Report to Society

Economic performance

Key developments

  • Continued restructuring to focus on new company strategy.
  • New company vision, mission and values developed.
  • Business improvement project launched.
  • Conclusion of rights issue, reduction in hedge book and successful bond refinancing.
  • Energy efficiency measures mitigate impact of electricity crisis at the South African operations.
  • Gold production of 4.98 million ounces.
  • Rising input costs have significant effect on total cash costs across the industry, mitigated to some extent by the fall of the South African rand.
  • Significant payments to government, reported in line with the guidelines of the Extractive Industries Transparency Initiative (EITI).
Rand Refinery, South Africa

Rand Refinery, South Africa

Next > Renewing our vision, mission and values Key developments

ANGLOGOLD ASHANTI Report to Society 2008