AngloGold Ashanti is headquartered in Johannesburg and has 20 operations in 10 countries on four continents, as well as several exploration programmes in both the established and new gold producing regions of the world.
Engagement with the EITI
AngloGold Ashanti provides data for all those countries in which they do business whether or not the countries are implementing the EITI. The information is contained in the Sustainability Report.
DRC: Part of multi-stakeholder group to support the EITI process in the DRC for 5 years.
Ghana: The multi-stakeholder committee includes government ministries. The mining industry including AngloGold Ashanti is represented through the Chamber of Mines which is represented on the Steering Committee.
Tanzania: Actively involved in the Tanzania EITI. The TEITI group comprises of representatives from Government, Civil Society, companies and the chairman is up for election every three years. There is no financial contribution that is made in Tanzania for this process.
Mali: EITI is regulated by a ministerial decree. The Steering Committee is led by the Prime Minister. AngloGold Ashanti is represented in a committee led by the Minister of Mines that participates in the Steering Committee. The company does not pay for the Steering committee.
AngloGold Ashanti is engaged in a number of activities that have transparency as a key focus, including participating in the EITI Board meeting in Lusaka, Zambia in October 2012.
As a US listed registrant and also having a business presence in the DRC and operating mine in Tanzania, AngloGold Ashanti has been involved in lobbying on all matters relating to the issue of conflict minerals. We seconded a colleague to the World Gold Council to contribute to the development of the internationally recognised standards on conflict free gold. We also actively participated in the OECD process.
Financial contribution to international management of the EITI
AngloGold Ashanti is a member of the ICMM. ICMM makes a contribution to the International EITI on behalf of all its members.
From AngloGold Ashanti's statement of support to the EITI:
Our public policy and broader stakeholder engagement work is essential to maintain our social licence to operate. We actively support the objectives of the International Council on Mining and Metals (ICMM), the United Nations Global Compact (UNGC), the Extractive Industries Transparency Initiative (EITI), and the Voluntary Principles on Security and Human Rights (VPSHR), among others, which help us improve our performance and find areas of mutual interest and cooperation to co-design solutions.