Wrap Text
Board appointment
AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa \ Reg. No. 1944/017354/06)
ISIN No. ZAE000043485 – JSE share code: ANG \ CUSIP: 035128206 – NYSE share code: AU
Website: www.anglogoldashanti.com
News Release
21 February 2012
ANGLOGOLD ASHANTI ANNOUNCES BOARD APPOINTMENT
AngloGold Ashanti is pleased to announce the appointment of Mr Anthony Martin O’Neill (Tony)
as an executive director to its Board of Directors with effect from 20 February 2013.
Mr O’Neill was appointed Acting Joint Chief Executive Officer (CEO) of AngloGold Ashanti with
Mr Srinivasan Venkatakrishnan with effect from 1 April 2013 following the resignation of Mr Mark
Cutifani. As Acting Joint CEO, Mr O’Neill will be responsible for all operations, projects (including
ERP and procurement) and technical functions.
Mr O’Neill, a mining engineer with an MBA from the University of Melbourne, joined AngloGold
Ashanti in July 2008 as Executive Vice President: Business and Technical Development and
previously consulted to the company on its asset portfolio strategy.
He has extensive experience in effecting major operational turnarounds and business
restructuring in a career that has spanned almost 35 years, mostly in the gold sector. He has
worked on four continents and has experience across different mining methods and commodities.
Before working with AngloGold Ashanti, he was the executive in charge of operations at
Newcrest Mining and before that he was the executive in charge of Western Mining Corporation’s
gold business.
Since 2008, Tony has had full accountability for the areas of AngloGold Ashanti’s global portfolio
ranging from Exploration, Innovation & Improvement, Strategy, Mergers & Acquisitions, Asset
Management, Business Knowledge & Information Technology, Supply Chain and Safety &
Environment.
Mr Tito Mboweni, Chairman of the Board of Directors, said: "I am delighted to welcome Mr O’Neill
to the Board of Directors of AngloGold Ashanti Limited. His vast experience in the mining industry
and his extensive and detailed knowledge of our business will contribute to maintaining the
stability and momentum of the company whilst the board searches for a new CEO.”
SPONSOR: UBS South Africa (Pty) Limited
ENDS
__________________________________________________________________________________________________________________
Contacts
Media Tel: E-mail:
Alan Fine +27-11 637- 6383 / +27 (0) 83 250 0757 afine@anglogoldashanti.com
Chris Nthite +27 (0) 11 637 6388/+27 (0) 83 301 2481 cnthite@anglogoldashanti.com
Stewart Bailey +1 646 338 4337/ +1 212 858-7702 / +27 83 253 2021 sbailey@anglogoldashanti.com
General inquiries +27 11 637 6031 media@anglogoldashanti.com
Investors
Stewart Bailey +1 646 338 4337/ +1 212 858-7702 / +27 83 253 2021 sbailey@anglogoldashanti.com
Sabrina Brockman (US & Canada) +1 (212) 858 7702 / +1 646 379 2555 sbrockman@anglogoldashanti.com
Mike Bedford (UK & Europe) +44 779 497 7881 / +44 1225 93 8483 mbedford@anglogoldashanti.com
General inquiries +27 11 637 6059 investors@anglogoldashanti.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, return on shareholders’ equity, productivity
improvements, growth prospects and outlook of AngloGold Ashanti’s operations, individually or in the aggregate, including the achievement of project milestones, 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 expenditures 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 and 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, social, political and market conditions, success of business and operating
initiatives, changes in the regulatory environment and other government actions including environmental approvals, 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, 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 and the prospectus supplement to the company’s prospectus dated 17 July 2012 that was filed with the
Securities and Exchange Commission on 25 July 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: 21/02/2013 11:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
