AGD Anglogold Ash

 
TIDMAGD 
 
AngloGold Ashanti Limited 
 
(Incorporated in the Republic of South Africa  Reg. No. 1944/017354/06) 
 
ISIN No. ZAE000043485 - JSE share code: ANG  CUSIP: 035128206 - NYSE share 
code: AU 
 
Website: www.anglogoldashanti.com 
 
News Release 
 
30 January 2014 
 
Threatened strike by AMCU declared unprotected by Labour Court interim interdict 
 
(ANGLOGOLD ASHANTI - Press Release) AngloGold Ashanti is pleased to advise that 
South Africa's Labour Court has today ruled that a strike threatened by the 
Association of Construction and Mineworkers Union (AMCU) at the company's South 
Africa mines would be unprotected, and that employees should continue to 
proceed to work. The ruling given by Judge Edwin Molahlegi, on behalf of Judge 
Hamilton Cele, ruled that AMCU must return to court on 14 March 2014 to explain 
why this interim interdict that was applied for by the Chamber of Mines should 
not be made permanent. 
 
AMCU sought to proceed with strike action on a number of gold mining operations 
with effect from 20 January 2014 in relation to the wage agreement that was 
finalised in September 2013 in the gold sector between the employers and the 
National Union of Mineworkers, UASA and Solidarity and which was applied to all 
employees in the represented bargaining units. Together, these three unions 
represented 72% of employees in the sector. The agreed increases and improved 
benefits were backdated to 1 July 2013 and all employees, irrespective of union 
affiliation, have been in receipt of these since September 2013. 
 
An urgent interdict brought to the court by the gold producers was heard on 19 
January, and Judge Cele ordered that strike action be held in abeyance until 
today's ruling. 
 
SPONSOR: UBS South Africa (Pty) Limited 
 
ENDS 
 
Contacts 
 
Media 
 
Chris Nthite         +27 (0) 11 637 6388/      cnthite@anglogoldashanti.com 
                     +27 (0) 83 301 2481 
 
Stewart Bailey       +27 81 032 2563 /         sbailey@anglogoldashanti.com 
                     +27 11 637 6031 
 
General inquiries                              media@anglogoldashanti.com 
 
Investors 
 
Stewart Bailey       +27 81 032 2563 /         sbailey@anglogoldashanti.com 
                     +27 11 637 6031 
 
Sabrina Brockman (US +1 (212) 858 7702 /       sbrockman@anglogoldashanti.com 
& Canada)            +1 646 379 2555 
 
Fundisa Mgidi (South +27 11 6376763 /          fmgidi@anglogoldashanti.com 
Africa)              +27 82 821 5322 
 
General inquiries                              investors@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, cash 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 and dispositions, 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 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 and forecasts 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 the prospectus supplement to AngloGold Ashanti's 
prospectus dated 17 July 2012 that was filed with the United States Securities 
and Exchange Commission ("SEC") on 26 July 2013. 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. 
 
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 the "Investors" tab on the main page. This 
information is updated regularly. Investors should visit this website to obtain 
important information about AngloGold Ashanti. 
 
 
 
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