🕐02.11.09 - 07:20 Uhr

AngloGold Ashanti: Q3 2009 Earnings Results Release



Dear Ramin Farzanehfar
Q3 2009 Earnings Results Report to shareholders for the quarter and nine months ended 30 September 2009 Group results for the quarter ...

- Adjusted headlines earnings, normalised to exclude hedge buybacks, at $163m.

- Gold production rises 5% to 1.187Moz, following fewer safety interruptions.

- Uranium production rises 10% to 366,000 pounds.

- Total cash costs of $534/oz provide solid operating margin despite sharply stronger operating currencies.

- Vaal River operations improve following management intervention.

- Geita and Ghana operations continue to deliver on turnaround strategy.

- South America delivers 9% growth in production, limits cost increases, despite currency strength.

- Major hedge restructuring completed before recent gold price rally; committed ounces now less than annual production at 4.3Moz.

Events post quarter-end ...

- Annual guidance reviewed to 4.55Moz-4.6Moz to factor in lower South African production.

- Joint venture formed with De Beers to explore for marine gold deposits.

- Acquisition concluded for the purchase of 35% stake in Moto Gold Project.

Please note that both the earnings presentation, which will begin at 10:00 (GMT +2), and an earnings conference call, which will begin at 16:00 (GMT +2), will be available via webcast.

Please see www.anglogoldashanti.com for further details.

Web site: http://www.anglogoldashanti.co.za/ Full results: http://www.anglogoldashanti.co.za/Reports/Financial/Quarterly+Reports/Fi nancial+Results.htm Conference call: http://www.corpcam.com/AngloGold/AngloGoldAshanti_02112009.htm Press releases: http://www.anglogoldashanti.co.za/Press/Press+Releases.htm
Press Releases ----------------- AngloGold Ashanti output up 5% on Geita, Vaal River turnarounds - http://www.anglogold.co.za/Additional/Press/2009/20091102_Q3Release.htm AngloGold Ashanti Limited acquires 50% of Moto Goldmines pursuant to a back to back agreement with Randgold Resources Limited - http://www.anglogold.co.za/Additional/Press/2009/AngloGold+Ashanti+Limit ed+acquires+50percent+of+Moto+Goldmines.htm AngloGold Ashanti and De Beers form joint venture in marine exploration and mining - http://www.anglogold.co.za/Additional/Press/2009/AngloGold+Ashanti+and+D e+Beers+form+joint+venture+in+marine+exploration+and+mining.htm
Reports --------- Report for the quarter and three months ended 31 March 2009 - http://www.anglogold.co.za/Reports/Financial/Quarterly+Reports/Quarterli es+Mar+09.htm Report for the quarter ended 30 September 2009 - http://www.anglogold.co.za/Reports/Financial/Quarterly+Reports/Quarterli es+Sep+09.htm Report for the quarter ended 30 June 2009 - http://www.anglogold.co.za/Reports/Financial/Quarterly+Reports/Quarterli es+Jun+09.htm
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