ANGLOGOLD ASHANTI LIMITED - AngloGold Ashanti Announces That Body of Missing Obuasi Miner Found After Search

AngloGold Ashanti Announces That Body of Missing Obuasi Miner Found After Search

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN: ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
(“AngloGold Ashanti”, “AGA” or “Company”)


NEWS RELEASE

AngloGold Ashanti Announces That Body of Missing Obuasi Miner Found After Search

(JOHANNESBURG) – NEWS RELEASE – It is with great sadness that AngloGold Ashanti
reports that the miner, missing after a geotechnical event at the Obuasi mine on Tuesday, 18
May 2021 has unfortunately passed away. His body was discovered on Saturday, 29 May by
mine rescue teams.

Our thoughts remain with the family and loved ones of our deceased colleague. May his soul
rest in peace. Our gratitude goes to the mine rescue teams for their efforts over this period.

A thorough investigation into the incident has been initiated. As previously1 announced,
underground mining activities were voluntarily suspended at the time of the incident and will
remain so pending an in-depth area-by-area assessment of the mine design, mine schedule
and ground management plans, before progressively releasing mining areas for a phased
resumption in production.


1
    on Thursday, 20 May 2021 and Wednesday, 25 May 2021




ENDS

Johannesburg
31 May 2021

    Contacts
    Media
    Julie Bain                   +27 66 364 0038                              jbain@anglogoldashanti.com
    Chris Nthite                 +27 83 301 2481                              cnthite@anglogoldashanti.com

    Investors
    Yatish Chowthee              +27 78 364 2080                              yrchowthee@anglogoldashanti.com
    Fundisa Mgidi                +27 82 821 5322                              fmgidi@anglogoldashanti.com


Certain statements contained in this document, other than statements of historical fact, including, without limitation,
those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production,
total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, return on equity,
productivity improvements, growth prospects and outlook of AngloGold Ashanti’s operations, individually or in the
aggregate, including the achievement of project milestones, commencement and completion of commercial
operations of certain of AngloGold Ashanti’s exploration and production projects and the completion of acquisitions,
dispositions or joint venture transactions, 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 health and safety issues, are forward-looking statements 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 and political and market conditions,
the 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, the outcome of pending
or future litigation proceedings, any supply chain disruptions, any public health crises, pandemics or epidemics
(including the COVID-19 pandemic), and other business and operational risks and other factors, including mining
accidents. For a discussion of such risk factors, refer to AngloGold Ashanti’s annual report on Form 20-F for the
year ended 31 December 2020, filed with the United States Securities and Exchange Commission (SEC). 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, readers 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 the date hereof 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.

The information contained in this announcement has not been reviewed or reported on by AngloGold Ashanti’s
external auditors.

Non-GAAP financial measures
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.
Incorporated in the Republic of South Africa Reg No: 1944/017354/06
ISIN: ZAE000043485 – JSE share code: ANG CUSIP: 035128206 – NYSE share code: AU

Website: www.anglogoldashanti.com

Date: 31-05-2021 07:58:00
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