Resettlement policy for AngloGold Ashanti
Policy objective
The objective of the policy is to provide good practice operational guidance with regard to the resettlement of involuntary displaced communities in line with our existing business principles.
AngloGold Ashanti's existing Business Principle on land usage states:
We will seek to acquire and use land in a way which promotes the broadest possible consensus amongst interested people. Where involuntary resettlement is
unavoidable, we will abide by appropriate guidelines for resettlement, where they exist, and in any event will work with the local
communities to develop workable plans for any resettlement which may be necessary.
Policy approval, applicability and review
The International Finance Corporation's Resettlement Policies, Guidelines and Standards.
Our aim is to avoid involuntary resettlement to the extent feasible, or to minimise and mitigate its adverse social and economic impacts, where no other options exist. The IFC's policies, guidelines and standards on Involuntary Resettlement promote
participation of displaced people in resettlement planning and implementation, and its key economic objective is to assist displaced persons in their efforts to improve or at least restore their incomes and standards of living after displacement. It goes on to prescribe compensation and other resettlement measures to achieve its objectives.
Accordingly, these policies, guidelines and standards have been formally adopted for implementation at all managed operations, including joint ventures.
The policy will be reviewed as necessary, including any time that the IFC makes changes.
Actions stemming from the policy
In line with the spirit of our business principles and in keeping with best practice, AngloGold Ashanti will seek to avoid relocation where possible. And where evidence that relocation is unavoidably required by a project, it will take place in accordance with our business principles, local legislation and the IFC's policies, guidelines and standards on Involuntary Resettlement. Where such resettlement takes place under specific, current, local legislation, the local legislation will take precedence.