Anglogold Ashanti Plc · NYSE:AU
Anglogold Ashanti — Non-Deal Roadshow (1999)
17 slides from Anglogold Ashanti's roadshow presentation, 1999
Slide 1: South America
_B anglogold SOUTH AMERICA
Slide 2: Organisation Chart
AngloGold South America ORGANISATION CHART AngloG old S outh Am erica (BV I) AngloG old AngloG old Cerro V anguardia (CV S A)(*) V enezuela Brasil (Argentina) M ineração M orro V elho (M M V ) M ineração S erra G rande (M S G )(**) (*) Perez Companc 46.25% and Fomicruz 7.5% (**) TVX (50%)
Slide 3: Location Map
AngloGold South America LOCATION MAP Minas Guirache VENEZUELA Amapari project * Manaus PERU BRAZIL Serra Grande Crixas * Brasilia* Morro Velho Belo Horizonte Nova Lima** São Paulo Pacific Ocean * ARGENTINA Buenos Aires * N Atlantic Ocean Cerro Vanguardia
Slide 4: Operational Trends
AngloGold South America OPERATIONAL TRENDS 1996 1997 1998 1999 Realised gold price per ounce 397 351 297 320 Morro Velho - 100% Produced ounces (000) 228 232 212 177 Cash cost per ounce - US$ 289 227 182 187 Capex - US$m 33 19 14 12 Serra Grande - 50% Produced ounces (000) 62 64 72 74 Cash cost pemu
Slide 5: Operational Highlights
AngloGold South America OPERATIONAL HIGHLIGHTS MMV MSG CVSA Consolidated Life of mine 2016 2010 2012 Production ounces (000) 1999 budget 177 74 133 384 1999 LOM 2 191 825 1,228 4 244 Cash cost per ounce (US$) 1999 budget 187 152 124 159 1999 LOM 178 147 167 169 Capital expenditure (US$m) 1999 eudget
Slide 6: Reserves & Resources Consolidated - 31 Dec 98
AngloGold South America RESERVES & RESOURCES CONSOLIDATED - 31 DEC 98 All millions unless stated Per Technical Advisers Tonnes Grade Ounces Attributable Mt g/t koz koz Proven and Probable 22.9 8.20 6 002 4 002 Resources 29.6 8.10 7 728 6 711 Total 52.5 8.13 13 730 10 713
Slide 7: Reserves & Resources Morro Velho - 31 Dec 98
AngloGold South America RESERVES & RESOURCES MORRO VELHO - 31 DEC 98 All millions unless stated Per Technical Advisers Tonnes Grade Ounces Attributable Mt g/t koz koz Proven and Probable 9.2 7.50 2 212 2 212 Resources 23.0 7.80 5 768 5 768 Total 32.2 7.71 7 980 7 980
Slide 8: Reserves & Resources Serra Grande - 31 Dec 98
AngloGold South America RESERVES & RESOURCES SERRA GRANDE - 31 DEC 98 All millions unless stated Per Technical Advisers Tonnes Grade Ounces Attributable Mt g/t koz koz Proven and Probable 4.6 6.60 980 490 Resources 2.5 11.90 960 480 Total 7.1 8.50 1 940 970
Slide 9: Reserves & Resources Cerro Vanguardia - 31 Dec 98
AngloGold South America RESERVES & RESOURCES CERRO VANGUARDIA - 31 DEC 98 All millions unless stated Per Technical Advisers Tonnes Grade Ounces Attributable Mt g/t koz koz Proven and Probable 9.1 9.60 2 810 1 300 Resources 4.1 7.60 1 000 463 Total 13.2 9.00 3 810 1 763
Slide 10: Exploration
AngloGold South America EXPLORATION US$ millions Actual Actual Actual Budget 1996 1997 1998 1999 Cat. 1 and 2 1 7.1 6 10 Cat. 3 3 1.4 0.3 5.2 Total 4 8.5 6.3 15.2
Slide 11: Safety
AngloGold South America SAFETY 1994 1995 1996 1997 1998 MMV (employees 1999, 1 131) Accidents with days lost 83 108 47 29 18 Accidents with no days lost 597 493 209 117 60 Frequency rate 11.8 18.5 10.4 8.3 7.0 MSG (employees 1999, 442) Accidents with days lost 3 6 3 1 2 Accidents with no days lost 5
Slide 12: Productivity
AngloGold South America PRODUCTIVITY Tonnes/Man/Year Actual Budget 1996 1997 1998 1999 Velha 624 839 841 947 Cuiabá 1 297 1 511 1 590 1 687 Espirito Santo 2 258 3 037 2 861 2 319 Avg. Morro Velho 1 163 1 433 1 463 1 514 Mina Nova 3 078 3 183 3 835 4 348 Mina III 2 960 3 002 2 621 2 392 Avg. Serra Gr
Slide 13: Productivity
AngloGold South America PRODUCTIVITY Oz/Man/Year Actual Budget 1996 1997 1998 1999 Velha 128 198 187 198 Cuiabá 298 354 380 372 Espirito Santo 335 460 471 336 Avg. Morro Velho 250 317 330 319 Mina Nova 417 433 539 583 Mina III 718 720 672 642 Avg. Serra Grande 688 692 658 636 Cerro Vanguardia - - -
Slide 14: Continuous Optimisation of Operations
AngloGold South America CONTINUOUS OPTIMISATION OF OPERATIONS Amapari Project Located in the Amazon, in Amapá state, benefits from infrastructure built for recently closed adjacent manganese mine Reserves for study: 14.8 million tonnes @ avg. 2.03 g/t, equivalent to 30 tonnes of Au Reserves
Slide 15: Slide 15
Slide 16: North and South America
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Slide 17: Going Forward
AngloGold North & South America GOING FORWARD Workplace restructuring Extensional exploration Grass roots exploration Local operators and managers who know the terrain well Strategic management out of Johannesburg Dedicated AngloGold resources (diversity, depth, technology, target genera