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6-K 1 agaq32023operationsataglan.htm 6-K Document


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 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2023

Commission File Number 001-41815

            AngloGold Ashanti plc           
(Translation of registrant’s name into English)

4th Floor, Communications House
South Street
Staines-Upon-Thames, Surrey, TW18 4PR
United Kingdom       
(Address of principal executive office)

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



Enclosure: AngloGold Ashanti Q3 2023 – Operations at a glance (Incorporated in England and Wales)





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AngloGold Ashanti plc
Registration number: 14654651
LEI No.: 2138005YDSA7A82RNU96
ISIN: GB00BRXH2664
CUSIP: G0378L100
NYSE Share code: AU
JSE Share code: ANG
(“AngloGold Ashanti”, “AGA” or the “Company”)


AngloGold Ashanti Q3 2023 – Operations at a glance

On 9 November 2023, AngloGold Ashanti released the below tables on its website which include unaudited information on the Company’s production, costs and capital expenditure for the three months and the nine months ended 30 September 2023. AngloGold Ashanti expects to release full year results for 2023 with detailed financial and operating information in February 2024.



Operations at a glance
for the quarters ended 30 September 2023, 30 June 2023 and 30 September 2022
Gold production
oz (000)
Open-pit treated
000 tonnes
Underground milled / treated
000 tonnes
Other milled / treated
000 tonnes
Open-pit Recovered grade
g/tonne
Underground Recovered grade
g/tonne
Other Recovered grade
g/tonne
Total Recovered grade
g/tonne
Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22
AFRICA Joint Ventures 99  88  83  512  537  506  446  413  392  —  —  —  1.89  1.42  0.82  4.75  4.75  5.52  —  —  —  3.22  2.87  2.87 
Kibali - Attributable 45% 99  88  83  512  537  506  446  413  392  —  —  —  1.89  1.42  0.82  4.75  4.75  5.52  —  —  —  3.22  2.87  2.87 
AFRICA Subsidiaries 298  277  360  4,669  3,813  4,449  863  946  894  93  43  31  1.16  1.21  1.27  4.38  4.20  6.13  0.96  1.03  1.48  1.65  1.80  2.08 
Iduapriem 71  56  66  1,396  1,284  1,392  —  —  —  —  —  —  1.59  1.34  1.47  —  —  —  —  —  —  1.59  1.34  1.47 
Obuasi 46  57  72  —  —  —  230  267  299  93  43  31  —  —  —  5.85  6.49  7.29  0.96  1.03  1.48  4.43  5.74  6.74 
Siguiri - Attributable 85% 55  45  66  2,474  1,830  2,159  —  —  —  —  —  —  0.69  0.77  0.95  —  —  —  —  —  —  0.69  0.77  0.95 
Geita 126  119  156  799  699  898  633  679  595  —  —  —  1.84  2.09  1.72  3.85  3.30  5.55  —  —  —  2.73  2.69  3.25 
AUSTRALIA 140  140  143  1,554  1,845  1,950  1,004  912  805  —  —  —  1.22  1.08  1.29  2.43  2.57  2.42  —  —  —  1.70  1.58  1.62 
Sunrise Dam 64  66  57  271  392  462  659  620  560  —  —  —  1.54  1.27  1.23  2.36  2.48  2.18  —  —  —  2.12  2.01  1.75 
Tropicana - Attributable 70% 76  74  86  1,283  1,453  1,488  345  292  245  —  —  —  1.16  1.03  1.30  2.56  2.77  2.97  —  —  —  1.46  1.32  1.54 
AMERICAS 136  147  152  220  186  185  674  669  1,064  624  767  520  1.84  2.52  3.27  3.25  3.44  3.61  2.62  2.34  0.56  2.79  2.82  2.67 
Cerro Vanguardia - Attributable 92.50% 35  37  44  179  184  165  101  104  116  349  383  440  1.98  2.53  3.54  5.67  5.02  4.90  0.45  0.42  0.46  1.72  1.71  1.88 
AngloGold Ashanti Mineração 77  88  86  —  —  —  293  295  682  275  384  80  —  —  —  3.17  3.73  3.81  5.37  4.25  1.08  4.24  4.03  3.52 
Serra Grande 24  22  22  41  20  280  270  266  —  —  —  1.23  1.66  1.02  2.45  2.52  2.52  —  —  —  2.30  2.52  2.42 
AngloGold Ashanti Total 673  652  738  6,955  6,381  7,090  2,987  2,940  3,155  717  810  552  1.25  1.23  1.29  3.53  3.60  4.26  2.40  2.27  0.61  1.96  2.00  2.13 
Joint Ventures 99  88  83  512  537  506  446  413  392  —  —  —  1.89  1.42  0.82  4.75  4.75  5.52  —  —  —  3.22  2.87  2.87 
Subsidiaries 574  564  655  6,443  5,844  6,584  2,541  2,527  2,763  717  810  552  1.20  1.21  1.33  3.31  3.41  4.08  2.40  2.27  0.61  1.84  1.91  2.06 
Rounding of figures may result in computational discrepancies.




Operations at a glance (continued)
for the quarters ended 30 September 2023, 30 June 2023 and 30 September 2022
Total cash costs All-in sustaining costs Sustaining ORD / Stripping capex Other sustaining capex Non-sustaining capex
$/oz $/oz $m $m $m
Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22 Sep-23 Jun-23 Sep-22
AFRICA Joint Ventures 721  779  762  820  982  972  10 
Kibali - Attributable 45% 721  779  762  820  982  972  10 
AFRICA Subsidiaries 1,163  1,221  1,011  1,639  1,566  1,232  73  59  42  59  23  25  34  39  50 
Iduapriem 822  1,230  792  1,122  1,626  1,043  17  19  11  11  20 
Obuasi 1,449  952  961  2,491  1,423  1,236  25  21  11  21  18  14  20 
Siguiri - Attr. 85% 1,664  1,740  1,386  2,020  1,914  1,475  —  12  — 
Geita 903  1,034  866  1,320  1,342  1,094  24  17  20  20  12  11  10 
Non-controlling interests, administration and other —  —  —  —  — 
AUSTRALIA 1,248  1,285  1,047  1,453  1,462  1,238  14  10  11  10  11  37 
Sunrise Dam 1,352  1,291  1,430  1,555  1,467  1,715  —  —  — 
Tropicana - Attr. 70% 1,079  1,174  705  1,284  1,348  844  37 
AMERICAS 1,206  1,294  1,038  1,629  1,864  1,644  39  45  37  17  30  39  —  —  — 
Cerro Vanguardia - Attributable 92.50% 966  1,187  923  1,444  1,723  1,317  10  —  —  — 
AngloGold Ashanti Mineração 1,222  1,293  1,028  1,573  1,824  1,716  20  25  21  16  27  —  —  — 
Serra Grande 1,502  1,457  1,312  2,114  2,205  1,992  —  —  — 
Non-controlling interests, administration and other —  —  —  —  — 
PROJECTS —  —  —  —  —  — 
Colombian projects —  —  —  —  —  — 
AngloGold Ashanti Total 1,098  1,175  966  1,482  1,559  1,284  127  121  95  95  70  85  50  59  97 
Joint Ventures 721  779  762  820  982  972  10 
Subsidiaries 1,163  1,236  992  1,595  1,646  1,326  126  114  90  86  62  75  42  51  92 
Rounding of figures may result in computational discrepancies.




Operations at a glance
for the nine months ended 30 September 2023 and 30 September 2022
Gold production
oz (000)
Open-pit treated
000 tonnes
Underground milled / treated
000 tonnes
Other milled / treated
000 tonnes
Open-pit Recovered grade
g/tonne
Underground Recovered grade
g/tonne
Other Recovered grade
g/tonne
Total Recovered grade
g/tonne
Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22
AFRICA Joint Ventures 250  240  1,588  1,408  1,201  1,134  —  —  1.54  0.94  4.45  5.43  —  —  2.79  2.94 
Kibali - Attributable 45% 250  240  1,588  1,408  1,201  1,134  —  —  1.54  0.94  4.45  5.43  —  —  2.79  2.94 
AFRICA Subsidiaries 860  914  12,619  13,339  2,592  2,438  174  125  1.20  1.16  4.41  5.23  1.00  1.37  1.74  1.79 
Iduapriem 189  181  3,914  3,994  —  —  —  —  1.51  1.41  —  —  —  —  1.51  1.41 
Obuasi 163  162  —  —  732  708  174  125  —  —  6.69  6.88  1.00  1.37  5.60  6.05 
Siguiri - Attributable 85% 165  208  6,626  6,861  —  —  —  —  0.77  0.94  —  —  —  —  0.77  0.94 
Geita 343  363  2,079  2,484  1,860  1,730  —  —  1.98  1.37  3.51  4.55  —  —  2.70  2.68 
AUSTRALIA 405  397  5,114  5,643  2,807  2,402  —  —  1.07  1.15  2.53  2.45  —  —  1.59  1.54 
Sunrise Dam 190  174  1,012  1,312  1,882  1,678  —  —  1.34  1.24  2.43  2.26  —  —  2.05  1.81 
Tropicana - Attributable 70% 215  223  4,102  4,331  925  724  —  —  1.01  1.12  2.74  2.89  —  —  1.33  1.37 
AMERICAS 394  420  618  706  1,951  3,004  1,967  1,356  2.14  2.15  3.34  3.60  2.24  0.51  2.70  2.57 
Cerro Vanguardia - Attributable 92.50% 114  128  569  568  290  293  1,101  1,225  2.21  2.32  6.12  7.10  0.46  0.44  1.81  1.89 
AngloGold Ashanti Mineração 219  231  —  —  875  1,947  866  131  —  —  3.33  3.61  4.50  1.14  3.91  3.45 
Serra Grande 61  61  49  138  786  764  —  —  1.22  1.44  2.34  2.24  —  —  2.27  2.12 
AngloGold Ashanti Total 1,909  1,971  19,939  21,096  8,551  8,978  2,141  1,481  1.22  1.18  3.55  3.97  2.14  0.58  1.94  1.94 
Joint Ventures 250  240  1,588  1,408  1,201  1,134  —  —  1.54  0.94  4.45  5.43  —  —  2.79  2.94 
Subsidiaries 1,659  1,731  18,351  19,688  7,350  7,844  2,141  1,481  1.20  1.19  3.41  3.76  2.14  0.58  1.85  1.86 
Rounding of figures may result in computational discrepancies.




Operations at a glance (continued)
for the nine months ended 30 September 2023 and 30 September 2022
Total cash costs All-in sustaining costs Sustaining ORD / Stripping capex Other sustaining capex Non-sustaining capex
$/oz $/oz $m $m $m
Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22 Sep-23 Sep-22
AFRICA Joint Ventures 817  758  967  992  13  17  25  27  23  13 
Kibali - Attributable 45% 817  758  967  992  13  17  25  27  23  13 
AFRICA Subsidiaries 1,201  1,098  1,570  1,329  187  115  102  62  112  120 
Iduapriem 935  942  1,299  1,229  53  32  10  18  35  39 
Obuasi 1,141  1,039  1,674  1,382  64  39  28  11  46  51 
Siguiri - Attr. 85% 1,636  1,281  1,832  1,372  —  20  14 
Geita 1,032  969  1,396  1,195  61  44  40  16  26  29 
Non-controlling interests, administration and other —  — 
AUSTRALIA 1,280  1,147  1,490  1,325  36  29  30  28  36  95 
Sunrise Dam 1,320  1,394  1,546  1,630  12  17  20  17  —  — 
Tropicana - Attr. 70% 1,145  861  1,334  993  24  12  10  11  36  95 
AMERICAS 1,276  1,053  1,908  1,687  126  108  65  123  —  — 
Cerro Vanguardia - Attributable 92.50% 1,079  861  1,555  1,169  27  21  18  12  —  — 
AngloGold Ashanti Mineração 1,292  1,062  1,974  1,847  69  63  32  90  —  — 
Serra Grande 1,574  1,410  2,310  2,132  28  22  14  20  —  — 
Non-controlling interests, administration and other —  — 
PROJECTS —  —  —  —  12  11 
Colombian projects —  —  —  —  10 
North American projects —  —  —  — 
Corporate and other —  —  —  —  — 
AngloGold Ashanti Total 1,157  1,030  1,550  1,368  362  269  222  244  183  239 
Joint Ventures 817  758  967  992  13  17  25  27  23  13 
Subsidiaries 1,208  1,068  1,638  1,420  349  252  197  217  160  226 
Rounding of figures may result in computational discrepancies.







Forward-looking statements
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, return on equity, 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, the consequences of the COVID-19 pandemic and the outcome and consequences of any potential or pending litigation or regulatory proceedings or environmental, health and safety issues, are forward-looking statements regarding AngloGold Ashanti’s financial reports, operations, economic performance and financial condition. These forward-looking statements or forecasts are not based on historical facts, but rather reflect our current beliefs and expectations concerning future events and generally may be identified by the use of forward-looking words, phrases and expressions such as “believe”, “expect”, “aim”, “anticipate”, “intend”, “foresee”, “forecast”, “predict”, “project”, “estimate”, “likely”, “may”, “might”, “could”, “should”, “would”, “seek”, “plan”, “scheduled”, “possible”, “continue”, “potential”, “outlook”, “target” or other similar words, phrases, and expressions; provided that the absence thereof does not mean that a statement is not forward-looking. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statements or forecasts involve known and unknown risks, uncertainties and other factors that may cause AngloGold Ashanti’s actual results, performance, actions or achievements to differ materially from the anticipated results, performance, actions or achievements expressed or implied in these forward-looking statements. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements and forecasts are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results, performance, actions or achievements could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic, social, political and market conditions, including related to inflation or international conflicts, 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, any supply chain disruptions, any public health crises, pandemics or epidemics (including the COVID-19 pandemic), and other business and operational risks and challenges and other factors, including mining accidents. For a discussion of such risk factors, refer to AngloGold Ashanti Limited’s annual report on Form 20-F for the year ended 31 December 2022 filed with the United States Securities and Exchange Commission (SEC) and AngloGold Ashanti’s registration statement on Form F-4 initially filed with the SEC on 23 June 2023. These factors are not necessarily all of the important factors that could cause AngloGold Ashanti’s actual results, performance, actions or achievements to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on AngloGold Ashanti’s future results, performance, actions or achievements. 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.

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.



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.



AngloGold Ashanti plc
Date: November 13, 2023

By:    /s/ HC GRANTHAM
Name:    HC Grantham
Title:    Interim Company Secretary