Wrap Text
ANG - AngloGold Ashanti Limited - AngloGold Ashanti completes acquisition of
remaining 50% interest in Serra Grande
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number:ZAE000043485
JSE Share Code: ANG
("AngloGold Ashanti/Company")
ANGLOGOLD ASHANTI COMPLETES ACQUISITION OF REMAINING 50% INTEREST IN SERRA
GRANDE
Further to the announcement of 29 May 2012, AngloGold Ashanti is pleased to
announce that the acquisition of Kinross Gold Corporation`s 50% interest in the
Serra Grande (Crixas) mine in Brazil, for a cash consideration of US$220
million, has been completed and AngloGold Ashanti owns 100% of Serra Grande.
Johannesburg
Primary Legal Advisers: Slaughter and May
Sponsor: UBS South Africa (Pty) Limited
28 June 2012
ENDS
Contacts Tel:
Alan Fine (Media) +27 (0) 11 637- 6383 / +27 (0) 83 250 0757
E-mail afine@anglogoldashanti.com
Chris Nthite (Media) +27 (0) 11 637 6388 / +27 (0) 83 301 2481
E-mail cnthite@anglogoldashanti.com
Mike Bedford (Investors) +27 (0) 11 637 6273 / +27 (0) 82 3748820
E-mail mbedford@anglogoldashanti.com
Stewart Bailey (Investors) +1 212 836 4303 / +1 646 338 4337
E-mail sbailey@anglogoldashanti.com
Sabrina Brockman (Investors) +1 (212) 836-4303
E-mail SBrockman@AngloGoldAshantiNA.com
Certain statements made in this communication, other than statements of
historical fact, including, without limitation, those concerning 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 the completion of acquisitions
and dispositions, AngloGold Ashanti`s liquidity and capital resources and
capital expenditure and the outcome and consequence of any potential or pending
litigation or regulatory proceedings or environmental issues, are forward-
looking statements or forecasts regarding AngloGold Ashanti`s operations,
economic performance and financial condition. These forward-looking statements
or forecasts involve known and unknown risks, uncertainties and other factors
that may cause AngloGold Ashanti`s actual results, performance or achievements
to differ materially from the anticipated results, performance or achievements
expressed or implied in these forward-looking statements. Although AngloGold
Ashanti believes that the expectations reflected in such forward-looking
statements or forecasts 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 including environmental approvals and actions,
fluctuations in gold prices and exchange rates, and business and operational
risk management. For a discussion of certain of these and other factors, refer
to AngloGold Ashanti`s annual report for the year ended 31 December 2011, which
was distributed to shareholders on 4 April 2012 and the company`s 2011 annual
report on Form 20-F, which was filed with the Securities and Exchange Commission
in the United States on 23 April 2012. These factors are not necessarily all of
the important factors that could cause AngloGold Ashanti`s actual results to
differ materially from those expressed in any forward-looking statements. Other
unknown or unpredictable factors could also have material adverse effects on
future results. Consequently, stakeholders are cautioned not to place undue
reliance on forward-looking statements. 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, except to the extent required by
applicable law. 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.
This communication may contain certain "Non-GAAP" financial measures. AngloGold
Ashanti utilises certain Non-GAAP performance measures and ratios in managing
its business. Non-GAAP financial measures should be viewed in addition to, and
not as an alternative for, the reported operating results or cash flow from
operations or any other measures of performance prepared in accordance with
IFRS. In addition, the presentation of these measures may not be comparable to
similarly titled measures other companies may use.
AngloGold Ashanti posts information that is important to investors on the main
page of its website at www.anglogoldashanti.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.
Date: 28/06/2012 16:18:01 Supplied by www.sharenet.co.za
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