UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated July 23, 2018
Commission File Number 1-14846
AngloGold Ashanti Limited
(Name of registrant)
76 Rahima Moosa Street
Newtown, 2001
(P.O. Box 62117, Marshalltown, 2107)
South Africa
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F X
Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
Yes
No X
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):
Yes
No X
Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes
No X
Enclosure: Press release:
ANGLOGOLD ASHANTI LIMITED APPOINTS KELVIN DUSHNISKY AS CEO
AND EXECUTIVE DIRECTOR
AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN. ZAE000043485
–
JSE share code: ANG
CUSIP: 035128206
–
NYSE share code: AU
JSE Bond Company Code - BIANG
(“AngloGold Ashanti” or the “Company”)
23 July 2018
NEWS RELEASE
AngloGold Ashanti Appoints Kelvin Dushnisky as CEO and Executive Director
(JOHANNESBURG
–
PRESS RELEASE)
–
AngloGold Ashanti is pleased to announce the
appointment of Kelvin Dushnisky as chief executive officer
(“CEO”)
and an executive director
of the Board
of Directors of AngloGold Ashanti (“the Board”)
, effective 1 September 2018. He
joins from Barrick Gold Corporation
(“Barrick”)
, where he holds the role of President and
Executive Director.
“Following an extremely competitive global search, we’re pleased to name someone of
Kelvin’s calibre and experience to lead this organisation,” AngloGold Ashanti Chairman Sipho
Pityana, said. “Kelvin brings to us an impeccable set of values, a deep understanding of
operating a large, complex global portfolio of mining assets and projects, and a keen familiarity
of an evolving geopolitical landscape. He will head a strong, cohesive team committed to
executing AngloGold Ashanti’s strategy of sustainably improving returns, through disciplined
capital allocation.”
Mr. Dushnisky, who will relocate to Johannesburg, where AngloGold Ashanti is based,
replaces outgoing CEO Srinivasan Venkatakrishnan (Venkat), who departs at the end of
August 2018 for a role at London-based Vedanta Resources. Venkat will cease to be a
member of the Board with effect from 31 August 2018.
“AngloGo
ld Ashanti has a strong portfolio of assets and an exciting pipeline of organic growth
opportunities,” said Mr. Dushnisky. “I’m honoured to be selected for this role, and look forward
to working alongside a world-class team in building on the excellent work already done, as we
unlock the enormous potential that exists in the Company.”
Experience
Since his appointment as President of Barrick in 2015, Mr. Dushnisky held direct responsibility
for Barrick’s overall business and the execution of its operating plans and strategic priorities.
This role included oversight of Barrick’s activities across Australia, Africa, the Middle East,
North America and South America. He also held responsibility for Barrick’s relationships with
host governments, local communities and other external stakeholders. Prior to this, Mr.
Dushnisky held a range of progressively senior positions in Barrick since joining in 2002.
He holds a B.Sc. (Hon.) degree from the University of Manitoba and M.Sc. and J.D. degrees
from the University of British Columbia. He is a member of the Law Society of British Columbia,
the Canadian Bar Association, the Business Council of Canada, the Institute of the Americas,
the Canadian Council for the Americas (Vice
-
Chair) and the Canadian Chamber of Commerce.
Whilst at Barrick, Mr. Dushnisky represented the company at the World Gold Council and the
International Council on Mining and Metals (ICMM). He is a member of the International
Advisory Board of the Shanghai Gold Exchange and the Accenture Global Mining Executive
Council. Mr. Dushnisky is a Trustee and a member of the Board of Directors of the University
Health Network.
Ends
Johannesburg
JSE Sponsor: Deutsche Securities (SA) Proprietary Limited
CONTACTS
Media
Chris Nthite
+27 11 637 6388/+27 83 301 2481
cnthite@anglogoldashanti.com
Stewart Bailey +27 81 032 2563 / +27 11 637 6031
sbailey@anglogoldashanti.com
General inquiries
media@anglogoldashanti.com
Investors
Stewart Bailey +27 81 032 2563 / +27 11 637 6031
sbailey@anglogoldashanti.com
Sabrina Brockman +1 646 880 4526/ +1 646 379 2555
sbrockman@anglogoldashanti.com
Fundisa Mgidi +27 11 6376763 / +27 82 821 5322
fmgidi@anglogoldashanti.com
Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining
industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, productivity improvements,
growth prospects and outlook of AngloGold Ashanti
industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, productivity improvements,
growth prospects and outlook of AngloGold Ashanti
’
s operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion
of commercial operations of certain of AngloGold Ashanti
’
s exploration and production projects and the completion of acquisitions, dispositions or joint venture transactions,
AngloGold Ashanti
’
s liquidity and capital resources and capital expenditures and the outcome and consequence of any potential or pending litigation or regulatory proceedings or
environmental health and safety issues, are forward-looking statements regarding AngloGold Ashanti’s operations, economic performance and financial condition. These forward-
looking statements or forecasts involve known and unknown risks, uncertainties and other factors that may cause AngloGold Ashanti’s actual results, performance or
achievements to differ materially from the anticipated results, performance or achievements expressed or implied in these forward-looking statements. Although AngloGold
Ashanti believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been
correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic, social and
political and market conditions, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental
approvals, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, and business and operational risk management. For a discussion
Ashanti believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been
correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic, social and
political and market conditions, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental
approvals, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, and business and operational risk management. For a discussion
of such risk factors, refer to AngloGold Ashanti
’
s annual reports on Form 20-F filed with the United States Securities and Exchange Commission. These factors are not necessarily
all of the important factors that could cause AngloGold Ashanti
’
s actual results to differ materially from those expressed in any forward-looking statements. Other unknown or
unpredictable factors could also have material adverse effects on future results. Consequently, readers are cautioned not to place undue reliance on forward-looking statements.
AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable
to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein.
AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable
to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein.
Non-GAAP financial measures
This communication may contain certain “Non-GAAP” financial measures. AngloGold Ashanti utilises certain Non-GAAP performance measures and ratios in managing
its business. Non- GAAP financial measures should be viewed in addition to, and not as an alternative for, the reported operating results or cash flow from operations or
any other measures of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled measures
other companies may use. AngloGold Ashanti posts information that is important to investors on the main page of its website at www.anglogoldashanti.com and under
any other measures of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled measures
other companies may use. AngloGold Ashanti posts information that is important to investors on the main page of its website at www.anglogoldashanti.com and under
the “Investors” tab on the main page. This information is updated regularly. Investors should visit this website to obtain important information about AngloGold Ashanti.
Website:
www.anglogoldashanti.com
ENDS
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 23, 2018
AngloGold Ashanti Limited
By:
/s/ M E SANZ PEREZ________
Name: M E Sanz Perez
Title:
Title:
EVP: Group Legal, Commercial & Governance