news release
AngloGold Ashanti Limited \ (Incorporated in the Republic of South Africa)
(Reg. No.1944/017354/06) \ ISIN Number: ZAE000043485 \ NYSE symbol: AU \ JSE share code: ANG
Corporate Affairs Department: \ 3rd Floor \ 76 Jeppe Street \ Johannesburg \ 2001 \ South Africa
Tel +27 (0)11 637 6317 \ Fax +27 (0)11 637 6399/6400 \ www.AngloGoldAshanti.com
25 May 2009
SEISMIC EVENTS AT ANGLOGOLD ASHANTI’S SAVUKA MINE
AngloGold Ashanti regrets to announce that yesterday afternoon, Friday 22 May, a series of
seismic events was experienced at the company’s Savuka mine near Carltonville, South
Africa.
Emergency response procedures were immediately activated. Within several hours of the
incident being reported, all employees who were underground at the time of the incident were
evacuated through the shaft infrastructure at the neighboring TauTona mine.
Unfortunately, in the course of the seismic events, a pump attendant, was fatally injured.
Chief Executive Officer Mark Cutifani commented: “It is a matter of personal concern to me
that in the course of the incident the life of one of our colleagues was lost. I would like to
extend my deepest condolences to the friends and family and reiterate my objective of
enabling AngloGold Ashanti to operate deep-level mines in South Africa without fatalities.”
“I would however like to commend the management team at Savuka for their prompt and
effective response to this incident. The fact that we were able to evacuate all employees from
underground within such a short space of time reflects the high state of preparedness of the
mine as well as the robust and well-rehearsed emergency procedures in place. The fact that
secondary escape ways are available at Savuka also assisted the speedy evacuation.”
Operations at the mine have been suspended. The extent of the damage caused by the
incident will be assessed over the course of the weekend and additional updates provided as
the situation becomes clearer. Savuka produced 14,000oz of gold in the first quarter of 2009,
just over 1% of total group production.
ENDS
Contacts
Tel:
Mobile:
E-mail:
Joanne Jones (Media)
+27 (0) 11 637- 6813
+27 (0) 82 896 0306
jjones@AngloGoldAshanti.com
Certain statements made in this communication, including, without limitation, those concerning AngloGold Ashanti’s strategy to reduce its
gold hedging position including the extent and effects of the reduction, the economic outlook for the gold mining industry, expectations
regarding gold prices, production, cash costs and other operating results, growth prospects and outlook of AngloGold Ashanti’s operations,
individually or in the aggregate, including the completion and commencement of commercial operations of certain of AngloGold Ashanti’s
exploration and production projects and completion of acquisitions and dispositions, AngloGold Ashanti’s liquidity and capital resources, and
expenditure and the outcome and consequences of any pending litigation proceedings, contain certain forward-looking statements regarding
AngloGold Ashanti’s operations, economic performance and financial condition. Although AngloGold Ashanti believes that the expectations
reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been
correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors,
changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other
government actions, fluctuations in gold prices and exchange rates, and business and operational risk management. For a discussion of
such factors, refer to AngloGold Ashanti's annual report for the year ended 31 December 2008, which was distributed to shareholders on 27
March 2009 and the company’s annual report on Form 20-F, filed with the Securities and Exchange Commission in the United States on
May 5, 2009 as amended on May 6, 2009. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these
forward-looking statements to reflect events or circumstances after today’s date or to reflect the occurrence of unanticipated events. All
subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by
the cautionary statements herein.
AngloGold Ashanti posts information that is important to investors on the main page of its website at www.anglgoldashanti.com and under
the “Investors” tab on the main page. This information is updated regularly. Investors should visit this website to obtain important
information about AngloGold Ashanti.