Anglogold Ashanti Limited - News Release
ANGLOGOLD ASHANTI LIMITED
(formerly AngloGold Limited)
(Incorporated in the Republic of South Africa)
(Registration Number: 1944/017354/06)
ISIN Number: ZAE000043485
News Release
CORPORATE AFFAIRS DEPARTMENT
16TH Floor, 11 Diagonal Street, Johannesburg 2001, South Africa
Tel: (+27 11) 637-6261 or Fax: (+27 11) 637-6399/6400
SJL/CAD/AGA4.04
26 May 2004
GUINEA GOVERNMENT PLACES EMBARGO ON IMPORTS AND EXPORTS BY ANGLOGOLD ASHANTI`S
SIGUIRI MINE
The Government of Guinea has placed an embargo on all imports and exports by the
Siguiri mine, including the export of gold bullion and the import of diesel.
Diesel fuel is urgently required in order to maintain critical pumps at the heap
leach plant, without which there is a risk of cyanide discharges and
environmental harm.
Siguiri, located in Northern Guinea, produced 58,000 ounces of gold in the first
quarter of 2004. AngloGold Ashanti is an 85% shareholder in the operation and
the Government of Guinea has a 15% share. AngloGold Ashanti is currently
constructing a carbon in pulp plant, which will increase production by 50%.
AngloGold Ashanti management is seeking urgent discussions with the Government
of Guinea to discover the reasons for the embargo and, jointly with Government,
to pursue an urgent resumption of mining activity. This is in the interests of
all stakeholders in the Siguiri mine.
AngloGold Ashanti will keep all stakeholders informed of developments.
ends
Queries
South Africa
Steve Lenahan
Tel: +27 11 637 6248
Mobile: +27 83 308 2200
E-mail: slenahan@anglogoldashanti.com
Ghana
Kwaku Akosah-Bempah
+233 21 778 178
+233 244 324 525
Kwaku.akosah-bempah@anglogoldashanti.com
Europe & Asia
Tomasz Nadrowski
+ 1 212 750 7999
+1 917 912 4641
tnadrowski@anglogoldashanti.com
USA
Charles Carter
Toll Free 800 417 9255
+1 212 750 7999
cecarter@anglogoldashanti.com
Australia
Andrea Maxey
+61 8 9425 4604
+61 438 001 393
amaxey@anglogoldashanti.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 2003 which was filed with the Securities and Exchange
Commission on 19 March 2004.
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.
