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ANG - Anglogold Ashanti - Announces board appointment
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 ANNOUNCES BOARD APPOINTMENT
AngloGold Ashanti is pleased to announce the appointment of Mr Rodney John
Ruston to its Board of Directors with effect from 1 January 2012.
Mr Ruston (Master Business Admin; Bachelor of Engineering (Mining)), is
currently the President and CEO of North American Energy Partners, a large
Canadian mining and construction contracting company listed on the NYSE and
the TSX. He has over 35 years of experience in the resources industry.
Mr Tito Mboweni, Chairman of the Board of Directors, said: "it is with
pleasure that I welcome Mr Ruston to the Board of Directors of AngloGold
Ashanti. His strong technical background will enhance the skills set of the
board and his strategic focus will add a further dimension to the board`s
deliberations. We look forward to working with him as we progress towards
making this company one of the best and most successful mining companies in
the world."
ENDS
9 December 2011
JSE Sponsor - UBS
Contacts
Tel: E-mail:
Alan Fine (Media) +27 11 637 6383 afine@AngloGoldAshanti.com
Mike Bedford (Investor) +27 11 637 6273 mbedford@anglogoldashanti.com
Stewart Bailey(Investor) +1 2128364303 sbailey@anglogoldashanti.com
Certain statements made in this communication, 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 announced mergers and acquisitions
transactions, AngloGold Ashanti`s liquidity, capital resources and capital
expenditure and the outcome and consequences of any litigation or regulatory
proceedings or environmental issues, 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 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 2010, which was distributed to shareholders on 29 March 2011
and the company`s 2010 annual report on Form 20-F, which was filed with the
Securities and Exchange Commission in the United States on May 31, 2011.
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. 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.
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: 09/12/2011 08:00:01 Supplied by www.sharenet.co.za
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