ANGLOGOLD GIVES NOTICE OF TERMINATION OF AGREEMENT
Anglogold Gives Notice Of Termination Of Agreement
News Release
(Incorporated in the Republic of South Africa) CORPORATE AFFAIRS DEPARTMENT
(Registration Number: 1944/017354/06) 16th Floor, 11 Diagonal Street,
Johannesburg 2001, South Africa
ISIN Number:ZAE000043485 Tel: (+27 11) 637-6385 or Fax: (+27 11) 637-6399/6400
JSE Share Code: ANG CEC/CAD/AGO357.03
NYSE Ticker: AU
9 April 2003
AngloGold announced today that on 7 April 2003 the Jerritt Canyon Joint Venture
partners and Queenstake Resources Ltd. exchanged notices of termination of an
agreement under which Queenstake would have purchased the assets of the Jerritt
Canyon Mine. Queenstake failed to meet its obligations under the agreement
prior to the scheduled closing and the joint venture partners were forced to
give notice of the termination of the agreement.
The Joint Venture partners will continue to operate the Jerritt Canyon Mine
according to previously approved plans. The mine is expected to produce in
excess of 300,000 ounces of gold in 2003.
ends.
Queries:
www.anglogold.com
South Africa Tel: Mobile: E-mail:
Steve Lenahan +27 11 637 6248 +27 83 308 2200 slenahan@anglogold.com
Alan Fine +27 11 637 6383 +27 83 250 0757 afine@anglogold.com
Shelagh Blackman +27 11 637 6379 +27 83 308 2471 skblackman@anglogold.com
Europe & Asia
Tomasz Nadrowski +1 212 750 7999 +1 917 912 4641 tnadrowski@anglogold.com
USA
Charles Carter (Toll free) 800 417 9255 +1 212 750 7999 cecarter@anglogold.com
Australia
Andrea Maxey +61 8 9425 4604 +61 438 001 393 amaxey@anglogold.com.au
Disclaimer
Except for the historical information contained herein, there are matters
discussed in this news release that are forward-looking statements. Such
statements are only predictions and actual events or results may differ
materially. For a discussion of important factors including, but not limited to
development of the Company"s business, the economic outlook in the gold mining
industry, expectations regarding gold prices and production, and other factors,
which could cause actual results to differ materially from such forward-looking
statements, refer to the Company"s annual report on the Form 20-F for the year
ended 31 December 2002 which was filed with the Securities and Exchange
Commission on 4 April 2003.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
