• Australia

AngloGold Ashanti’s sole operating asset in Australasia is Sunrise Dam.

The group also has an extensive exploration programme under way in Australasia, the most advanced of which is Tropicana, a joint venture in which AngloGold Ashanti holds 70% and the Independence Group NL has 30%. Tropicana is managed by AngloGold Ashanti and covers 13,500km² of tenements. This project is the focus of the group’s exploration activities in Australasia.

Exploration in the Australasia region is also currently being conducted in the Philippines and the Solomon Islands. Further information on the progress being made here is presented in the Exploration review of this report.

In January 2009, AngloGold Ashanti agreed to sell its 33.33% interest in the Boddington project in Australia to joint venture partner, Newmont Mining Corporation. This project is therefore not covered in this report.

The Australasian operation produced 401,000oz of gold in 2009, equivalent to 9% of total group production.