AngloGold Ashanti PLC
For the period ended Mar 26, 2026. Filed Mar 26, 2026.
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Mar 26, 2026 · Filed Mar 26, 2026
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Endnotes
1 The Pre-feasibility Technical Report Summary for Arthur Gold Project is available as an exhibit to the Company’s annual report on Form 20-F, filed with the U.S. Securities Exchange Commission (“SEC”) on 26 March 2026 (“20-F”) and available for review on EDGAR at sec.gov. Estimates are as of December 31, 2025, unless otherwise noted. Economics presented herein are calculated based on the Arthur Gold Project Mineral Reserve only. This press release does not purport to be a complete summary of the TRS and is qualified in its entirety by reference to the TRS as filed with the SEC. This press release should be read in conjunction with the TRS, including the qualifications and limitations described therein, as there may be information in the TRS that may be important
2 A Tier One asset is generally defined by AngloGold Ashanti as a large, long-life, low-cost operation or project, located in a stable and supportive jurisdiction, capable of generating strong free cash flow through commodity cycles and delivering sustained value to shareholders and host countries.
3 Refer to Item 4D. Mineral Resource and Mineral Reserve in the Company’s 20-F, as well as the Company’s 2025 Mineral Resource and Mineral Reserve Report, both of which are available on the Company’s website. Rounding of numbers may result in computational discrepancies in the Mineral Resource and Mineral Reserve tabulations. See Notes on the Mineral Resource and Mineral Reserve Estimates, below.
4 Mineral Resource in this document is reported as exclusive of the Mineral Reserve before dilution and other factors are applied, unless otherwise stated. Measured and Indicated Mineral Resource is reported separately from Inferred Mineral Resource.
5 "All-in sustaining costs” is a Non-GAAP measure which is an extension of the “total cash costs” metric and incorporates all costs related to sustaining production and in particular, recognises sustaining capital expenditures associated with developing and maintaining gold mines. In addition, this metric includes the cost associated with Corporate Office structures that support these operations, the community and environmental rehabilitation costs attendant with responsible mining and any exploration and evaluation cost associated with sustaining current operations. “Total cash costs” is calculated in accordance with the guidelines of the Gold Institute industry standard and industry practice and is a Non-GAAP measure. As calculated and reported by AngloGold Ashanti, “Total cash costs” include costs for all mining, processing, onsite administration costs, royalties and production taxes, as well as contributions from by-products, but exclude amortisation of tangible, intangible and right of use assets, rehabilitation costs and other non-cash costs, retrenchment costs, corporate administration, marketing and related costs, capital costs and exploration costs.
The Company is not providing quantitative reconciliations to the most directly comparable IFRS measures for its Non-GAAP forward-looking information shown herein in reliance on the exception provided by Rule 100(a)(2) of Regulation G because the reconciliations cannot be performed without unreasonable efforts as such IFRS measures cannot be reliably estimated due to their dependence on future uncertainties and adjusting items, including, 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, and supply chain disruptions, any public health crises, pandemics or epidemics, and other business and operational risks and challenges and other factors, including mining accidents, that the Company cannot reasonably predict at this time but which may be material.
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