Sydney, July 14, 2012 AEST (ABN Newswire) - AngloGold Ashanti (NYSE:AU) CEO Mark Cutifani presented the Sydney mining community with some challenging perspectives. From industry and community, through leadership and politics, Mr Cutifani laid out a roadmap for the Australian resource industry to engage in a plan to steer the sector out of the perceived "Resource Curse".
Clearly articulating the community view on miners and mining, with ample statistics on the value mining has for communities and economies in general, he challenged the audience to be both advocates of the mining industry to the community, and educators to leaders and politicians.
Delivering with strong conviction and backed by his experience running the third largest global Gold Miner, Mr Cutifani exposed his passion for making mining successful from the perspectives of business, community and the economy.
View the video here:
Mark Cutifani was appointed to the board of AngloGold Ashanti on 17 September 2007 and as Chief Executive Officer on 1 October 2007. He is chairman of the Executive Committee and a member of the Transformation and Human Resources Development, Safety, Health and Sustainable Development, Risk and Information Integrity and Investment committees. Mark has considerable experience in gold mining, having been associated with the industry since 1976. Prior to joining AngloGold Ashanti, he held the position of chief operating officer at CVRD Inco, a Toronto-based company, where he was responsible for Inco's global nickel business.
About Anglogold Ashanti Limited
AngloGold Ashanti produced 5.5 million ounces of gold in 2007 - an estimated 7% of global production - making it the third largest producer in the world. The bulk of its production came from deep level underground operations (40%) and surface operations (3%) in South Africa. Contributions from other countries were Ghana (10%), Mali (8%), Australia (11%), Brazil (7%), Tanzania (6%), USA (5%), Guinea (5%), Argentina (4%) and Namibia (1%). Today, AngloGold Ashanti has 20 operations located in 10 countries on four continents, together with a substantial project pipeline and a focused, global exploration programme. AngloGold Ashanti currently operates in South Africa, Argentina, Australia, Brazil, Ghana, the Republic of Guinea, Mali, Namibia, Tanzania and the United States.
About Sydney Mining Club
The first Sydney Mining Club forum was held in March 1997.
The initial impetus for the formation of the Sydney club was discontent in the mining community with many aspects of the professional institutes and most of all with their ability to bring people together. Our activism led to the first changes to the constitution of the largest Institute in more than a century.
Sydney Mining Club
Anglogold Ashanti Limited