Anglogold Ashanti Plc · NYSE:AU
Anglogold Ashanti — Corporate Update (2004)
30 slides from Anglogold Ashanti's corporate update, 2004
Slide 1: Mill Head Grade and Tonnage Curves from 1947/48 - 2003
Mill Head Grade and Tonnage Curves from 1947/48 - 2003 2.5 40.00 TONNES (x 000) 2.3 OS Intensified MILL GRADE (g/t) 35.00 2.0 Open Stoping (OS) Intr. 30.00 Mech. Cut & Fill 15 Years of +30g/t 1.8 SLC INTR 25.00 TON N ES (X 1 ,0 0 0 ,0 0 0) 1.5 M ILL GRADE (g/t) 1.3 26 Years of +25g/t 20.00 1 Ton Sco
Slide 2: Gold Production from March 1897 – December 2003
Ashanti Goldfields Company Ltd., Obuasi Gold Production from March 1897 – December 2003 SOURCE OUNCES Gold From Tailings Retreatment 766,772 * Gold From Open Pit Mining 3,486,122 ** Gold From Underground 25,308,227 TOTAL 29,647,179 * Includes 74 ounces from Trial Alluvial Mining with the Goldfields’
Slide 3: Human Resources Policies & Community Issues
HUMAN RESOURCES POLICIES & COMMUNITY ISSUES
Slide 4: Obuasi's Challenge
Obuasi Gold Mine - Ghana Human Resources Policies OBUASI’S ASHANTI Goldfields Company Ltd CHALLENGE Strengthen our Human Resource base by developing tomorrow’s workforce with thorough understanding of the International Competitive environment.
Slide 5: Achieving Objective
Obuasi Gold Mine - Ghana Human Resources Policies ACHIEVING OBJECTIVE ASHANTI Goldfields Company Ltd Training and Re-training Succession Planning ( Effective appraisal systems) Team Work Create conditions which enable employees to give of their best.
Slide 6: In-House Training
Obuasi Gold Mine - Ghana Human Resources Policies IN-HOUSE TRAINING ASHANTI Goldfields Company Ltd •Ashanti places emphasis on Training and Re-training as a means of keeping its workforce on the cutting edge of modern management and technical practices to meet both the short-term and strategic needs
Slide 7: In-House Training
Obuasi Gold Mine - Ghana In-House Training The Company runs an Engineering apprenticeship Programme to train and impart employable skills to over 100 local artisans each year. ASHANTI Goldfields Company Ltd Training Programme in session.
Slide 8: Human Resources Policies: Housing and Medical Benefits
Obuasi Gold Mine - Ghana Human Resources Policies Housing benefits: ASHANTI Goldfields Company Ltd The Company provides residential accommodation to both Senior and Junior staff. Company has a total housing stock of 3,384 units Medical Benefits Company operates 170 bed modern hospital with eight
Slide 9: Obuasi HIV/AIDS Policy and Programmes
OBUASI HIV/AIDS POLICY AND PROGRAMMES
Slide 10: HIV/AIDS Control Programmes
Obuasi Gold Mine - Ghana HIV/AIDS Control Programmes The prevention and control programmes put in place seem to be working effectively as shown by the ASHANTI Goldfields Company Ltd HIV/AIDS figures recorded on the mine. Obuasi - Yearly HIV/AID Trend Analysis 1998-2002 300 200 100 0 1998 1999 2000 2
Slide 11: AGC Sponsorships: Community Development Projects
AGC SPONSORSHIPS COMMUNITY DEVELOPMENT PROJECTS
Slide 12: Highlights of Community Assistance
Obuasi Gold Mine - Ghana Highlights of Community Assistance Ashanti’s Statutory Obligations: To individuals within the concession - compensation in accordance with ASHANTI Goldfields Company Ltd Minerals and Mining Law 153, Section 71(1). About 23 Billion paid within the last Ten (10) years To
Slide 13: Forms of Community Assistance: Urban Development
Obuasi Gold Mine - Ghana Forms of Community Assistance URBAN DEVELOPMENT PROJECTS ASHANTI Goldfields Company Ltd The Company committed ¢250million into the Obuasi streetlights projects. Obuasi street light.
Slide 14: Forms of Community Assistance
Obuasi Gold Mine - Ghana Forms of Community Assistance Len Clay Sports Stadium constructed to facilitate sports development in the Obuasi Municipality. ASHANTI Goldfields Company Ltd Len Clay Sports Stadium
Slide 15: Forms of Community Assistance
Obuasi Gold Mine - Ghana Forms of Community Assistance The Company carried out the resettlement of an entire community (old Bidem Village) at the cost of US$1 million. ASHANTI Goldfields Company Ltd One of the Old Bidiem residence
Slide 16: Forms of Community Assistance
Obuasi Gold Mine - Ghana Forms of Community Assistance ASHANTI Goldfields Company Ltd One of the New Bidiem resettlement houses.
Slide 17: Forms of Community Assistance
Obuasi Gold Mine - Ghana Forms of Community Assistance ASHANTI Goldfields Company Ltd Binsere village community school.
Slide 18: Forms of Community Assistance: Health and Sanitation
Obuasi Gold Mine - Ghana Forms of Community Assistance HEALTH AND SANITATION The Obuasi Government Hospital was built and furnished by the Company. ASHANTI Goldfields Company Ltd Obuasi Government Hospital
Slide 19: Forms of Community Assistance: Health and Sanitation
Obuasi Gold Mine - Ghana Forms of Community Assistance HEALTH AND SANITATION To assist in the beautification of Obuasi township, the Company funds the cleaning of Obuasi streets at a yearly cost of ¢ 120million ASHANTI Goldfields Company Ltd Obuasi street cleaning in action.
Slide 20: Rural Electrification Projects
Obuasi Gold Mine - Ghana Community Development Projects RURAL ELECTRIFICATION PROJECTS ASHANTI Goldfields Company Ltd To date the company has procured over 3,000 treated teak poles and provided over 10,000 untreated poles from its Teak plantations to assist some 36 local communities in the Obuasi,
Slide 21: Roads and Bridges Rehabilitation
Obuasi Gold Mine - Ghana Community Development Projects Roads and Bridges Rehabilitation Many Old mining and Exploration routes, which now serve as feeder roads linking farming communities to major roads or markets centers are rehabilitated ASHANTI Goldfields Company Ltd regularly using services o
Slide 22: Community Water Supply
Obuasi Gold Mine - Ghana Community Development Projects Community water supply ASHANTI Goldfields Company Ltd To date the company has provided 95 water systems to a total of 82 Communities in three districts at the cost of US $980,000 : 70% of the number was provided as goodwill gestures; while the
Slide 23: Community Development Projects
Obuasi Gold Mine - Ghana Community Development Projects Type of water systems provided include: i. Borehole and Manual pump system. ASHANTI Goldfields Company Ltd Jimiso water system.
Slide 24: Community Development Projects
Obuasi Gold Mine - Ghana Community Development Projects Material assistance are given and Corporate donations made to support development projects of Orphanages and Institutions of the Physically challenged. ASHANTI Goldfields Company Ltd G.M. HR donating to Adullam orphanage.
Slide 25: Community Development Projects
Obuasi Gold Mine - Ghana Community Development Projects The Company financed the construction of a 40 rooms and 2 flats Student Hostel (Gold Hostel) as a residential facility for the School of Medical Sciences of the Kwame Nkrumah University of Science and Technology ASHANTI Goldfields Company Ltd i
Slide 26: Alternative Livelihood Projects I
Obuasi Gold Mine - Ghana Community Development Projects ALTERNATIVE LIVELIHOOD PROJECTS I • The Company has released a 2000 acres of arable land close to a water source for the President’s Special Initiative (PSI) project on cassava starch production. ASHANTI Goldfields Company Ltd To further demo
Slide 27: Alternative Livelihood Projects II
Obuasi Gold Mine - Ghana Community Development Projects ALTERNATIVE LIVELIHOOD PROJECTS II ASHANTI Goldfields Company Ltd The Company has engaged the services of the Center for Biodiversity Utilization and Development (CBUD) of KNUST to carry out baseline studies leading to the implementation of som
Slide 28: Conclusion
Conclusion
Slide 29: Focus on SHE
Obuasi Gold Mine - Ghana Community Development Projects Focus on SHE ASHANTI Goldfields Company Ltd Geology- Current & Deeps exploration U/G Production - Increase Dev’t; fastrack New Blocks. Continuous Improvement REDUCING COSTS. IMPROVING PRODUCTIVITY. (Tonnes/Metre; Recovery; U/G Fleet Rationalisa
Slide 30: Thank You for Your Attention
End THANK YOU FOR YOUR End ATTENTION. Daniel Owiredu