and Lamego mines and the Cuiabá and Queiroz plants. The Cuiabá and Lamego mines are located near Sabará, southeast and east respectively of the city of Belo Horizonte, the capital of Minas Gerais State, in the southeast of Brazil. Lamego is a new mine developed to mine an underground sulphide ore. The first stage of the processing of the ore from Cuiabá and Lamego mines is in the gold plant at the Cuiabá complex, where concentrate is produced. The material is then transported 15 kilometers by aerial ropeway to the Queiroz plant where milling, flotation, roasting, leaching, precipitation and refining occur. Total capacity of the complete circuit is 1.7 million tonnes per year and recoveries of 93 percent are achieved. The Córrego do Sítio is located in the Municipality of Santa Bárbara, 60 kilometres east of the city of Belo Horizonte, the capital of Minas Gerais state. The Córrego do Sítio operation comprises one surface (oxide) and two underground (sulphide) mines, as well as a heap leach pad and sulphide plant. Brazil – Serra Grande: Serra Grande is located in central Brazil, in the state of Goiás, approximately five kilometers from the city of Crixás. Serra Grande comprises three mechanised underground mines, such as Mina III (which includes orebody IV), Mina Nova (which includes the Pequizão orebody), and Palmeiras – and an open pit in the outcrop of Mina III orebodies. The annual capacity of the processing circuit, which has grinding, leaching, filtration, precipitation and smelting facilities, is 1.3 million tonnes. Reserves The combined proven and probable ore reserve of the company amounted to 51.7 million ounces as of December 31, 2015. Dispositions In August 2015, the company completed its disposal of Cripple Creek & Victor, its sole asset in North America. Strategy The company’s strategic focus areas are to focus on people, safety and sustainability; improve portfolio quality; and maintain long-term optionality. Regulation The company’s operating properties are located in the state of Western Australia where tenure is issued under, and mining operations are governed by, the Mining Act 1978 (WA). History AngloGold Ashanti Limited was founded in 1944. The company was incorporated in the Republic of South Africa in 1944.
anglogold ashanti-spon adr (AU:New York)
76 Rahima Moosa Street
Phone: 27 11 637 6000
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