Anglogold Ashanti Plc · NYSE:AU
Anglogold Ashanti — Sydney Mining Club 2012
10 slides from Anglogold Ashanti's conference presentation, 2012
Slide 1: AngloGold Ashanti – Global footprint…building the portfolio
AngloGold Ashanti Sydney, 2012 Global footprint…building the portfolio An extensive global exploration and operations footprint… Operations Study Construction New exploration Study/construction Exploration ...provides a wealth of options across four continents. 1
Slide 2: Performance foundation…to support a new future; Safety and environment
Performance foundation…to support a new future Three years of significant restructuring… Rebuilt financial foundations... Operations turnarounds across portfolio… Operating model…new approach…on-going improvement… World’s most successful exploration team… Growing and diverse pipeline of new opportun
Slide 3: Operational improvements…the voice of the process; Project ONE
Operational improvements…the voice of the process Driving sustainable change … Siguiri Mine Throughput GETTING THE BASICS RIGHT •Mine fleet reconfiguration •Focus on daily planning and scheduling •Executing on the detail Siguiri Plant Throughput MANAGING THE PROCESS •Understanding mine to mill •Deve
Slide 4: Performance to budget; Operational performance: 2008 assessment
Performance to budget…improving delivery on commitments Implementing BPF has helped us to better understand our business… CAR Production (oz) – Variance to Budget 1 January 2007 – 31 March 2012 …and deliver on management expectations. 6 Operational performance: 2008 assessment An early assessment of
Slide 5: Operations delivery: 2011 assessment; Business improvement
Operations delivery: 2011 assessment Operating improvements in tandem with a rising price… EBITDA $m South Africa 680 1,412 Continental Africa 190 1,111 USA Mali Sadiola Australia CC&V & Yatela 35 Guinea Siguiri 9 Ghana Tanzania Brazil Iduapriem Obuasi Geita Americas Serra Grande Córrego do Sítio DR
Slide 6: Leverage to gold price…we are delivering; Re-positioning the company
Leverage to gold price…we are delivering Containing costs is delivering cash flow leverage… Q1 2011 vs. Q1 2012 109% 111% 39% 34% 22% Cash generated from EBITDA EPS(2) Earnings(2) operations Gold price(1) Earnings Cash flow Source: Bloomberg, AngloGold Ashanti (1) Price received (2) Adjusted headlin
Slide 7: Sustainable gold equation; Exploration…new resources support growth optionality
Sustainable gold equation The real cost equation… 1. 2. 3. Exploration success ensures Focus on competitive capital Total costs must remain below our strategic competitive entry cost, laying and strong operating margins cut-off of $1280/oz. M&A opportunities must foundation for long-term value drive
Slide 8: Quebradona Project (Nuevo Chaquiro); Step change in mining
Quebradona Project (Nuevo Chaquiro) AngloGold Ashanti’s first-mover advantage in Colombia… Quebradona Cross Section D – D’ Lies west of Gramalote. Joint venture with B2Gold. Blind Copper-dominant Cu-Au-Mo porphyry. Part of larger intrusive centre – further drilling required. New results sh
Slide 9: Technology and Innovation; Value proposition…we are positioned
Technology and Innovation The technology we need for the step change is available... Blueprint Value Chain Apply 1. Mine design 2. Ore body knowledge 3. Machines for development 4. Machines for stoping 5. Backfill 6. Logistics Set direction Build & test prototypes Build full-scale working model 2010
Slide 10: ANGLOGOLD ASHANTI
ANGLOGOLD ASHANTI