln zu verstoßen?
Das Unternehmen erklärt, dass die Miliz Front Nationaliste at Intégrationniste (FNI) auf die Zahlung bestanden hätte, nachdem AngloGold sich geweigert hätte, politische Verhandlungen in Kinshasa zu finanzieren. Das Bestehen der Miliz auf die Zahlung sei als Drohung zu werten. Dann habe das Unternehmen der Zahlung zugestimmt, um Unannehmlichkeiten zu vermeiden.
Der Bericht der UN führt aus, AngloGold habe dem Führer der FNI Floribert Ndjabu ein Haus zur Verfügung gestellt und „Steuern“ für Mitarbeiter und Fracht gezahlt, die am örtlichen Flughafen angekommen sind.
AngloGold erklärt, dass die Zahlungen transparent vorgenommen wurden. Der Distrikt-Bevollmächtigte von AngloGold wurde über die Forderung benachrichtigt und empfahl diese angemessene Reaktion. Die Regierungspartner des Unternehmens seien ebenfalls bei der Entscheidung mit einbezogen worden.
Investoren werden besorgt sein, dass AngloGold einen Präzedenzfall geschaffen und sich selbst zu einer Zielscheibe für Aktivisten gemacht hat. Dabei ist das Unternehmen bemüht, die Sache im Kongo nicht als einen Präzedenzfall für andere wirken zu lassen.
Jedoch konnte das Unternehmen nicht weitere solche Zahlungen ausschließen. Dies hänge von den fallspezifischen Umständen ab. Aber im Prinzip werde es keine solchen Zahlungen geben. AngloGold könne die Arbeiten im Kongo beenden, falls weitere Forderungen erhoben würden.
Für die geleisteten Zahlungen erhielt das Unternehmen keine Gegenleistung, wie z.B. eine Garantie. Dabei kann von der Art des „Deals“ geschlossen werden, dass weitere Forderungen unausweichlich gestellt werden. Die Schutzgelderpressung wäre dann nicht nur auf den Kongo beschränkt, sondern in allen Ländern möglich, in denen AngloGold „politischem Stress“ ausgesetzt wäre. Weiterhin bestehe die Gefahr, dass AngloGold nun einen Wettbewerb zwischen den lokalen Milizen ausgelöst hat, die nun ebenfalls durch Unternehmenserpressung Einnahmen generieren wollen.

In Afrika geht alles nur mit schmieren, das merkst du schon bei der Einreise in Nigeria, da muss ein 20 Dollar Schein im Pass sein sonst wird er einbehalten spaeter vom Hotel und du kannst nur dort Geld zum extra kurs wechseln. Ebenso wird so mit Boarding Paesse gehandelt wenn wieder ueberbucht wird, sonst bleibt man zurueck.

Posted to the web on: 23 February 2006

Anglo unveils plans to reduce AngloGold stake
Charlotte Mathews
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Related Links

Anglo plans to return $1,5bn to shareholders, spin off unit
Classic Business Day Transcript: Anglo American profit up 36%

Resources Editor

ANGLO American plc planned to sell part of its 51% stake in gold miner AngloGold Ashanti in the coming months through a public secondary offering, in a move that could see more cash distributed to its shareholders.

It made the announcement yesterday at the same time as it declared a 29% increase in its total dividend for the year to December to $0,90 a share and a special dividend of $0,33 a share, reflecting buoyant conditions for commodities companies. The group would buy back $1bn of its shares this year, it said.

Anglo American said it planned to remain a significant shareholder in AngloGold Ashanti in the medium term. The statement followed months of speculation on how the group would reduce its holding in AngloGold.

Last October Anglo said in its annual strategic review that it had decided to reduce its stake in AngloGold Ashanti to below 51%, sell its 79% stake in Highveld Steel & Vanadium, establish paper and packaging group Mondi as a separate business and unlock value in Tongaat-Hulett.

Anglo American CEO Tony Trahar said yesterday from London that Securities Exchange Commission rules prohibited him from adding more details to the announcement on AngloGold.

Asked by an analyst whether the cash raised from the sale of part of Anglo’s stake would be distributed to shareholders, he said the transaction had not yet been processed, but “it is an area where we would look to return cash to shareholders”.

An analyst said that in view of the soaring share prices of companies such as Placer Dome and Lonmin, it did not appear consistent with Anglo American’s stated objective of realising value for shareholders to be selling out of AngloGold Ashanti at this point in the commodities cycle.

Trahar said the company was following a long-term strategy. In the past, shareholders had said it was inconsistent to have a differently rated gold company within a diversified mining portfolio, and Anglo could capture some of that value by reducing its stake.

It was also difficult for AngloGold to issue shares to make acquisitions when it was constrained by Anglo American’s desire to maintain a 51% stake. By lifting this restriction, Anglo American could end up with a smaller stake in a larger company.

“Yes, fundamentals for gold are good but there have been long periods when fundamentals for gold have been bad,” he said.

Mondi would be listed on the London Stock Exchange this year or next year, the group said.

The listing could take many forms, including an initial public offering, and if so Anglo would consider floating 20%-25% of Mondi, Trahar said.

The group did not require cash, but Mondi was looking at a $1,5bn expansion project in Russia.

Asked why Mondi would be listed in London rather than Johannesburg, Trahar said London was an attractive market for a listing, it was the site of Anglo’s head office and Anglo American was listed there.

There were synergies and technical attractions in listing Mondi in London. It was a premier stock exchange in Europe and Mondi was a European company, although with a strong South African contribution.

Management would have to study the implications of Mondi’s London listing for Anglo’s South African shareholders, in relation to foreign-exchange restrictions, in the next few months.

A number of bids had been received for Highveld Steel, and short-listed buyers were currently completing their due-diligence investigations, he said.

Anglo hoped to make progress in the months ahead.

Earlier this week Tongaat-Hulett said it would unbundle and list Hulett Aluminium separately within a year. Tongaat holds a 50% stake in Hulamin, and Anglo American owns 51% of Tongaat.

In the group’s industrial minerals business, Tarmac, operations in Germany, Hong Kong and UK paving would be sold. Tarmac had also made three acquisitions in its aggregates business.

Trahar said Anglo had a long-term strategy for Tarmac, as it fitted the definition of an extractive mining business and generated strong cash flows.

Posted to the web on: 23 February 2006

Anglo plans to return $1,5bn to shareholders, spin off unit

Antony Sguazzin
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The Bottom Line: Trahar takes a careful line on Anglo acquisitions

Bloomberg

ANGLO American, the world’s second-biggest mining company, plans to return $1,5bn to shareholders and spin off a paper unit after its 32% gain in half-year profit failed to match growth at larger rival BHP Billiton.

Net income for the six months to December climbed to $1,68bn from $1,28bn a year earlier, London-based Anglo said yesterday.

The payback to shareholders includes a $500m special dividend.

CEO Tony Trahar is seeking acquisitions to transform Anglo into a group focused on raw materials that are building blocks for the booming economies of China and India, and away from gold and platinum.

He is trying to replicate growth at rivals BHP and Rio Tinto Group. Anglo took control of SA’s iron ore mines in 2003 and opened a zinc deposit in Namibia last year.

“Growth in precious metals prices has lagged that in base metals,” said Imtiaz Ahmed, deputy chief investment officer at Johannesburg-based Investment Solutions Holdings. The reorganisation “may very well be too late”.

Last week BHP posted a 48% rise in half-yearly net income to $4,36bn, while . Rio said on February 2 that its second-half profit jumped 78% to $3bn. Anglo said it would spend $2bn on dividends and share buybacks, while Rio pledged twice that amount.

Anglo’s full-year net income rose 0,6% to $3,52bn, or $2,36 a share, from $3,5bn, or $2,35, a year earlier, it said yesterday. The capital return to shareholders includes a $1bn share buyback. The total return is more than the $1bn Anglo said it planned to return on October 26.

Numis Securities analyst John Meyer said the payout was “not really keeping pace with the strong returns coming out of Rio Tinto and other companies”.

Annual profit before once-off items and goodwill amortisation rose 38% to $2,58 a share, Anglo said yesterday. That compares with the $2,54 median estimate of six analysts surveyed by Bloomberg News. Finance director Rene Medori said the mining group planned to cut costs as much as $500m this year, following $730m of reductions last year.

Anglo said it would sell part of its stake in AngloGold Ashanti in coming months. Trahar said Anglo might return more money to shareholders “in due course”. At the same time, the group was spending $6,7bn on expansion, and might spend $10bn-$15bn more, he said. Anglo has debt of $5bn. China’s economy grew 9,9% last year, overtaking the UK to become the world’s fourth-biggest.

Trahar in 2000 lost out in the bidding for Australian iron ore producer North. Last year Rio bought a stake in Australia’s Hope Downs iron-ore project after Anglo’s Kumba Resources unit was forced to sell its interest following a legal battle.

Anglo has made some progress since an October 26 announcement of its change in strategy. It has received bids for its 79% stake in Highveld Steel & Vanadium, and on February 20 Tongaat Hulett, controlled by Anglo, said it would spin off its aluminum-rolling business.

Trahar may struggle to find metals acquisitions as company values surge amid rising prices. Copper prices have risen 52% in a year, while aluminum went up 23% and zinc 56%. Anglo’s second-half profit was calculated by subtracting first-half earnings from full-year figures.

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Posted to the web on: 17 July 2006

SA gold miners look further afield for prospects even as price hits new highs
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Charlotte Mathews

Resources Editor

ANGLOGOLD Ashanti’s announcement last week that a higher gold price would enable it to consider a R3,4bn expansion at mines in SA is typical of South African gold miners’ capital projects in the current boom.

Apart from the Burnstone Gold Project, being developed by an offshore-listed company, no substantial new South African mines have been given the green light in the past two years, despite the strong gold price. Most recently approved projects are extensions to existing operations.

This is mainly because the Wits Basin has been well explored for minerals in the past 100 years, and shallower, high-grade deposits have been exhausted.

RMB Asset Management analyst Richard Simpson said it was easier for gold producers to look outside SA for shallower deposits that were quicker and less expensive to develop than a mine 4km deep or deeper in the Wits Basin. Developing a deep-level mine in SA could cost R6bn-R10bn and take 12 years to bring into production. It was also questionable whether shareholders would have an appetite for that level of investment.

Although the gold price of R145000-R148000/kg had rendered more mine extensions economically viable, Simpson doubted whether it would reverse the long-term trend of declining gold production in SA, which was due mainly to the depletion of resources.

Since 2003, according to Chamber of Mines figures, SA’s first-quarter gold production declined from 2,6-million ounces to 1,8-million ounces.

There are only three major “new” mines in SA, approved many years ago, and still building up to full production: the Western Areas/Barrick Gold South Deep mine; AngloGold’s Moab Khutsong mine; and Harmony’s Target mine, which is an extension below the old Loraine mine.

The newest gold mine is the Burnstone Gold Project near Balfour being developed by Canadian-listed Great Basin Gold, which recently recruited Ferdi Dippenaar from Harmony as its CEO. It envisages a mine producing 214000oz of gold a year for 14 years, and costing about R1bn to develop. Great Basin is at the stage of applying for the necessary mining permits and undertaking preproduction activities.

AngloGold, Gold Fields, Harmony and DRDGold have all announced recently that they are close to making decisions on mine extensions. Mine extensions make sense if they offer relatively high grades of gold, to offset the higher operating costs of deep mines, and if they extend the life of existing mines.

AngloGold said it would go ahead with the Zaaiplaats project at Moab Khutsong to extend the life of the mine by five to six years, as well as deepening its Mponeng mine to 4km from 3,5km to extend the life of the mine by six or seven years. The group is also close to shaft sinking for the deepening of its Tau Tona mine, a project approved two years ago.

Gold Fields said in May it would soon make a decision on a $150m extension to its Kloof mine and a $300m extension at Driefontein. Harmony is expected to make a decision in the next year on whether to develop a new mine at Target North at a cost of R5bn-R7bn, but the mine would come into production only in about 14 years’ time.

DRDGold also announced in March that it would revive the Argonaut project, a southern down-dip extension of the Central Witwatersrand Goldfield, between the group’s East Rand Proprietary Mine in the east and Durban Roodepoort Deep mine in the west.

The area was previously mined to a depth of between 1,8km and 2,5km, and the Argonaut project would mine to as deep as 5km to reach gold with a grading of 8,5g/ton.

Metal Stocks Get Heavy Toward Value - [at RealMoney by TheStreet.com]1

"I could have suggested another stock, probably Anglogold Ashanti Ltd."

PETER BRIMELOW
Picking stocks can be child's play
Commentary: How an 11-year-old builds her portfolio

By Peter Brimelow, MarketWatch
Last Update: 12:03 AM ET Oct 3, 2006

NEW YORK (MarketWatch) -- Have I got a hot stock for you. Or something.

Zitat

Original von GSP-Komet
"I could have suggested another stock, probably Anglogold Ashanti Ltd."

PETER BRIMELOW
Picking stocks can be child's play
Commentary: How an 11-year-old builds her portfolio

By Peter Brimelow, MarketWatch
Last Update: 12:03 AM ET Oct 3, 2006

NEW YORK (MarketWatch) -- Have I got a hot stock for you. Or something.

Alles anzeigen

Ja ich habe Anglogold intraday fur 29.55 gekauft 10 tagen zuruck

http://www.marketwatch.com/New…D&column=PETER%20BRIMELOW

28,60 EUR ein neues 52-Wochentief!

Das sind nach meiner Meinung für diejenigen, die Aktien von Anglogold Ashanti kaufen wollen, super günstige Einkaufspreise!

Dieses soll keine Empfehlung sein, sondern nur meine bescheidene persönliche Meinung!

Last Update: 9:14 AM ET Oct 6, 2006

NEW YORK, NY, Oct 06, 2006 (MARKET WIRE via COMTEX) -- AngloGold Ashanti's (AU) third quarter 2006 earnings conference call will take place on Monday, 30 October at 15.00 South Africa time (US EST: 08.00; UK: 13.00; Sydney: 00.00). Participants can access the call by dialing one of the following numbers and referencing 'AngloGold Ashanti':

From North America:
Toll 1 412 858 4600
Toll-free 1800 860 2442
From the UK:
Toll 020 7107 0611
Toll-free 0800 917 7042
From Australia:
Toll-free 1800 350 100
From South Africa:
Toll 011 535 3600
Toll-free 0800 200 648

A replay will be available two hours after the call on 30 October through 16 November. To access the replay, dial one of the following numbers and reference the playback code 2645:

From North America:
Toll 1 412 317 0088
Toll-free 1 877 344 7529
From the UK:
Toll-free 0808 234 6771
From Australia:
Toll 073 01 802 12
Toll-free 1800 220 860
From South Africa:
Toll 011 305 2030

As usual, a live webcast of the call, as well as the company's full quarterly results, will be available on http://www.anglogoldashanti.com.

At the same time, as investors we cannot simply put our money into "potential." With the opening up of Africa to both the South African and (to a smaller degree) Israeli companies, growth in Africa is best tapped using companies that know the ground but are based in countries with sufficient shareholder protections. AngloGold Ashanti (NYSE: AU), a $10 billion South African gold-mining concern, has developed mines and interests throughout sub-Saharan Africa, and paper and pulp giant Sappi (NYSE: SPP) has done the same.

http://www.fool.com/news/comme…rce=estmarhln001999&npu=y

In his last letter, Dines reported himself bullish on gold and on the gold stocks, which he regarded as oversold. In his Precious Metals Portfolio, Dines was buying: Barrick Gold Corp. (ABX), Anglogold Ashanti Ltd. (AU ) and ASA Bermuda Ltd. (ASA ).

In that portfolio, Dines was buying Pinetree Capital (CA: PNP) , Mega Uranium Ltd. (CA:MGA) , Frontier Development Group (CA:FRG) , International Uranium Corp. (CA:IUC) , Paladin Resources (UK: PLR) , Laramide Resources Ltd. (CA:LAM) and some silver stocks: Pan American Silver Corp. (PAAS) and Silver Standard Resources Inc. (SSRI).

aus:

PETER BRIMELOW
Was Dines' day dawning? Looks like it
Commentary: "Original Goldbug" has impressively reinvented himself

Impala Platinum taps AngloGold executive Earp as CFO

JOHANNESBURG (MarketWatch) -- Impala Platinum Holdings Ltd. (IMPUY) Tuesday named Dawn Earp, currently an executive at AngloGold Ashanti Ltd. (AU), as chief financial officer to replace David Brown, who in July became chief executive.
Implats, the world's second largest producer of platinum behind fellow South African company Anglo Platinum Ltd. (AMS.JO), said Earp will join the company on March 1.
Implats in July named Brown, an employee of the company since 1999 and then CFO, as chief executive after Keith Rumble announced his resignation in order to "pursue other interests." Rumble had been CEO since July 2001.
Earp is currently the executive officer for finance at AngloGold. Prior to spending six years at the gold mining company, Earp worked for a 10-year period at Anglo American PLC (AAUK).
At 0915 GMT, Implats shares were trading 1.5% lower at ZAR174.69, broadly in line with a decline in the platinum subsector on the Johannesburg stock exchange.
Implats in its last fiscal year produced 1.85 million ounces of platinum and 3.5 million ounces of platinum group metals. According to its Web site, its operations on South Africa's Bushveld Complex and the Great Dyke in Zimbabwe give it an attributable reserve and resource base of 183 million ounces of platinum.

He favors AngloGold Ashanti (AU), which he owns, and Barrick Gold (ABX), which he does not.

Top five holdings are Barrick Gold (ABX), Newmont Mining (NEM), AngloGold Ashanti (AU), Freeport-McMoRan Copper & Gold (FCX ) and Goldcorp (GG). In contrast, the more established streetTracks Gold Shares (GLD) owns only gold bullion.

...

AngloGold Ashanti upped to overweight at Prudential

In mining action, shares of Anglogold Ashanti (AU) ended with a 1.3% gain, to $44.39. The company was upgraded to overweight from neutral weight at Prudential Equity Group. The firm also lifted its price target on the stock to $50 from $37 and cited benefits for the company from the weaker South African rand and cost stability.

JOHANNESBURG, SOUTH AFRICA, Jan 10, 2007 (MARKET WIRE via COMTEX) -- AngloGold Ashanti's (AU) fourth quarter and year-end 2006 earnings conference call will take place on Tuesday, February 13, at 9:00am EST. Participants can access the call from North America by dialing (800) 860 2442 or (412) 858 4600 and referencing 'AngloGold Ashanti.' To access the call from the UK, dial 0800 917 7042 or 020 7107 0611.
A replay will be available two hours after the call on February 13 through February 27. To access the replay from North America, dial (877) 344 7529 or (412) 317 0088 and reference the playback code 2645. From the UK, please dial 0808 234 6771, and from Australia please dial 1 800 091 250.
A live webcast of the call, as well as the company's full quarterly results, will be available on http://www.anglogoldashanti.com.
Contact: Michael Clements Investor Relations Phone: 011.27.11.637.6647 Email: Contact via http://www.marketwire.com/mw/e…cntct?id=0C0FD8B17C8F372B
SOURCE: AngloGold Ashanti