Engaging with stakeholders for mutual benefit

Engagement with government

AngloGold Ashanti engages with governments on an ongoing basis in all of the countries in which it operates. One of the issues we emphasise in these engagements is the need for regulatory certainty to create an environment conducive for mining sector investment and development.

A key concern of governments in these engagements is the need to ensure that the net benefits of mining flow through to the government at a national level, and at a local level, to communities. See the section on local socio-economic development for an overview of how we address this expectation. Potential benefits of mining at a local level include employment, skills development, local procurement and infrastructure and service development.

Substantial direct payments are made to governments including taxes and royalties. See the table of payments to government below for details.

With all our payments to governments we strive for transparency in support of the objectives of the Extractive Industry Transparency Initiative (EITI) and in line with our values. As part of this process in October 2014, a revised policy relating to political party donations was put in place. The policy seeks to verfiy that the process of making donations to political parties is supported by a strong business case, are disclosed and fully explained.

All donations are governed by AngloGold Ashanti’s values and compliance policies, including its Policy on Anti-Bribery and Anti-Corruption, must comply with any and all current applicable laws and regulations in the jurisdictions in which the donations are made, including the US Foreign Corrupt Practices Act, and any other regulatory requirements to which the company may be subject.

Key performance indicators
Payments to governments by country ($m)
  2014 2013 2012 2011 2010
Argentina 96.1 122.4 147.7 133.7 62.6
Australia 67.1 49.2 88.2 122.2 28.1
Brazil 119.0 140.9 143.8 138.2 122.5
Colombia 15.1 22.1 23.3 10.9 14.6
DRC 26.0 23.1 15.9 11.1 10.5
Ghana 56.0 68.5 77.8 97.9 61.6
Guinea 67.8 93.3 101.4 98.5 96.3
Mali 29.4 57.6 132.3 164.1 170.3
Namibia 3.3 7.4 10.9 9.2 14.0
South Africa 143.6 157.0 250.8 313.3 199.5
Tanzania 123.7 69.8 213.8 101.1 45.0
USA 30.5 28.5 41.3 19.8 19.4
Total 777.6 839.8 1,247.2 1,220.0 844.4
Assistance from government ($000)
Country/Region Description 2014 2013
Argentina
Cerro Vanguardia Income tax 30% 5,390 5,447
Australia
Sunrise Dam Diesel Fuel Rebate 30,429 15,089
South Africa
SA Operations Skills development levy credits 1,110 1,940
  Mining Qualification Association Discretionary Grants 2,433 1,924
AngloGold Health Free TB drugs 0,136 0,216
Total 39,498 24,616
Organised labour