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Annual Financial Statements 2003
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Corporate profile
 
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AngloGold and gold ? for many people ? investors, employees, communities ? the two words are synonymous. Although AngloGold itself was only formed in 1998, companies and mines within the group have a long and distinguished history and have played an integral role in the development of the regions and countries in which they operate.


A leading gold producer, with operations and projects around the world

AngloGold is one of the world?s leading gold producers, producing almost 6 million ounces of gold every year. The company has a truly global presence, with 19 operations in eight different countries. Its extensive exploration programme reaches across five continents, with current projects in 10 countries.

Its operations are directed from the corporate office in Johannesburg, with other offices located in Accra, Denver, Nova Lima, New York and Perth. Exploration offices are located in Lima ? Peru, Nova Lima ? Brazil, Johannesburg and Carletonville ? South Africa, Elko ? Nevada, Bamako ? Mali, Perth ? Australia, and Ulan Baatar ? Mongolia.

Diversity in people and production
AngloGold employs 55,000 people (including contractors) in Argentina, Australia, Brazil, Mali, Namibia, South Africa, Tanzania and the United States of America. Its people speak more than 15 languages, and operate across all time zones.

The company has nine underground mines, nine surface or opencast mines and one surface reclamation operation, providing for a huge diversity in operations, skills and expertise.

The gold investment of choice
AngloGold?s primary listing is on the JSE Securities Exchange in Johannesburg. The company is also listed on the New York Stock Exchange, the Australian Stock Exchange, the London Stock Exchange, as well as on the Paris and Brussels Euronext bourses.

Its shareholders are drawn from around the globe, attracted by the company?s track record of delivering competitive shareholder returns through solid earnings, strong cash flows and significant dividend payouts.

The future ? AngloGold-Ashanti
The merger between Ashanti Goldfields and AngloGold, which is expected to be completed in April 2004, will combine Ashanti?s exceptional orebodies, operating experience and world-class management with the deep level underground experience and financial strength of AngloGold. The result will be AngloGold-Ashanti, a world-class, global gold company with its origins and a substantial portion of its asset base and future growth potential firmly within Africa.
 

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