AngloGold in 1998

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AngloGold in 1998

• AngloGold formed June 1998
• Core strategic objectives
• create the right investment vehicle
• pursue shareholder value
• Highlights
• consolidated SA gold assets
• listed on NYSE
• acquisitions in Africa , North and South America
• improved cash operating costs in SA

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AngloGold in 1999

• Expanded objectives
• growth
• ore body diversity
• Highlights
• acquisition in Australia
• listed on the ASX
• spread risk
• increased production and reserves

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Production and headline earnings
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Costs and returns
Increasedproductivity
Acquisition of lower cost operations
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Diversification
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Cash costs and production
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Industry cash costs
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Growth and dividends
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AngloGolds globalexploration programme
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AngloGolds global asset base
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Australian operations
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AngloGold Australasia

• Gold production of 530,000 ounces from four
  operations
• Average cash operating costs of US218/oz
• Reserves 3.9 million ounces
• Resources 11.8 million ounces
• Sunrise Dam expansion approved

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MegaPit showing underground potential
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Restructuring management
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Images courtesy of Gold Virtuousi 2000
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Images courtesy of Gold Virtuosi 2000