2007 Annual Report

Performance review - key data by region

  • SOUTH AFRICA

    In 2007, the seven AngloGold Ashanti operations in South Africa employed around 37,000 people (including contractors) and produced 2.3 million ounces of gold, equivalent to 43% of group production. At year-end, South African ore reserves totalled 33.9 million ounces. These operations contributed $403 million to group adjusted gross profit.

      20072006% change
    Production(000 oz)2,3282,554(9)
    Total cash costs($/oz)34328520
    Capital expenditure($m)36131315
  • REST OF AFRICA

    Outside of South Africa, AngloGold Ashanti has eight gold mining operations in Africa – in Ghana, Guinea, Mali, Namibia and Tanzania – which combined employed 16,000 people (including contractors) and produced a total of 1.7 million ounces, equivalent to 30% of group output. Ore reserves at these operations amounted to 22.5 million ounces at year-end. Together, these operations contributed $128 million to group adjusted gross profit.

      20072006% change
    Production(000 oz)1,6551,779(7)
    Total cash costs($/oz)42537513
    Capital expenditure($m)182191(6)
  • SOUTH AMERICA

    AngloGold Ashanti has three gold mining operations in South America – two in Brazil and one in Argentina – which combined employed around 5,400 people (including contractors) and produced a total of 600,000 ounces, equivalent to 11% of group output. Ore reserves at these operations amounted to 4.8 million ounces at year-end. Together, these operations contributed $189 million to group adjusted gross profit.

      20072006% change
    Production(000 oz)61255410
    Total cash costs($/oz)26222119
    Capital expenditure($m)162205(21)
  • AUSTRALIA

    AngloGold Ashanti has one operating gold mine in Australia and interests in two joint ventures, Boddington and Tropicana. In all, some 800 people (including contractors) are employed and a record of 600,000 ounces, equivalent to 11% of group output, was produced. Ore reserves amounted to 7.2 million ounces at year-end. The Australian operations contributed $137 million to group adjusted gross profit.

      20072006% change
    Production(000 oz)60046529
    Total cash costs($/oz)3062983
    Capital expenditure($m)28186227
  • UNITED STATES

    AngloGold Ashanti has one operating gold mine in the United States which employed some 400 people (including contractors) and produced around 300,000 ounces, equivalent to 5% of group output. Ore reserves amounted to 4.8 million ounces at year-end. This operation contributed $74 million to group adjusted gross profit.

      20072006% change
    Production(000 oz)282283(0.5)
    Total cash costs($/oz)2692488
    Capital expenditure($m)231377


Performance review Next > Gold and uranium markets

AngloGold Ashanti Annual Report 2007 – Annual Financial Statements