2006 Annual Report
PDF icon Performance review (PDF - 2.05 MB)

Performance review

45% – SOUTH AFRICA

South Africa

Annual production (000 oz)

Annual production (000 oz)

Capital Expenditure ($m)

Capital expenditure ($m)

  • Mining operations here are divided into two regions, West Wits and Vaal River, which together have seven mines, namely Great Noligwa, Kopanang, Moab Khotsong, Mponeng, Savuka, Tau Lekoa and TauTona.
  • As at 31 December 2006, Ore Reserves for these operations totalled 27.2 million ounces of gold – 41% of group reserves.
  • Combined, these mines employed 35,968 people and produced 2,554,000 ounces of gold in 2006, equivalent to 45% of total group output.
  • The South African operations contributed $549 million – 52% – to group adjusted gross profit.
  • Capital expenditure for the year totalled $313 million.

8% – AUSTRALIA

Australia

Annual production (000 oz)

Annual production (000 oz)

Capital Expenditure ($m)

Capital expenditure ($m)

  • The operations here are Sunrise Dam and the Boddington joint venture expansion project, both in the state of Western Australia.
  • As at 31 December 2006, Ore Reserves totalled 6.4 million ounces of gold – 9% of group reserves.
  • Sunrise Dam and Boddington together employed 479 people and Sunrise Dam produced 465,000 ounces of gold in 2006, equivalent to 8% of total group output.
  • This operation contributed $137 million – 13% – to group adjusted gross profit.
  • Capital expenditure at both Sunrise Dam and Boddington totalled $84 million for the year.

10% – SOUTH AMERICA

South America

Annual production (000 oz)

Annual production (000 oz)

Capital Expenditure ($m)

Capital expenditure ($m)

  • The mining operations here are located in Brazil (AngloGold Ashanti Brasil Mineração Ltda and Serra Grande) and Argentina (Cerro Vanguardia).
  • As at 31 December 2006, Ore Reserves in Brazil and Argentina totalled 4.7 million ounces of gold –7% of group reserves.
  • Combined, these mines employed 5,334 people and produced 554,000 ounces of gold in 2006, equivalent to 10% of total group output.
  • The operations together contributed $175 million – 17% – to group adjusted gross profit.
  • Capital expenditure for the year totalled $205 million.

5% – USA

USA

Annual production (000 oz)

Annual production (000 oz)

Capital Expenditure ($m)

Capital expenditure ($m)

  • The one mining operation here is Cripple Creek & Victor (CC&V) in the state of Colorado.
  • As at 31 December 2006, Ore Reserves at CC&V totalled 3.8 million ounces of gold – 6% of group reserves.
  • This operation employed 369 people and produced 283,000 ounces of gold in 2006, equivalent to 5% of total group output.
  • This operation contributed $23 million – 2% – to group adjusted gross profit.
  • Capital expenditure for the year totalled $13 million.

32% – REST OF AFRICA

USA

Annual production (000 oz)

Annual production (000 oz)

Capital Expenditure ($m)

Capital expenditure ($m)

  • This region includes the mining operations in Ghana (Obuasi, Iduapriem and Bibiani for 11 months),Guinea (Siguiri), Mali (Morila, Sadiola, Yatela), Namibia (Navachab) and Tanzania (Geita).
  • As at 31 December 2006, Ore Reserves for all these operations totalled 24.8 million ounces of gold – 37% of group reserves.
  • Combined, these mines employed 17,157 people and produced 1,779,000 ounces of gold in 2006, equivalent to 32% of total group output.
  • The operations in Africa (outside of South Africa) contributed $144 million – 14% – to group adjusted gross profit.
  • Capital expenditure for the year totalled $191 million.
 

AngloGold Ashanti Annual Report 2006 - Annual Financial Statements