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Our approach to reporting

AN INTEGRATED APPROACH

This is AngloGold Ashanti’s Annual Integrated Report for 2011, which is our primary means of communicating with our stakeholders. It sets out the group’s strategy, governance, performance and prospects, in the context of our operations and the markets for our products, and recognises the importance and concerns of our stakeholders. It is augmented by, and forms part of, a suite of reports that make up our Annual Reports for 2011. Through these reports we demonstrate the fundamental link between the risks and opportunities that face the business in the short, medium and long term, and how our strategy has developed to ensure that AngloGold Ashanti creates and sustains value for all stakeholders.

As we move towards an online platform for our reporting – we understand that some stakeholders may still prefer copies of our reports either posted or e-mailed to them, and we encourage you to contact companysecretary@anglogoldashanti.com in this regard.

AngloGold Ashanti’s annual reports

Approach to reporting

The suite of Annual Reports 2011 comprises the following:

  • Our Annual Integrated Report which has been produced in line with the recommendations of the South African King Code on Corporate Governance, 2009 (King III) and the Listings Requirements of the Johannesburg Stock Exchange (JSE). We have taken cognisance of local and international recommendations on integrated reporting in developing its contents, and the style of reporting. Stakeholders seeking more detailed and specific information are referred to the reports listed below.
  • Our Annual Financial Statements which presents a comprehensive review of the year, and has been prepared in accordance with: the International Financial Reporting Standards (IFRS); the South African Companies Act, 71 of 2008; and the Listings Requirements of the JSE. This report is submitted to the JSE in South Africa, as well as the London, New York, Ghana and Australian stock exchanges on which AngloGold Ashanti is listed. In compliance with the rules governing its listing on the New York Stock Exchange and in accordance with the accounting principles generally accepted in the United States, AngloGold Ashanti prepares an annual report on Form 20-F which is filed each year.
  • Our Sustainability Report which provides insight into our approach to sustainability. This report focuses on those sustainability issues that have been determined to be most important to us, and to our stakeholders. We continue to support the Global Reporting Initiative (GRI) and report in accordance with GRI’s 3.0 guidelines, in addition to the Mining and Metals Sector Supplement, the Sustainable Development Framework of the International Council on Metals and Mining (ICMM), and the principles of the United Nations Global Compact (UNGC).
  • Our Mineral Resource and Ore Reserve Report which records our Mineral Resource and Ore Reserve in accordance with the South African Code for Reporting of Exploration Results, Mineral Resource and Mineral Reserve (The SAMREC Code, 2007 edition), and the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code, 2004 edition). This report has been prepared, reviewed and confirmed by the Competent Persons as defined in terms of these codes.

The suite of 2011 Annual Reports will be furnished to the United States Securities and Exchange Commission (SEC) on a Form 6-K.

Our reports cover all operations and entities in which the group has a controlling, significant interest and which are under our management, or in whose management we have significant influence. Information relating to joint ventures and other interests is provided for context. Production is expressed on an attributable basis. The average number of employees are reported for AngloGold Ashanti subsidiaries and joint ventures. There were no restatements during the year.

Unless otherwise stated, $ or dollar refers to US dollars throughout this suite of reports. Locations on maps are for indication purposes only. Group and company, and balance sheet and statement of financial position, are used interchangeably. For terminology used refer to the glossary of terms.

For further information, see references to our suite of reports.

Annual Financial Statements 2011Annual Financial Statements 2011

Sustainability Report 2011Sustainability Report 2011

Mineral Resource and Ore Reserve Report 2011Mineral Resource and Ore Reserve Report 2011 (PDF 442KB)

Online Report at www.aga-reports.comOnline Report at www.aga-reports.com