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





goldonwhiteprintnewa11a.jpg
AngloGold Ashanti plc
(Incorporated in England and Wales)
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-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22
AFRICA Joint Ventures99 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 Subsidiaries298 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 
Iduapriem71 56 66 1,396 1,284 1,392  — —  — — 1.59 1.34 1.47  — —  — — 1.59 1.34 1.47 
Obuasi46 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 
Geita126 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 
AUSTRALIA140 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 Dam64 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 
AMERICAS136 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 Mineração77 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 Grande24 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 Total673 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 Ventures99 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 
Subsidiaries574 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 costsAll-in sustaining costsSustaining ORD / Stripping capexOther sustaining capexNon-sustaining capex
$/oz$/oz$m$m$m
Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22Sep-23Jun-23Sep-22
AFRICA Joint Ventures721 779 762 820 982 972 1 9 10 8 
Kibali - Attributable 45%721 779 762 820 982 972 1 9 10 8 
AFRICA Subsidiaries1,163 1,221 1,011 1,639 1,566 1,232 73 59 42 59 23 25 34 39 50 
Iduapriem822 1,230 792 1,122 1,626 1,043 17 19 11 4 8 11 20 
Obuasi1,449 952 961 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 6 — 12 1 — 
Geita903 1,034 866 1,320 1,342 1,094 24 17 20 20 12 7 11 10 
Non-controlling interests, administration and other1 — — 2  — — 
AUSTRALIA1,248 1,285 1,047 1,453 1,462 1,238 14 10 11 10 11 6 37 
Sunrise Dam1,352 1,291 1,430 1,555 1,467 1,715 5 6  — — 
Tropicana - Attr. 70%1,079 1,174 705 1,284 1,348 844 9 4 6 37 
AMERICAS1,206 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 9 10 5  — — 
AngloGold Ashanti Mineração1,222 1,293 1,028 1,573 1,824 1,716 20 25 21 7 16 27  — — 
Serra Grande1,502 1,457 1,312 2,114 2,205 1,992 9 5  — — 
Non-controlling interests, administration and other1  —  — — 
PROJECTS — —  — — 2 
Colombian projects — —  — — 2 
AngloGold Ashanti Total1,098 1,175 966 1,482 1,559 1,284 127 121 95 95 70 85 50 59 97 
Joint Ventures721 779 762 820 982 972 1 9 10 8 
Subsidiaries1,163 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-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22
AFRICA Joint Ventures250 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 Subsidiaries860 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 
Iduapriem189 181 3,914 3,994  —  — 1.51 1.41  —  — 1.51 1.41 
Obuasi163 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 
Geita343 363 2,079 2,484 1,860 1,730  — 1.98 1.37 3.51 4.55  — 2.70 2.68 
AUSTRALIA405 397 5,114 5,643 2,807 2,402  — 1.07 1.15 2.53 2.45  — 1.59 1.54 
Sunrise Dam190 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 
AMERICAS394 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 Mineração219 231  — 875 1,947 866 131  — 3.33 3.61 4.50 1.14 3.91 3.45 
Serra Grande61 61 49 138 786 764  — 1.22 1.44 2.34 2.24  — 2.27 2.12 
AngloGold Ashanti Total1,909 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 Ventures250 240 1,588 1,408 1,201 1,134  — 1.54 0.94 4.45 5.43  — 2.79 2.94 
Subsidiaries1,659 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 costsAll-in sustaining costsSustaining ORD / Stripping capexOther sustaining capexNon-sustaining capex
$/oz$/oz$m$m$m
Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22Sep-23Sep-22
AFRICA Joint Ventures817 758 967 992 13 17 25 27 23 13 
Kibali - Attributable 45%817 758 967 992 13 17 25 27 23 13 
AFRICA Subsidiaries1,201 1,098 1,570 1,329 187 115 102 62 112 120 
Iduapriem935 942 1,299 1,229 53 32 10 18 35 39 
Obuasi1,141 1,039 1,674 1,382 64 39 28 11 46 51 
Siguiri - Attr. 85%1,636 1,281 1,832 1,372 8 — 20 14 4 
Geita1,032 969 1,396 1,195 61 44 40 16 26 29 
Non-controlling interests, administration and other1 — 4 1 — 
AUSTRALIA1,280 1,147 1,490 1,325 36 29 30 28 36 95 
Sunrise Dam1,320 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 
AMERICAS1,276 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 Mineração1,292 1,062 1,974 1,847 69 63 32 90  — 
Serra Grande1,574 1,410 2,310 2,132 28 22 14 20  — 
Non-controlling interests, administration and other2 1  — 
PROJECTS —  — 12 11 
Colombian projects —  — 7 10 
North American projects —  — 5 
Corporate and other —   — 
AngloGold Ashanti Total1,157 1,030 1,550 1,368 362 269 222 244 183 239 
Joint Ventures817 758 967 992 13 17 25 27 23 13 
Subsidiaries1,208 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