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ANGLOGOLD ASHANTI LIMITED - NEGOTIATIONS WITH GUINEA GOVERNMENT REGARDING

Release Date: 15/06/2004 09:08
Code(s): ANG
Wrap Text

ANGLOGOLD ASHANTI LIMITED - NEGOTIATIONS WITH GUINEA GOVERNMENT REGARDING ANGLOGOLD ASHANTI"S SIGUIRI MINE AngloGold Ashanti Limited (formerly AngloGold Limited) Incorporated in the Republic of South Africa Registration Number: 1944/017354/06) ISIN Number: ZAE000043485 JSE Share Code: ANG ("AngloGold Ashanti/Company") NEGOTIATIONS WITH GUINEA GOVERNMENT REGARDING ANGLOGOLD ASHANTI"S SIGUIRI MINE On 26 May, AngloGold Ashanti issued a statement that the Government of Guinea had placed an embargo on all imports and exports by the Siguiri Mine. Management directed its immediate focus on steps to ensure environmental protection and the maintenance of the company"s assets. Since the announcement, constructive discussions have commenced with the Guinean Government and the supply of diesel fuel to the mine has resumed. However, the embargo on the export of gold from Siguiri remains in place. The impact of the continuing embargo on the mine"s operations has been brought to the attention of the Government. Meanwhile, AngloGold Ashanti is using its best efforts to bring this undesirable state of affairs to a speedy and satisfactory resolution and the market will be kept informed of further developments. ends Johannesburg 15 June 2004 Date: 15/06/2004 09:08:02 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department