AngloGold Ashanti Limited (AU) 6-K 7 Aug 20 2020 Q2 Current report (foreign) Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2020
Cover [Abstract]
Document Type	6-K
Entity Registrant Name	AngloGold Ashanti Limited
Amendment Flag	false
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001067428
Current Fiscal Year End Date	--12-31

Group - Income Statement

Group - Income Statement - USD ($) $ in Millions		6 Months Ended		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Profit or loss [abstract]
Revenue from product sales		$ 1,963	$ 1,582	$ 3,525
Cost of sales		(1,290)	(1,264)	(2,626)
Gain (loss) on non-hedge derivatives and other commodity contracts		(15)	5	5
Gross profit		658	323	904
Corporate administration, marketing and other expenses		(36)	(41)	(82)
Exploration and evaluation costs		(56)	(51)	(112)
Impairment, derecognition of assets and profit (loss) on disposal		(1)	(3)	(6)
Other (expenses) income		(28)	(25)	(83)
Operating profit (loss)		537	203	621
Interest income		9	5	14
Foreign exchange gains (losses)		18	(1)	(12)
Finance costs and unwinding of obligations		(86)	(92)	(172)
Share of associates and joint ventures' profit (loss)		119	78	168
Profit (loss) before taxation		597	193	619
Taxation		(208)	(62)	(250)
Profit (loss) for the period from continuing operations		389	131	369
Discontinued operations
Profit (loss) from discontinued operations		39	(15)	(376)
Profit (loss) for the period		428	116	(7)
Equity shareholders
- Continuing operations		382	129	364
- Discontinued operations		39	(15)	(376)
Non-controlling interests
- Continuing operations		$ 7	$ 2	$ 5
Basic profit (loss) per ordinary share (US cents)
Earnings per ordinary share from continuing operations (USD cents per share)	[1]	$ 91,000,000	$ 31,000,000	$ 87,000,000
Earnings (loss) per ordinary share from discontinued operations (USD cents per share)	[1]	9,000,000	(4,000,000)	(90,000,000)
Basic profit (loss) per ordinary share (USD cents per share)	[1]	100,000,000	27,000,000	(3,000,000)
Diluted profit (loss) per ordinary share (US cents)
Earnings per ordinary share from continuing operations (USD cents per share)	[2]	91,000,000	31,000,000	87,000,000
Earnings (loss) per ordinary share from discontinued operations (USD cents per share)	[2]	9,000,000	(4,000,000)	(90,000,000)
Diluted profit (loss) per ordinary share (USD cents per share)	[2]	$ 100,000,000	$ 27,000,000	$ (3,000,000)
[1]	Calculated on the basic weighted average number of ordinary shares.
[2]	Calculated on the diluted weighted average number of ordinary shares.

Group - Statement of Comprehens

Group - Statement of Comprehensive Income - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Condensed Statement of Income Captions [Line Items]
Profit (loss) for the period	$ 428	$ 116	$ (7)
Items that will be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	(62)	9	4
Items that will not be reclassified subsequently to profit or loss:
Net gain (loss) on equity investments	53	(7)	6
Actuarial gain (loss) recognised	0	0	2
Deferred taxation thereon	(7)	2	2
Other comprehensive income that will not be reclassified to profit or loss	46	(5)	10
Other comprehensive income (loss) for the period, net of tax	(16)	4	14
Total comprehensive income (loss) for the period, net of tax	412
Comprehensive income attributable to [abstract]
Comprehensive income, attributable to owners of parent	424	133	378
- Continuing operations	7	2	5
- Discontinued operations
Comprehensive income attributable to [abstract]
Comprehensive income, attributable to owners of parent	(19)	(15)	(376)
Aggregate continuing and discontinued operations
Items that will not be reclassified subsequently to profit or loss:
Total comprehensive income (loss) for the period, net of tax	412	120	7
Comprehensive income attributable to [abstract]
Comprehensive income, attributable to owners of parent	405	118	2
- Continuing operations	$ 7	$ 2	$ 5

Group - Statement of Financial

Group - Statement of Financial Position - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Non-current assets
Tangible assets	$ 2,658	$ 2,592	$ 3,374
Right of use assets	147	158	179
Intangible assets	120	123	121
Investments in associates and joint ventures	1,644	1,581	1,573
Other investments	137	76	136
Inventories	80	93	126
Trade, other receivables and other assets	147	122	119
Deferred taxation	83	105	0
Cash restricted for use	31	31	36
Total Non-current assets	5,047	4,881	5,664
Current assets
Other investments	0	10	7
Inventories	707	632	649
Trade, other receivables and other assets	248	250	228
Cash restricted for use	34	33	17
Cash and cash equivalents	1,292	456	342
Current assets other than non-current assets or disposal groups classified as held for sale	2,281	1,381	1,243
Assets held for sale	546	601	0
Total Current assets	2,827	1,982	1,243
Total assets	7,874	6,863	6,907
EQUITY AND LIABILITIES
Share capital and premium	7,211	7,199	7,192
Accumulated losses and other reserves	(4,199)	(4,559)	(4,444)
Shareholders' equity	3,012	2,640	2,748
Non-controlling interests	36	36	32
Total equity	3,048	2,676	2,780
Non-current liabilities
Borrowings	2,592	1,299	1,324
Lease liabilities	119	126	145
Environmental rehabilitation and other provisions	721	697	872
Provision for pension and post-retirement benefits	79	100	102
Trade, other payables and provisions	6	15	4
Deferred taxation	241	241	293
Total Non-current liabilities	3,758	2,478	2,740
Current liabilities
Borrowings	136	734	731
Lease liabilities	38	45	49
Trade, other payables and provisions	526	586	564
Taxation	105	72	43
Total current liabilities other than liabilities included in disposal groups classified as held for sale	805	1,437	1,387
Liabilities held for sale	263	272
Total Current liabilities	1,068	1,709	1,387
Total liabilities	4,826	4,187	4,127
Total equity and liabilities	$ 7,874	$ 6,863	$ 6,907

Group - Statement of Cash Flows

Group - Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Cash flows from operating activities
Receipts from customers	$ 1,980	$ 1,583	$ 3,535
Payments to suppliers and employees	(1,316)	(1,231)	(2,433)
Cash generated from operations	664	352	1,102
Dividends received from joint ventures	54	33	77
Taxation refund	0	7	7
Taxation paid	(166)	(75)	(228)
Net cash inflow (outflow) from operating activities from continuing operations	552	317	958
Net cash inflow (outflow) from operating activities from discontinued operations	52	26	89
Net cash inflow (outflow) from operating activities	604	343	1,047
Cash flows from investing activities
Capital expenditure	(307)	(264)	(703)
Interest capitalised and paid	(7)		(6)
Proceeds from disposal of tangible assets	0	2	3
Other investments acquired	(4)	0	(9)
Proceeds from disposal of other investments	9	3	3
Investments in associates and joint ventures	0	(2)	(5)
Loans advanced to associates and joint ventures	0	(3)	(3)
Loans repaid by associates and joint ventures	0	6	23
Decrease (increase) in cash restricted for use	(7)	15	0
Interest received	9	5	14
Net cash inflow (outflow) from investing activities from continuing operations	(307)	(238)	(683)
Net cash inflow (outflow) from investing activities from discontinued operations	(17)	(29)	(54)
Cash in subsidiaries sold and transferred to held for sale	2	0	(6)
Net cash inflow (outflow) from investing activities	(322)	(267)	(743)
Cash flows from financing activities
Proceeds from borrowings	1,526	154	168
Repayment of borrowings	(811)	(82)	(123)
Repayment of lease liabilities	(22)	(20)	(42)
Finance costs - borrowings	(67)	(68)	(128)
Finance costs - leases	(4)	(5)	(9)
Other borrowing costs	(18)	0	0
Dividends paid	(44)	(43)	(43)
Net cash inflow (outflow) from financing activities from continuing operations	560	(64)	(177)
Net increase (decrease) in cash and cash equivalents	842	12	127
Effect of exchange rate changes on cash and cash equivalents [abstract]
Translation	(6)	1	0
Cash and cash equivalents at beginning of period	456	329	329
Cash and cash equivalents at end of period	$ 1,292	$ 342	$ 456

Group - Statement of Changes in

Group - Statement of Changes in Equity - USD ($) $ in Millions	Total	Aggregate continuing and discontinued operations	Equity holders of the parent	Equity holders of the parentAggregate continuing and discontinued operations	Share capital and premium	Share capital and premiumAggregate continuing and discontinued operations	Other capital reserves	Other capital reservesAggregate continuing and discontinued operations	(Accumulated losses) Retained earnings	(Accumulated losses) Retained earningsAggregate continuing and discontinued operations	Fair value through OCI	Fair value through OCIAggregate continuing and discontinued operations	Actuarial (losses) gains	Actuarial (losses) gainsAggregate continuing and discontinued operations	Foreign currency translation reserve	Foreign currency translation reserveAggregate continuing and discontinued operations	Non-controlling interests	Non-controlling interestsAggregate continuing and discontinued operations
Equity at beginning of period at Dec. 31, 2018	$ 2,694		$ 2,652		$ 7,171		$ 96		$ (3,227)		$ 37		$ (12)		$ (1,413)		$ 42
Profit (loss) for the period	116		114						114								2
Other comprehensive income (loss)	4		4								(5)				9
Comprehensive income		$ 120		$ 118		$ 0		$ 0		$ 114		$ (5)		$ 0		$ 9		$ 2
Shares issued	21		21		21
Share-based payment for share awards net of exercised	(12)		(12)				(12)
Dividends paid	(27)		(27)						(27)
Dividends of subsidiaries	(16)		0														(16)
Transactions with non-controlling interests	0		(4)				(4)										4
Translation	0		0				2		(2)
Equity at end of period at Jun. 30, 2019	2,780		2,748		7,192		82		(3,142)		32		(12)		(1,404)		32
Equity at beginning of period at Dec. 31, 2018	2,694		2,652		7,171		96		(3,227)		37		(12)		(1,413)		42
Profit (loss) for the period	(7)
Other comprehensive income (loss)	14
Comprehensive income		7
Shares issued	27
Equity at end of period at Dec. 31, 2019	2,676		2,640		7,199		83		(3,268)		45		(10)		(1,409)		36
Profit (loss) for the period	428		421						421								7
Other comprehensive income (loss)	(16)		(16)								46				(62)
Comprehensive income	412	$ 412	405		0		0		421		46		0		(62)		7
Shares issued	12		12		12
Share-based payment for share awards net of exercised	(8)		(8)				(8)
Dividends paid	(38)		(38)						(38)
Dividends of subsidiaries	(6)		0														(6)
Transfer of gain on disposal of equity investments	0		0						4		(4)
Translation	0		1				(10)		10				1				(1)
Equity at end of period at Jun. 30, 2020	$ 3,048		$ 3,012		$ 7,211		$ 65		$ (2,871)		$ 87		$ (9)		$ (1,471)		$ 36

Basis of preparation (Policies)

Basis of preparation (Policies)	6 Months Ended
	Jun. 30, 2020
Common Domain Members [Abstract]
Basis of preparation	The condensed consolidated interim financial statements of AngloGold Ashanti have been prepared in compliance with the framework concepts and the measurement and recognition requirements of IAS 34, IFRS as issued by the International Accounting Standards Board, the South African Institute of Chartered Accountants Financial Reporting Guides as issued by the Accounting Practices Committee, Financial Reporting Pronouncements as issued by the Financial Reporting Standards Council, JSE Listings Requirements and in the manner required by the South African Companies Act, No. 71 of 2008 (as amended) for the preparation of financial information of the group for the six months ended 30 June 2020. These financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto as at and for the year ended 31 December 2019. Based on materiality, certain comparatives have been aggregated. All notes are from continuing operations unless otherwise stated.

Segmental reporting

Segmental reporting	6 Months Ended
	Jun. 30, 2020
Disclosure of entity's operating segments [Abstract]
Segmental reporting	Segmental reporting AngloGold Ashanti’s operating segments are being reported based on the financial information provided to the Chief Executive Officer and the Executive Committee, collectively identified as the Chief Operating Decision Maker (CODM). Individual members of the Executive Committee are responsible for geographic regions of the business. Gold income Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 1,265 971 2,203 Australia 437 415 851 Americas 518 455 1,000 2,220 1,841 4,054 Equity-accounted investments included above (303) (296) (615) Continuing operations 1,917 1,545 3,439 Discontinued operations - South Africa 234 244 554 2,151 1,789 3,993 By-product revenue Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 2 1 3 Australia 1 1 3 Americas 44 35 81 47 37 87 Equity-accounted investments included above (1) — (1) Continuing operations 46 37 86 Discontinued operations - South Africa — — 1 46 37 87 Cost of sales Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 745 783 1,601 Australia 331 319 632 Americas 387 385 822 Corporate and other (9) (3) (1) 1,454 1,484 3,054 Equity-accounted investments included above (164) (220) (428) Continuing operations 1,290 1,264 2,626 Discontinued operations - South Africa 174 232 479 1,464 1,496 3,105 Gross profit (loss) Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 522 189 605 Australia 107 97 221 Americas 168 110 265 Corporate and other 1 4 1 798 400 1,092 Equity-accounted investments included above (140) (77) (188) Continuing operations 658 323 904 Discontinued operations - South Africa 19 14 79 677 337 983 Amortisation Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 186 172 367 Australia 70 86 173 Americas 71 80 177 Corporate and other 1 1 3 328 339 720 Equity-accounted investments included above (51) (73) (137) Continuing operations 277 266 583 Discontinued operations - South Africa — 30 61 277 296 644 Capital expenditure Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 189 150 410 Australia 58 58 149 Americas 99 81 195 Continuing operations 346 289 754 Discontinued operations - South Africa 20 29 60 366 318 814 Equity-accounted investments included above (39) (25) (51) 327 293 763 Total assets As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited South Africa 622 1,102 697 Continental Africa 3,793 3,283 3,514 Australia 945 956 972 Americas 1,558 1,309 1,427 Corporate and other 956 257 253 7,874 6,907 6,863

Basis of preparation

Basis of preparation	6 Months Ended
	Jun. 30, 2020
Disclosure of interim financial reporting [Abstract]
Basis of preparation	Basis of preparation The financial statements in this report have been prepared in accordance with the historic cost convention except for certain financial instruments which are stated at fair value. AngloGold Ashanti's normal reporting periods remain unchanged. The group prepares interim financial statements for the six months ended 30 June and annual financial statements for the year ended 31 December. The group’s accounting policies used in the preparation of these financial statements are consistent with those used in the annual financial statements for the year ended 31 December 2019, except for the adoption of new or amended standards applicable from 1 January 2020, which had no material impact on the financial statements of the group. The condensed consolidated interim financial statements of AngloGold Ashanti have been prepared in compliance with the framework concepts and the measurement and recognition requirements of IAS 34, IFRS as issued by the International Accounting Standards Board, the South African Institute of Chartered Accountants Financial Reporting Guides as issued by the Accounting Practices Committee, Financial Reporting Pronouncements as issued by the Financial Reporting Standards Council, JSE Listings Requirements and in the manner required by the South African Companies Act, No. 71 of 2008 (as amended) for the preparation of financial information of the group for the six months ended 30 June 2020. These financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto as at and for the year ended 31 December 2019. Based on materiality, certain comparatives have been aggregated. All notes are from continuing operations unless otherwise stated.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2020
Disclosure of revenue [Abstract]
Revenue	Revenue Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Gold income 1,917 1,545 3,439 By-products 46 37 86 Revenue from product sales 1,963 1,582 3,525

Cost of sales

Cost of sales	6 Months Ended
	Jun. 30, 2020
Cost of Sales [Abstract]
Cost of sales	Cost of sales Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Cash operating costs 858 884 1,831 Royalties 82 59 137 Other cash costs 6 5 13 Total cash costs 946 948 1,981 Retrenchment costs 1 2 4 Rehabilitation and other non-cash costs 29 23 53 Amortisation of tangible assets 254 243 538 Amortisation of right of use assets 22 21 42 Amortisation of intangible assets 1 2 3 Inventory change 37 25 5 1,290 1,264 2,626

Other expenses (income)

Other expenses (income)	6 Months Ended
	Jun. 30, 2020
Disclosure of other operating income (expense) [Abstract]
Other expenses (income)	Other expenses (income) (1) Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Care and maintenance — 21 47 Government fiscal claims, cost of old tailings operations and other expenses 10 5 21 Guinea public infrastructure contribution — — 8 Pension and medical defined benefit provisions 3 4 9 Royalties received (1) (1) (3) Brazilian power utility legal settlement — (16) (16) Retrenchment and related costs — 2 3 Legal fees and project costs 3 6 11 Refund from insurance claim (5) — — Other indirect taxes 18 4 3 28 25 83 (1) Change in presentation of disclosure from 30 June 2019, refer to note 16.

Finance costs and unwinding of

Finance costs and unwinding of obligations	6 Months Ended
	Jun. 30, 2020
Disclosure of finance costs and unwinding of obligations [Abstract]
Finance costs and unwinding of obligations	Finance costs and unwinding of obligations Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Finance costs - borrowings 65 69 133 Finance costs - leases 4 5 10 Unwinding of obligations 17 18 29 86 92 172 The interest included within finance costs is calculated at effective interest rates.

Share of associates and joint v

Share of associates and joint ventures' profit (loss)	6 Months Ended
	Jun. 30, 2020
Disclosure of share of associates and joint ventures’ profit (loss) [Abstract]
Share of associates and joint ventures' profit (loss)	Share of associates and joint ventures' profit (loss) Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Revenue 319 297 616 Operating costs and other expenses (174) (227) (452) Net interest received (paid) 6 5 10 Profit (loss) before taxation 151 75 174 Taxation (32) (13) (35) Profit (loss) after taxation 119 62 139 Net impairment reversal of investments in associates — 10 23 Net impairment reversal of investments in joint ventures — 6 6 119 78 168

Taxation

Taxation	6 Months Ended
	Jun. 30, 2020
Disclosure of income tax [Abstract]
Taxation	Taxation Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited South African taxation Normal taxation 1 — — Deferred taxation Other temporary differences (13) (15) (18) Change in estimated deferred tax rate — — (14) (12) (15) (32) Foreign taxation Normal taxation 225 90 299 Prior year under (over) provision 1 (4) (1) Deferred taxation Temporary differences (4) (13) (28) Prior year under (over) provision — 4 1 Change in estimate (2) — 9 Change in statutory tax rate — — 2 220 77 282 208 62 250 Income tax uncertainties AngloGold Ashanti operates in numerous countries around the world and accordingly is subject to, and pays annual income taxes under, the various income tax regimes in the countries in which it operates. Some of these tax regimes are defined by contractual agreements with local government and others are defined by the general corporate income tax laws of the country. The group has historically filed, and continues to file, all required income tax returns and to pay the taxes reasonably determined to be due. In some jurisdictions, tax authorities are yet to complete their assessments for previous years. The tax rules and regulations in many countries are highly complex and subject to interpretation. From time to time, the group is subject to a review of its historic income tax filings and in connection with such reviews, disputes can arise with the tax authorities over the interpretation or application of certain rules in respect of the group’s business conducted within the country involved. Significant judgement is required in determining the worldwide provisions for income taxes due to the complexity of legislation. There are many transactions and calculations for which the ultimate tax determination is uncertain during the ordinary course of business. Irrespective of whether potential economic outflows of matters have been assessed as probable or possible, individually significant matters are included below to the extent that disclosure does not prejudice the group. Argentina - Cerro Vanguardia SA The Argentina Tax Authority has challenged the deduction of certain hedge losses, with tax and penalties amounting to $9m (2019: $10m). Management has appealed this matter which has been heard by the Tax Court, with final evidence submitted in 2017. The matter is pending and judgement is expected in the next 24 months. Management is of the opinion that the hedge losses were claimed correctly and no provision has therefore been made. Brazil - AGA Mineração and Serra Grande The Brazil Tax Authority has challenged various aspects of the Companies’ tax returns for periods from 2003 to 2016 which individually and in aggregate are not considered to be material. Based on engagement with the Brazil Tax Authority, certain amounts have been allowed and assessments reduced, whilst objections have been lodged against the remainder of the findings. In December 2019, Serra Grande received a tax assessment of $18.9m (2019: $25.3m) relating to the amortisation of goodwill on the acquisition of mining interests, which is permitted as a tax deduction when the acquirer is a domiciled entity. Management is of the opinion that the Brazil Tax Authority is unlikely to succeed in this matter. This is supported by external legal advice and therefore no provision has been made. Colombia - La Colosa and Gramalote The tax treatment of exploration expenditure has been investigated by the Colombian Tax Authority which resulted in claims for taxes and penalties of $78m (1) (2019: $88m) pertaining to the 2010 to 2014 tax years. These assessments were appealed in 2016 (in the case of La Colosa) and resulted in an adverse judgement on 22 October 2018, in the Administrative Court of Cundinamarca. An appeal was lodged and all arguments submitted to the Council of State on 21 August 2018, with an expected judgement in the next 12 to 18 months. The deduction of exploration costs is prohibited from 2017 onwards following a change in legislation. Subsequent to this date, exploration costs have been treated in accordance with the amended legislation. In July 2019, the Supreme Administrative Court issued a ruling that duplicate penalties may not be charged. The impact of the ruling is that certain penalties will be waived, which reduces the overall exposure by $70m (2019: $76m). The matter is pending and may take two to four years to be resolved. Management is of the opinion that the Colombian Tax Authority is unlikely to succeed in this matter and therefore no provision is made. (1) Includes reduction of overall exposure by $70m (2019: $76m) as described above. Guinea - Siguiri The Guinea Tax Authority has challenged various aspects of the Companies’ tax returns for periods of 2010, and 2014 to 2016 totalling $12m (attributable) (2019: $12m (attributable)). Management has objected to these assessments, but has provided for a portion of the total claims amounting to $2m (attributable) (2019: $2m (attributable). Mali - Sadiola, Yatela, Morila The Mali Tax Authority has challenged various aspects of the Companies’ tax returns for periods of 2012 to 2018 totalling $11m (attributable.) (2019: $26m (attributable)). This includes an assessment of $10m (attributable) (2019: $10m (attributable)) received in late December 2019, in respect of Sadiola. Management has objected to these assessments and is of the opinion that the Mali Tax Authority is unlikely to succeed in this matter and therefore no provision has been made. During the first half of 2020, a tax settlement for Morila was entered into between Barrick Gold Corporation (as operator of Morila, holding a 40% interest) and the Mali Government, settling all outstanding income tax issues in respect of Morila. Tanzania - Geita The Tanzania Revenue Authority has raised audit findings on various tax matters for years from 2009 to 2018 amounting to $218m (2019: $164m), including an adjusted tax assessment relating to the years from 2015 to 2017 of $59m received in June 2020. The Tanzania Revenue Authority has issued Agency Notices on various local bank accounts of the Company in Tanzania, enforcing payments from those bank accounts, amounting to $8m, despite the matters being on appeal. In order to continue operating its bank accounts and to not impact operations, Geita paid an additional $16m under protest. Management has objected and appealed through various levels of the legislative processes. Management is of the opinion that the claims of the Tanzania Revenue Authority is unlikely to succeed. In addition, it should be noted that amendments passed to Tanzanian legislation in 2017 amended the 2010 Mining Act and new Finance Act. Effective from 1 July 2017, the gold mining royalty rate increased to 6% (from 4%) and further a 1% clearing fee on the value of all minerals exported was imposed. The group has been paying the higher royalty and clearing fees since this date, under protest, and is of the view that this is in contravention of its Mining Development Agreement. Tax impacts of COVID-19 As a result of the COVID-19 pandemic, governments have responded with various stimulus packages, to provide relief to companies and individuals, to ensure business and employment continuity. This has been achieved through various tax and employment concessions, over varying periods, mostly commencing in April 2020. In South Africa, various taxes have been delayed, such as carbon tax, where the first payment has been postponed to October 2020 and employers in South Africa may now defer up to 35% of the employees' tax deduction, for a period of 6 months in the case where turnover does not exceed R100m p.a. In addition, donations made to the COVID-19 Solidarity Response Fund will qualify as a tax deduction of 20% of taxable income and a tax holiday of the skills development levy was introduced. In North America, the US Government passed the Coronavirus Aid, Relief and Economic Security (CARES) Act on 27 March 2020. The bill provides various tax relief and incentives such as accelerated access to tax attributes created under the Tax Cuts and Jobs Act of 2017 (TCJA). Other tax jurisdictions have provided tax relief in various forms to companies which will impact on tax planning and tax payments in the light of the uncertainty created by the pandemic.

Discontinued operations and ass

Discontinued operations and assets and liabilities held for sale	6 Months Ended
	Jun. 30, 2020
Non-Current Assets Held For Sale And Discontinued Operations [Abstract]
Discontinued operations and assets and liabilities held for sale	Discontinued operations and assets and liabilities held for sale South African asset sale On 12 February 2020, AngloGold Ashanti announced that it has reached an agreement to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited. Consideration for the transaction is in cash and deferred payments with expected proceeds of around $300m subject to subsequent performance, and with additional proceeds if the West Wits assets are developed below current infrastructure. The transaction includes the following assets and liabilities: • The Mponeng mine and its associated assets and liabilities; • The Tau Tona and Savuka mines and associated rock-dump and tailings storage facility reclamation sites, mine rehabilitation and closure activities located in the West Wits region and their associated assets and liabilities; • First Uranium (Pty) Limited which owns Mine Waste Solutions (Pty) Limited and Chemwes (Pty) Limited as well as associated tailings assets and liabilities; • Covalent Water Company (Pty) Limited, AngloGold Security Services (Pty) Limited and Masakhisane Investments (Pty) Limited; and • Certain rock-dump reclamation, mine rehabilitation and closure activities located in the Vaal River region and their associated assets and liabilities. The consideration comprises three elements: • US$200m in cash payable at closing; and • Two components of deferred consideration, payable as follows: 1. US$260 per ounce payable on all underground production sourced within the West Wits mineral rights (comprising the Mponeng, Savuka and Tau Tona mines) in excess of 250,000 ounces per annum for 6 years commencing 1 January 2021; and 2. US$20 per ounce payable on underground production sourced within the West Wits mineral rights (comprising the Mponeng, Savuka and Tau Tona mines) below the datum of current infrastructure. The agreement provides for terms customary in agreements of this nature and is subject to customary conditions precedent. Key conditions precedent include: • Approval from the South African Competition Authorities in terms of the South African Competition Act, No. 89 of 1998; and • Section 11 approval from the Minister of Mineral Resources and Energy in terms of the MPRDA in relation to West Wits Mineral Right. Certain conditions precedent have already been fulfilled, including the South African Competition Tribunal approving the transaction, without conditions, on 29 April 2020, based on the recommendation of the South African Competition Commission. AngloGold Ashanti and Harmony have committed to engage with the relevant authorities and other stakeholders in order to ensure the remaining conditions precedent are fulfilled as soon as possible. The announced transaction on 12 February 2020 resulted in an expected consideration of around $300m which forms the basis for the fair value less costs to sell value of the South Africa disposal group. The non-recurring fair value measurement for the South Africa disposal group is included in level 3 of the fair value hierarchy. The fair value is based on unobservable market offers from potential buyers for the South Africa disposal group. The held for sale assets and liabilities related to the transaction are reported in the South Africa segment. The South African asset sale is treated as a discontinued operation. In terms of the transaction the silicosis obligation of $50m and the post-retirement medical obligation of $73m relating to South African employees are retained by AngloGold Ashanti. Sale interest in the Sadiola Mine On 23 December 2019, AngloGold Ashanti announced that it together with its joint venture partner, IAMGOLD Corporation (IAMGOLD), had agreed to sell their interests in Société d’Exploitation des Mines d’Or de Sadiola S.A. (Sadiola) to Allied Gold Corp (Allied Gold). Sadiola's principal asset is the Sadiola Mine located in the Kayes region of Western Mali. AngloGold Ashanti and IAMGOLD each hold a 41% interest in Sadiola with the remaining 18% interest held by the Government of Mali. In terms of the agreement, AngloGold Ashanti and IAMGOLD will sell their collective interests in Sadiola to Allied Gold for a cash consideration of US$105m, payable as follows: • US$50m (US$25m each to AngloGold Ashanti and IAMGOLD) upon the fulfillment or waiver of all conditions precedent and closing of the transaction; • Up to a further US$5m (US$2.5m each to AngloGold Ashanti and IAMGOLD), payable 8 days after closing, to the extent that the cash balance of Sadiola at closing is greater than an agreed amount; • US$25m (US$12.5m each to AngloGold Ashanti and IAMGOLD) upon the production of the first 250,000 ounces from the Sadiola Sulphides Project (SSP); and • US$25m (US$12.5m each to AngloGold Ashanti and IAMGOLD) upon the production of a further 250,000 ounces from the SSP. The transaction is subject to the fulfillment, or waiver, of a number of conditions precedent, including the receipt of certain approvals and releases from the Government of Mali. AngloGold Ashanti received approval from the South African Reserve Bank in early 2020. It is anticipated that all conditions precedent will be fulfilled or waived by the end of 2020. This transaction offer represents the most significant unobservable input in determining the non-recurring fair value measurement of the Sadiola investment; accordingly, the fair value is included in level 3 of the fair value hierarchy. The carrying value of the Sadiola held for sale asset of $20m (which is lower than fair value less costs to sell) is included in the Continental Africa segment; it was previously disclosed as an investment in joint venture on the Statement of Financial Position. Discontinued operations The results of the South Africa disposal group for the six months ended 30 June 2020 are presented below: Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Revenue from product sales 234 244 555 Cost of sales (174) (232) (479) Gain (loss) on non-hedge derivatives and other commodity contracts (41) 2 3 Gross profit 19 14 79 Other expenses (14) (19) (44) Derecognition of assets, impairments and profit (loss) on disposal of assets 2 (7) (3) Impairment reversal (loss) recognised on remeasurement to fair value less costs to sell 17 — (549) Profit (loss) before taxation 24 (12) (517) Normal and deferred taxation on operations 4 (4) (23) Deferred taxation on impairment (reversal) loss, derecognition and profit on disposal of assets — 2 164 Deferred taxation on unrealised movement on derivatives and other commodity contracts 11 (1) — Total profit (loss) from discontinued operations 39 (15) (376) The major classes of assets and liabilities of the South African disposal group as at 30 June 2020, are as follows: As at As at Jun Dec 2020 2019 US Dollar million Unaudited Audited Tangible assets and right of use assets 378 429 Other investments 69 84 Inventories 31 37 Trade, other receivables and other assets 3 4 Deferred taxation 40 15 Cash and cash restricted for use 5 12 Assets held for sale 526 581 Lease liabilities 2 3 Environmental rehabilitation and other provisions 196 211 Trade and other payables 65 58 Liabilities held for sale 263 272 Net assets held for sale 263 309 Total assets held for sale include: Sadiola 20 20 South Africa 526 581 546 601 The discontinued operations' net cash flows are reflected in the Statement of Cash Flows. Impairment reversal of South African assets

Headline earnings

Headline earnings	6 Months Ended
	Jun. 30, 2020
Disclosure of earnings per share [Notes] [Abstract]
Headline earnings	Headline earnings Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited The profit (loss) attributable to equity shareholders has been adjusted by the following to arrive at headline earnings (loss): Profit (loss) attributable to equity shareholders 421 114 (12) Net impairment (impairment reversal) on held for sale assets (17) — 549 Net impairment (impairment reversal) on investments — (2) — Derecognition of assets — 9 10 Net loss (profit) on disposal of assets — 1 (3) Taxation — (2) (165) Headline earnings (loss) 404 120 379 Headline earnings (loss) per ordinary share (US cents) (1) 97 29 91 Diluted headline earnings (loss) per ordinary share (US cents) (2) 97 29 91 (1) Calculated on the basic weighted average number of ordinary shares. (2) Calculated on the diluted weighted average number of ordinary shares. Number of shares Ordinary shares 415,999,026 413,711,485 414,407,622 Fully vested options 2,173,297 3,007,509 3,942,155 Weighted average number of shares 418,172,323 416,718,994 418,349,777 Dilutive potential of share options 176,988 355,659 — Dilutive number of ordinary shares 418,349,311 417,074,653 418,349,777

Share capital and premium

Share capital and premium	6 Months Ended
	Jun. 30, 2020
Share Capital, Reserves And Other Equity Interest [Abstract]
Share capital and premium	Share capital and premium As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Share capital Authorised: 600,000,000 ordinary shares of 25 SA cents each 23 23 23 2,000,000 A redeemable preference shares of 50 SA cents each — — — 5,000,000 B redeemable preference shares of 1 SA cents each — — — 30,000,000 C redeemable preference shares at no par value — — — 23 23 23 Issued and fully paid: 416,603,645 (June 2019: 414,656,454; December 2019: 415,301,215) ordinary shares in issue of 25 SA cents each 17 16 17 2,000,000 A redeemable preference shares of 50 SA cents each — — — 778,896 B redeemable preference shares of 1 SA cent each — — — 17 16 17 Treasury shares held within the group 2,778,896 A and B redeemable preference shares — — — 17 16 17 Share premium Balance at beginning of period 7,235 7,208 7,208 Ordinary shares issued 12 21 27 7,247 7,229 7,235 Less: held within the group Redeemable preference shares (53) (53) (53) Balance at end of period 7,194 7,176 7,182 Share capital and premium 7,211 7,192 7,199

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2020
Disclosure of borrowing costs [Abstract]
Borrowings	Borrowings AngloGold Ashanti’s borrowings are interest bearing. As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Change in liabilities arising from financing activities: Reconciliation of borrowings (excluding lease liabilities (1) ) A reconciliation of the borrowings included in the statement of financial position is set out in the following table: Opening balance 2,033 2,050 2,050 Proceeds from borrowings 1,526 154 168 Repayment of borrowings (811) (82) (123) Finance costs paid on borrowings (69) (61) (122) Interest charged to the income statement 62 62 127 Deferred loan fees — (9) (7) Reclassification of finance leases to lease liabilities — (60) (60) Translation (13) 1 — Closing balance 2,728 2,055 2,033 Reconciliation of finance costs paid (excluding lease finance costs) A reconciliation of the finance costs paid included in the statement of cash flows is set out in the following table: Finance costs paid on borrowings 69 61 122 Capitalised finance cost (7) — (6) Commitment fees, environmental guarantees fees and other 5 7 12 Total finance costs paid 67 68 128 (1) Changes in lease liabilities arising from financing activities include a decrease in lease liabilities due to translation of amounts in US Dollars of $7m (2019: $2m).

Cash generated from operations

Cash generated from operations	6 Months Ended
	Jun. 30, 2020
Statement of cash flows [abstract]
Cash generated from operations	Cash generated from operations (1) Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Profit (loss) before taxation 597 193 619 Adjusted for: Movement on non-hedge derivatives and other commodity contracts 10 (5) (6) Amortisation of tangible and right of use assets 276 264 580 Amortisation of intangible assets 1 2 3 Finance costs and unwinding of obligations 86 92 172 Environmental, rehabilitation and other expenditure (20) (8) (6) Impairment, derecognition of assets and (profit) loss on disposal — 2 3 Other expenses (income) 32 13 41 Interest income (9) (5) (14) Share of associates and joint ventures' (profit) loss (119) (78) (168) Other non-cash movements 2 30 43 Movements in working capital (192) (148) (165) 664 352 1,102 Movements in working capital: (Increase) decrease in inventories (71) (24) (67) (Increase) decrease in trade and other receivables (75) (88) (138) Increase (decrease) in trade, other payables and provisions (46) (36) 40 (192) (148) (165) (1) Change in presentation of disclosure from 30 June 2019, refer to note 16.

Financial risk management activ

Financial risk management activities	6 Months Ended
	Jun. 30, 2020
Disclosure of detailed information about financial instruments [abstract]
Financial risk management activities	Financial risk management activities Fair Value hierarchy The group uses the following hierarchy for determining and disclosing the fair value of financial instruments: Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2: inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly (as prices) or indirectly (derived from prices); and Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs). The following methods and assumptions were used to estimate the fair value of each class of financial instrument: Cash restricted for use, cash and cash equivalents, trade, other receivables and other assets and trade and other payables The carrying amounts approximate fair value due to their short-term nature. Investments and other non-current assets Listed equity investments classified as FVTOCI and FVTPL are carried at fair value in level 1 of the fair value hierarchy while fixed income investments and other non-current assets are carried at amortised cost Borrowings The rated bonds are carried at amortised cost and their fair values are their closing market values at the reporting date which results in the difference noted in the table below. The interest rate on the remaining borrowings is reset on a short-term floating rate basis and accordingly the carrying amount is considered to approximate the fair value. As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Carrying amount 2,728 2,055 2,033 Fair value 2,826 2,149 2,135 Other financial assets and financial liabilities The following tables set out the group’s financial assets and liabilities measured at fair value by level within the fair value hierarchy: Types of instruments: Securities Jun 2020 Jun 2019 Dec 2019 Unaudited Unaudited Audited US Dollar million Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets measured at fair value: Other equity securities FVTPL (1) 15 4 19 20 20 21 21 Other equity securities FVOCI 132 132 62 62 82 82 Financial liabilities measured at fair value: Gold and oil derivative contracts 10 10 (1) Included in equity securities - FVTPL are amounts transferred to held for sale Level 2 Financial assets The fair value measurements of the PureGold warrants have been categorised as Level 2 fair values based on observable market data other than quoted market prices. The warrants have been valued using the Black-Scholes Model which takes into account the following inputs: • Volatility of the underlying asset (i.e. the PureGold shares); • Strike price of the warrants; • Canadian risk free interest rate; and • Time to expiration. The remaining warrants have an expiration date of 18 July 2022. Level 2 Financial liabilities The fair values of the gold and oil derivative contracts are determined by using the applicable valuation models for each instrument type with the key inputs being forward prices, the number of outstanding ounces or barrels on open contracts and volatilities. Gold In January 2020, AngloGold Ashanti entered into Asian style zero-cost collars for a total of 130,900 ounces of Argentina’s annual gold production for the period February 2020 to December 2020. The strike prices are $1,500 per ounce on the floor and an average price of $1,701.34 per ounce on the cap. At 30 June 2020, the marked to market value of the derivative was an unrealised loss of $7m and a realised loss of $1m. Oil In February 2020, AngloGold Ashanti entered into Asian style zero-cost collars for a total of approximately 342,000 barrels of Brent crude oil for the period February 2020 to December 2020. The average strike prices are $45 per barrel on the floor and an average price of $65 per barrel on the cap. In February 2020, AngloGold Ashanti entered into Asian style zero-cost collars for a total of approximately 622,000 barrels of Brent crude oil for the period March 2020 to December 2020. The average strike prices are $44.50 per barrel on the floor and an average price of $65 per barrel on the cap. At 30 June 2020, the marked to market value of the derivative was an unrealised loss of $3m and a realised loss of $4m. Environmental obligations Pursuant to environmental regulations in the countries in which we operate, in connection with planning for end-of-life of our mines, we are obligated to rehabilitate the lands where such mines are located. In most cases, AngloGold Ashanti is required to provide financial guarantees for such work, including reclamation bonds or letters of credit issued by third party entities, independent trust funds or cash reserves maintained by the operation, to the respective environmental protection agency, or such other government department with responsibility for environmental oversight in the respective country, to cover the estimated environmental rehabilitation obligations. In most cases, the environmental obligations will expire on completion of the rehabilitation although, in some cases, we may be required to post bonds for potential events or conditions that could arise after the rehabilitation has been completed. In South Africa (excluding MWS), we have established a trust fund which has assets of ZAR 1.168bn and guarantees of ZAR 0.549bn issued by various banks, for a current carrying value of the liability of ZAR 0.873bn. In Australia, since 2014, we have paid into a Mine Rehabilitation Fund an amount of AUD $6.8m for a current carrying value of the liability of AUD $144.3m. At Iduapriem, we have provided a bond comprising of a cash component of $10.2m with a further bond guarantee amounting to $36.4m issued by Ecobank Ghana Limited, United Bank for Africa (Ghana) Ltd and Barclays Bank (Ghana) Limited for a current carrying value of the liability of $51.5m. At Obuasi, we have provided a bond comprising of a cash component of $20.96m with a further bank guarantee amounting to $30.0m issued equally by ABSA Bank Ghana Limited and United Bank for Africa Ghana Limited (UBA) for a current carrying value of the liability of $197.6m. In some

Capital commitments

Capital commitments	6 Months Ended
	Jun. 30, 2020
Capital commitments [abstract]
Capital commitments	Capital commitments As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Orders placed and outstanding on capital contracts at the prevailing rate of exchange (1) 138 223 161 (1) Includes the group's attributable share of capital commitments relating to associates and joint ventures and $7m (Jun 2019: $8m, Dec 2019: $7m) relating to discontinued operations. Liquidity and capital resources To service the above capital commitments and other operational requirements, the group is dependent on existing cash resources, cash generated from operations and borrowing facilities. Cash generated from operations is subject to operational, market and other risks. Distributions from operations may be subject to foreign investment, exchange control laws and regulations and the quantity of foreign exchange available in offshore countries. In addition, distributions from joint ventures are subject to the relevant board approval. The credit facilities and other finance arrangements contain financial covenants and other similar undertakings. To the extent that external borrowings are required, the group’s covenant performance indicates that existing financing facilities will be available to meet the above commitments. The financing facilities which mature in the near future are disclosed in current liabilities. The group believes that sufficient measures are in place to ensure that these facilities can be refinanced.

Contractual commitments and con

Contractual commitments and contingencies	6 Months Ended
	Jun. 30, 2020
Disclosure of other provisions, contingent liabilities and contingent assets [Abstract]
Contractual commitments and contingencies	Contractual commitments and contingencies AngloGold Ashanti's material contingent liabilities and assets at 30 June 2020 and 31 December 2019 are detailed below: Contingencies and guarantees Jun 2020 Dec 2019 US Dollar million Unaudited Audited Contingent liabilities Litigation – Ghana (1) (2) 97 97 Litigation - North America (3) — — Groundwater pollution (4) — — Deep groundwater pollution – Africa (5) — — 97 97 Litigation claims (1) Litigation - On 11 October 2011, AngloGold Ashanti (Ghana) Limited (AGAG) terminated Mining and Building Contractors Limited’s (MBC) underground development agreement, construction on bulkheads agreement and diamond drilling agreement at Obuasi mine. The parties reached agreement on the terms of the separation and concluded a separation agreement on 8 November 2012. On 20 February 2014, AGAG was served with a demand issued by MBC claiming a total of $97m. In December 2015, the proceedings were stayed in the High Court pending arbitration. In February 2016, MBC submitted the matter to arbitration. The arbitration panel was constituted and on 26 July 2019 held an arbitration management meeting to address initial procedural matters. On 1 May 2020, the Ghana Arbitration Centre notified the parties that the Tribunal has granted the Claimant’s request to adjourn the proceedings indefinitely to enable the parties to explore possible settlement. (2) Litigation - AGAG received a summons on 2 April 2013 from Abdul Waliyu and 152 others in which the plaintiffs allege that they were or are residents of the Obuasi municipality or its suburbs and that their health has been adversely affected by emission and/or other environmental impacts arising in connection with the current and/or historical operations of the Pompora Treatment Plant (PTP), which was decommissioned in 2000. The plaintiffs’ alleged injuries include respiratory infections, skin diseases and certain cancers. The plaintiffs subsequently did not timely file their application for directions. On 24 February 2014, executive members of the PTP (AGAG) Smoke Effect Association (PASEA), sued AGAG by themselves and on behalf of their members (undisclosed number) on grounds similar to those discussed above, as well as economic hardships as a result of constant failure of their crops. This matter has been adjourned indefinitely. In view of the limitation of current information for the accurate estimation of a liability, no reliable estimate can be made for AGAG’s obligation in either matter. (3) Litigation - On 19 October 2017, Newmont Corp. (formerly Newmont Mining Corp.) filed a lawsuit in the United States District Court for the Southern District of New York against AngloGold Ashanti and certain related parties, alleging that AngloGold Ashanti and such parties did not provide Newmont Corp with certain information material to its purchase of the Cripple Creek & Victor Gold Mining Company in 2015 during the negotiation- and-sale process. During November 2019, the AngloGold Ashanti defendants filed two motions for summary judgement with the Court, requesting the dismissal of all causes of actions against all defendants. On 18 March 2020, AngloGold Ashanti’s motions for summary judgement were granted and the case was dismissed. Newmont Corp. did not appeal the judgement and the matter is now closed. Tax claims For a discussion on tax claims and tax uncertainties refer to note 7. Other (4) Groundwater pollution - AngloGold Ashanti has identified groundwater contamination plumes at certain of its operations, which have occurred primarily as a result of seepage from mine residue stockpiles. Numerous scientific, technical and legal studies have been undertaken to assist in determining the magnitude of the contamination and to find sustainable remediation solutions. The group has instituted processes to reduce future potential seepage and it has been demonstrated that Monitored Natural Attenuation (MNA) by the existing environment will contribute to improvements in some instances. Furthermore, literature reviews, field trials and base line modelling techniques suggest, but have not yet proven, that the use of phyto-technologies can address the soil and groundwater contamination. Subject to the completion of trials and the technology being a proven remediation technique, no reliable estimate can be made for the obligation. (5) Deep groundwater pollution - The group has identified potential water ingress and future pollution risk posed by deep groundwater in certain underground mines in Africa. Various studies have been undertaken by AngloGold Ashanti since 1999 to understand this potential risk. In South Africa, due to the interconnected nature of mining operations, any proposed solution needs to be a combined one supported by all the mines located in these gold fields. As a result, the South African Mineral and Petroleum Resources Development Act, No. 28 of 2002, as amended (MPRDA) requires that the affected mining companies develop a Regional Mine Closure Strategy to be approved by the Department of Mineral Resources and Energy. In view of the limitation of current information for the accurate estimation of a liability, no reliable estimate can be made for the obligation.

Change in presentation of "Spec

Change in presentation of "Special Items" disclosure from prior periods	6 Months Ended
	Jun. 30, 2020
Disclosure of reclassifications or changes in presentation [abstract]
Change in presentation of "Special Items" disclosure from prior periods	Change in presentation of "Special Items" disclosure from prior periods Effective 1 July 2019, the group changed the disclosure of “Special Items” in the income statement. In prior periods, the group disclosed items that due to their size and/or nature, required separate disclosure on the face of the income statement as Special Items. In addition, a disclosure category - “Other operating expenses” was reported to disclose expenses which were not included in gross profit. Going forward these two categories of expenses and income will be disclosed as: • Other (expenses) income; and • Separate line item(s) on the face of the income statement depending on materiality. This new presentation provides more useful information by reporting material items separately. The change in presentation has no impact on the reported totals, headline earnings per share or on amounts presented in the Statement of Financial Position. As a result of the change, reclassifications in the Income Statement are as follows: Income Statement extract (1) Six months Six months ended ended Jun Jun 2019 2019 US Dollar Million Previously reported Restated Gross profit (loss) 337 337 Corporate administration, marketing and other expenses (40) (40) Exploration and evaluation costs (51) (51) Impairment, derecognition of assets and profit (loss) on disposal n/a (10) Other (expenses) income (49) (45) Special items (6) n/a Operating profit 191 191 (1) Represents reclassifications prior to the disclosure of discontinued operations.

COVID-19 pandemic

COVID-19 pandemic	6 Months Ended
	Jun. 30, 2020
COVID-19 pandemic [Abstract]
COVID-19 pandemic	COVID-19 pandemic AngloGold Ashanti recognises that all our stakeholders have a direct and material interest in the way in which we, as a business, prepare for and respond to COVID-19 at our operations, in our communities and in the regions and countries in which we operate. We are guided by our values and a pledge to protect the health of our employees and host communities, while working to ensure business continuity. AngloGold Ashanti has worked alongside authorities and key stakeholders in each operating country to assist public health efforts and to help slow the spread of the virus. Measures have been taken to help protect the well-being of our employees and communities. During the first six months of 2020, temporary suspensions were in place during the months of March and April at Serra Grande in Brazil, at Cerro Vanguardia (CVSA) in Argentina and at our South African operations, in line with local lockdown regulations. Serra Grande resumed operations on 5 April 2020 and continues to operate at normalised levels. At CVSA, operations resumed on 6 April 2020, initially processing stockpiles at planned production rates. Since the shift change on 19 April 2020, the mine has restarted open pit and underground mining operations, but cross-border travel restrictions, which have impacted the ability to fully operate the underground and open-pit operations, continue. In South Africa, surface processing operations restarted on 6 April 2020 and are operating at planned production rates. At the Mponeng underground mine, the ramp-up of operations to 50% capacity commenced on 15 April 2020 and production resumed on 4 May 2020 following safe start-up and screening procedures. However, on 24 May 2020, following the detection of the first positive COVID-19 case amongst its workforce at Mponeng, the Company voluntarily halted its operations at the Mponeng mine in order to facilitate contact tracing and to again deep clean and sanitize the workplace and key infrastructure. The Mponeng mine resumed operations on 1 June 2020 and ramped up to 50% production capacity by 4 June 2020. The mine is currently in the process of ramping-up to 100% capacity. Subsequent to 30 June 2020, the South African mining industry, through the Minerals Council South Africa and in collaboration with the South African Department of Mineral Resources and Energy (DMRE), began recalling foreign-based mineworkers to South Africa. More than 1,200 foreign-based mineworkers or approximately 20% of the Mponeng mine workforce started to report for work on 7 July 2020 and underwent a mandatory 14-day quarantine before being redeployed to the Company’s operations. All of AngloGold Ashanti’s mines are now operating normally, other than the Mponeng mine in South Africa and Cerro Vanguardia in Argentina which both continue with gradual ramp-ups to 100% capacity. Despite the temporary suspension of certain operations, the Company continued to pay full salaries and benefits during this period to all employees, including those who could not work because of the lockdown restrictions. The Company also continued to pay contractor-related costs, while having to contend with disrupted supply chains. The Company continues to manage the business with a cautious outlook, focusing on cash conservation, risk mitigation and maintaining a tight rein on costs. Inventories of critical spares have been built to cover between three and six months of operations. We had also identified contingency plans early in the year to counter potential disruptions and built ore stockpiles to provide additional operating flexibility where possible. We have further worked closely with our associate partners at Rand Refinery (Pty) Limited in Johannesburg to ensure uninterrupted inbound transport of gold doré and expatriates from our African operations using accredited private charters when commercial airlines have suspended operations. Beyond the business, we recognise the COVID-19 pandemic has spread suffering, disrupted billions of lives, and endangered the global economy. Tackling the pandemic requires co-operation and co-ordination of efforts by stakeholders to ensure that resources and technology are deployed to make the biggest possible impact on trying to control the pandemic and reduce the toll on human lives. To that effect, AngloGold Ashanti stepped up its humanitarian efforts across all host countries, working alongside governments, local communities, and healthcare facilities to help combat the spread of the virus. We introduced a host of initiatives on our mine sites and at the surrounding communities which include, among other things, providing critical medical PPE as well as hand washing stations and alcohol-based hand sanitisers, running comprehensive personal hygiene campaigns, and also distributing food parcels, water tanks and toilet facilities. In South Africa, the Company made available two hospitals in the North West and Gauteng provinces for the exclusive use by the provincial governments to treat and isolate COVID-19 patients, and also a residence for the accommodation of frontline healthcare workers. In addition, the Company made a variety of donations and other contributions amounting to $5m across the group's operations since the start of the pandemic, which includes the $1.2m (R20m) pledge to the Solidarity Response Fund in South Africa. Sale of South African assets - On 12 February 2020, AngloGold Ashanti announced that it has reached an agreement to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited, subject to the fulfilment of certain conditions. Consideration for the transaction is in cash and deferred payments with expected proceeds of around $300m, subject to subsequent performance, and with additional proceeds if the West Wits assets are developed below current infrastructure. Refer to note 8. Dividend declaration – On 21 February 2020, the directors of AngloGold Ashanti declared a gross cash dividend per ordinary share of 165 South African cents. Ratings Agencies – On 15 April 2020, AngloGold Ashanti announced that Moody’s Investors Service (Moody’s) has affirmed the Company’s Baa3 credit rating, with a stable outlook. On 10 July 2020, Fitch Ratings (Fitch) has affirmed the Company’s credit rating at BBB-, with a stable outlook. On 17 July 2020, S&P Global Ratings (S&P) published an update in which it views the Company’s current rating as BB+ with a stable outlook. Bond Repayment – On 15 April 2020, AngloGold Ashanti repaid the principal of $700m on its 10-year bond issued in April 2010, which has matured. Appointment of new Interim Company Secretary – On 27 March 2020 shareholders were advised that Ms Maria Sanz Perez had given 6 months’ notice of the intention to resign, effective 26 March 2020. Ms Sanz Perez departed from the Company on 30 June 2020. Ms Lizelle Marwick, Executive Vice President, General Counsel and Compliance, has been appointed as Interim Company Secretary (effective 1 July 2020) while the Company continues to search for a suitable permanent replacement. Appointment of new Interim CEO and Interim CFO – On 30 July 2020, AngloGold Ashanti announced that Mr. Kelvin Dushnisky will step down as Chief Executive Officer (CEO) and Executive Director, effective 1 September 2020. Mr. Dushnisky will continue to be available to assist the group with a smooth handover until 28 February 2021. Ms. Christine Ramon, currently Chief Financial Officer (CFO) and Executive Director, has been appointed Interim CEO, while the Board of Directors embarks on a comprehensive recruitment process to find a new permanent CEO. Ms. Ramon will assume the role of Interim CEO on 1 September 2020. Mr. Ian Kramer, currently Senior Vice President: Group Finance, will assume the role of Interim CFO for the duration of the transition period. Change to Board of Directors – On 31 July 2020, AngloGold Ashanti announced the appointment of Dr Kojo Busia as an independent non-executive director to its board of directors, effective 1 August 2020. Dr Busia will serve as a member of the Investment Committee and the Social and Ethics and Sustainability Committee. Dr Busia recently held the position of Chief of Natural Resources Management Section, Division of Technology, Climate Change and Natural Resource Management at the United Nations Economic Commission for Africa (UNECA). Dr Busia is an internationally renowned leader and promoter of good governance in Africa, having 25 years of working experience in multilateral and bilateral organisations.

Announcements and subsequent ev

Announcements and subsequent events	6 Months Ended
	Jun. 30, 2020
Disclosure Of Additional Information [Abstract]
Announcements and subsequent events	COVID-19 pandemic AngloGold Ashanti recognises that all our stakeholders have a direct and material interest in the way in which we, as a business, prepare for and respond to COVID-19 at our operations, in our communities and in the regions and countries in which we operate. We are guided by our values and a pledge to protect the health of our employees and host communities, while working to ensure business continuity. AngloGold Ashanti has worked alongside authorities and key stakeholders in each operating country to assist public health efforts and to help slow the spread of the virus. Measures have been taken to help protect the well-being of our employees and communities. During the first six months of 2020, temporary suspensions were in place during the months of March and April at Serra Grande in Brazil, at Cerro Vanguardia (CVSA) in Argentina and at our South African operations, in line with local lockdown regulations. Serra Grande resumed operations on 5 April 2020 and continues to operate at normalised levels. At CVSA, operations resumed on 6 April 2020, initially processing stockpiles at planned production rates. Since the shift change on 19 April 2020, the mine has restarted open pit and underground mining operations, but cross-border travel restrictions, which have impacted the ability to fully operate the underground and open-pit operations, continue. In South Africa, surface processing operations restarted on 6 April 2020 and are operating at planned production rates. At the Mponeng underground mine, the ramp-up of operations to 50% capacity commenced on 15 April 2020 and production resumed on 4 May 2020 following safe start-up and screening procedures. However, on 24 May 2020, following the detection of the first positive COVID-19 case amongst its workforce at Mponeng, the Company voluntarily halted its operations at the Mponeng mine in order to facilitate contact tracing and to again deep clean and sanitize the workplace and key infrastructure. The Mponeng mine resumed operations on 1 June 2020 and ramped up to 50% production capacity by 4 June 2020. The mine is currently in the process of ramping-up to 100% capacity. Subsequent to 30 June 2020, the South African mining industry, through the Minerals Council South Africa and in collaboration with the South African Department of Mineral Resources and Energy (DMRE), began recalling foreign-based mineworkers to South Africa. More than 1,200 foreign-based mineworkers or approximately 20% of the Mponeng mine workforce started to report for work on 7 July 2020 and underwent a mandatory 14-day quarantine before being redeployed to the Company’s operations. All of AngloGold Ashanti’s mines are now operating normally, other than the Mponeng mine in South Africa and Cerro Vanguardia in Argentina which both continue with gradual ramp-ups to 100% capacity. Despite the temporary suspension of certain operations, the Company continued to pay full salaries and benefits during this period to all employees, including those who could not work because of the lockdown restrictions. The Company also continued to pay contractor-related costs, while having to contend with disrupted supply chains. The Company continues to manage the business with a cautious outlook, focusing on cash conservation, risk mitigation and maintaining a tight rein on costs. Inventories of critical spares have been built to cover between three and six months of operations. We had also identified contingency plans early in the year to counter potential disruptions and built ore stockpiles to provide additional operating flexibility where possible. We have further worked closely with our associate partners at Rand Refinery (Pty) Limited in Johannesburg to ensure uninterrupted inbound transport of gold doré and expatriates from our African operations using accredited private charters when commercial airlines have suspended operations. Beyond the business, we recognise the COVID-19 pandemic has spread suffering, disrupted billions of lives, and endangered the global economy. Tackling the pandemic requires co-operation and co-ordination of efforts by stakeholders to ensure that resources and technology are deployed to make the biggest possible impact on trying to control the pandemic and reduce the toll on human lives. To that effect, AngloGold Ashanti stepped up its humanitarian efforts across all host countries, working alongside governments, local communities, and healthcare facilities to help combat the spread of the virus. We introduced a host of initiatives on our mine sites and at the surrounding communities which include, among other things, providing critical medical PPE as well as hand washing stations and alcohol-based hand sanitisers, running comprehensive personal hygiene campaigns, and also distributing food parcels, water tanks and toilet facilities. In South Africa, the Company made available two hospitals in the North West and Gauteng provinces for the exclusive use by the provincial governments to treat and isolate COVID-19 patients, and also a residence for the accommodation of frontline healthcare workers. In addition, the Company made a variety of donations and other contributions amounting to $5m across the group's operations since the start of the pandemic, which includes the $1.2m (R20m) pledge to the Solidarity Response Fund in South Africa. Sale of South African assets - On 12 February 2020, AngloGold Ashanti announced that it has reached an agreement to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited, subject to the fulfilment of certain conditions. Consideration for the transaction is in cash and deferred payments with expected proceeds of around $300m, subject to subsequent performance, and with additional proceeds if the West Wits assets are developed below current infrastructure. Refer to note 8. Dividend declaration – On 21 February 2020, the directors of AngloGold Ashanti declared a gross cash dividend per ordinary share of 165 South African cents. Ratings Agencies – On 15 April 2020, AngloGold Ashanti announced that Moody’s Investors Service (Moody’s) has affirmed the Company’s Baa3 credit rating, with a stable outlook. On 10 July 2020, Fitch Ratings (Fitch) has affirmed the Company’s credit rating at BBB-, with a stable outlook. On 17 July 2020, S&P Global Ratings (S&P) published an update in which it views the Company’s current rating as BB+ with a stable outlook. Bond Repayment – On 15 April 2020, AngloGold Ashanti repaid the principal of $700m on its 10-year bond issued in April 2010, which has matured. Appointment of new Interim Company Secretary – On 27 March 2020 shareholders were advised that Ms Maria Sanz Perez had given 6 months’ notice of the intention to resign, effective 26 March 2020. Ms Sanz Perez departed from the Company on 30 June 2020. Ms Lizelle Marwick, Executive Vice President, General Counsel and Compliance, has been appointed as Interim Company Secretary (effective 1 July 2020) while the Company continues to search for a suitable permanent replacement. Appointment of new Interim CEO and Interim CFO – On 30 July 2020, AngloGold Ashanti announced that Mr. Kelvin Dushnisky will step down as Chief Executive Officer (CEO) and Executive Director, effective 1 September 2020. Mr. Dushnisky will continue to be available to assist the group with a smooth handover until 28 February 2021. Ms. Christine Ramon, currently Chief Financial Officer (CFO) and Executive Director, has been appointed Interim CEO, while the Board of Directors embarks on a comprehensive recruitment process to find a new permanent CEO. Ms. Ramon will assume the role of Interim CEO on 1 September 2020. Mr. Ian Kramer, currently Senior Vice President: Group Finance, will assume the role of Interim CFO for the duration of the transition period. Change to Board of Directors – On 31 July 2020, AngloGold Ashanti announced the appointment of Dr Kojo Busia as an independent non-executive director to its board of directors, effective 1 August 2020. Dr Busia will serve as a member of the Investment Committee and the Social and Ethics and Sustainability Committee. Dr Busia recently held the position of Chief of Natural Resources Management Section, Division of Technology, Climate Change and Natural Resource Management at the United Nations Economic Commission for Africa (UNECA). Dr Busia is an internationally renowned leader and promoter of good governance in Africa, having 25 years of working experience in multilateral and bilateral organisations.

Supplemental condensed consolid

Supplemental condensed consolidating financial information	6 Months Ended
	Jun. 30, 2020
Disclosure Of Additional Information [Abstract]
Supplemental condensed consolidating financial information	Supplemental condensed consolidating financial informationAngloGold Ashanti Holdings plc (“IOMco”), a 100 percent wholly-owned subsidiary of AngloGold Ashanti, has issued debt securities which are fully and unconditionally guaranteed by AngloGold Ashanti Limited (being the “Guarantor”). IOMco is an Isle of Man registered company that holds certain of AngloGold Ashanti’s operations and assets located outside South Africa. The following is condensed consolidating financial information for the Company as of 30 June 2020, 2019 and 31 December 2019 and for the six months ended 30 June 2020, 2019 and for the year ended 31 December 2019, with a separate column for each of AngloGold Ashanti Limited as Guarantor, IOMco as Issuer and the other subsidiaries of the Company combined (the “Non-Guarantor Subsidiaries”). For the purposes of the condensed consolidating financial information, the Company carries its investments under the equity method. The following supplemental condensed consolidating financial information should be read in conjunction with the Company’s condensed consolidated financial statements. Condensed consolidating statements of income for the six months ended 30 June 2020 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Revenue from product sales — — 1,963 — 1,963 Cost of sales 2 — (1,292) — (1,290) Gain (loss) on non-hedge derivatives and other commodity contracts — — (8) (7) (15) Gross profit (loss) 2 — 663 (7) 658 Corporate administration, marketing and other income (expenses) (43) (5) (4) 16 (36) Exploration and evaluation costs — — (56) — (56) Impairment, derecognition of assets and profit (loss) on disposal — — (1) — (1) Other income (expenses) (2) — (26) — (28) Operating profit (loss) (43) (5) 576 9 537 Interest income 1 3 5 — 9 Foreign exchange (losses) gains — (1) 19 — 18 Finance costs and unwinding of obligations (7) (57) (29) 7 (86) Share of associates and joint ventures’ profit (loss) — — 119 — 119 Equity gain (loss) in subsidiaries 392 521 — (913) — Profit (loss) before taxation 343 461 690 (897) 597 Taxation 13 — (221) — (208) Profit (loss) for the period from continuing operations 356 461 469 (897) 389 Discontinued operations Profit (loss) from discontinued operations 65 — (26) — 39 Profit (loss) for the period 421 461 443 (897) 428 Allocated as follows: Equity shareholders - Continuing operations 356 461 462 (897) 382 - Discontinued operations 65 — (26) — 39 Non-controlling interests - Continuing operations — — 7 — 7 421 461 443 (897) 428 Comprehensive income (loss) 405 482 464 (939) 412 Comprehensive (income) loss attributable to non-controlling interests — — (7) — (7) Comprehensive income (loss) attributable to AngloGold Ashanti 405 482 457 (939) 405 Condensed consolidating statements of income for the six months ended 30 June 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Revenue from product sales — — 1,582 — 1,582 Cost of sales 2 — (1,266) — (1,264) Gain (loss) on non-hedge derivatives and other commodity contracts — — 5 — 5 Gross profit (loss) 2 — 321 — 323 Corporate administration, marketing and other income (expenses) (24) 3 (10) (10) (41) Exploration and evaluation costs — — (51) — (51) Impairment, derecognition of assets and profit (loss) on disposal — — (3) — (3) Other income (expenses) (8) 3 (16) (4) (25) Operating profit (loss) (30) 6 241 (14) 203 Interest income 2 1 2 — 5 Foreign exchange (losses) gains — (2) 1 — (1) Finance costs and unwinding of obligations (8) (53) (31) — (92) Share of associates and joint ventures’ profit (loss) — — 68 10 78 Equity gain (loss) in subsidiaries 156 294 — (450) — Profit (loss) before taxation 120 246 281 (454) 193 Taxation 16 — (78) — (62) Profit (loss) for the period from continuing operations 136 246 203 (454) 131 Discontinued operations Profit (loss) from discontinued operations (22) — 7 — (15) Profit (loss) for the period 114 246 210 (454) 116 Allocated as follows: Equity shareholders - Continuing operations 136 246 201 (454) 129 - Discontinued operations (22) — 7 — (15) Non-controlling interests - Continuing operations — — 2 — 2 114 246 210 (454) 116 Comprehensive income (loss) 118 243 207 (448) 120 Comprehensive loss (income) attributable to non-controlling interests — — (2) — (2) Comprehensive income (loss) attributable to AngloGold Ashanti 118 243 205 (448) 118 Amounts have been restated in accordance with IFRS 5, refer to note 8. Condensed consolidating statements of income for the year ended 31 December 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Revenue from product sales — — 3,525 — 3,525 Cost of sales (1) — (2,625) — (2,626) Gain (loss) on non-hedge derivatives and other commodity contracts — — 5 — 5 Gross profit (loss) (1) — 905 — 904 Corporate administration, marketing and other income (expenses) (41) (6) (17) (18) (82) Exploration and evaluation costs — — (112) — (112) Impairment, derecognition of assets and profit (loss) on disposal — (3) (6) 3 (6) Other income (expenses) (10) 3 135 (211) (83) Operating profit (loss) (52) (6) 905 (226) 621 Interest income 3 6 5 — 14 Foreign exchange losses — (4) (8) — (12) Finance costs and unwinding of obligations (16) (106) (56) 6 (172) Share of associates and joint ventures’ profit (loss) — — 154 14 168 Equity gain (loss) in subsidiaries 302 815 — (1,117) — Profit (loss) before taxation 237 705 1,000 (1,323) 619 Taxation 32 — (282) — (250) Profit (loss) for the period from continuing operations 269 705 718 (1,323) 369 Discontinued operations Profit (loss) from discontinued operations (281) — (95) — (376) Profit (loss) for the period (12) 705 623 (1,323) (7) Allocated as follows: Equity shareholders - Continuing operations 269 705 713 (1,323) 364 - Discontinued operations (281) — (95) — (376) Non-controlling interests - Continuing operations — — 5 — 5 (12) 705 623 (1,323) (7) Comprehensive income (loss) 2 717 618 (1,330) 7 Comprehensive loss (income) attributable to non-controlling interests — — (5) — (5) Comprehensive income (loss) attributable to AngloGold Ashanti 2 717 613 (1,330) 2 Condensed consolidating statements of financial position as at 30 June 2020 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") ASSETS Non-current assets Tangible and right of use assets 3 — 2,789 13 2,805 Intangible assets — — 121 (1) 120 Investments in subsidiaries, associates and joint ventures 2,985 4,885 1,527 (7,753) 1,644 Other investments 1 2 136 (2) 137 Inventories — — 80 — 80 Trade and other receivables — 29 147 (29) 147 Deferred taxation 83 — — — 83 Cash restricted for use — — 31 — 31 3,072 4,916 4,831 (7,772) 5,047 Current Assets Inventories, trade and other receivables, intergroup balances and other current assets 253 755 1,361 (1,414) 955 Cash restricted for use — — 34 — 34 Cash and cash equivalents 48 713 531 — 1,292 301 1,468 1,926 (1,414) 2,281 Assets held for sale 267 — 279 — 546 568 1,468 2,205 (1,414) 2,827 Total assets 3,640 6,384 7,036 (9,186) 7,874 EQUITY AND LIABILITIES Share capital and premium 7,211 6,096 847 (6,943) 7,211 (Accumulated losses) retained earnings and other reserves (4,199) (2,390) 1,967 423 (4,199) Shareholders' equity 3,012 3,706 2,814 (6,520) 3,012 Non-controlling interests — — 36 — 36 Total equity 3,012 3,706 2,850 (6,520) 3,048 Non-current liabilities 229 2,383 1,146 — 3,758 Current liabilities including intergroup balances 323 295 2,853 (2,666) 805 Liabilities held for sale 76 — 187 — 263 Total liabilities 628 2,678 4,186 (2,666) 4,826 Total equity and liabilities 3,640 6,384 7,036 (9,186) 7,874 Condensed consolidating statements of financial position as at 30 June 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") ASSETS Non-current assets Tangible and right of use assets 632 — 2,921 — 3,553 Intangible assets 1 — 121 (1) 121 Investments in subsidiaries, associates and joint ventures 2,504 4,245 1,437 (6,613) 1,573 Other investments 1 2 135 (2) 136 Inventories — — 126 — 126 Trade and other receivables — 29 119 (29) 119 Cash restricted for use — — 36 — 36 3,138 4,276 4,895 (6,645) 5,664 Current Assets Other investments — 7 — — 7 Inventories, trade and other receivables, intergroup balances and other current assets 356 474 1,206 (1,159) 877 Cash restricted for use — — 17 — 17 Cash and cash equivalents 23 102 217 — 342 379 583 1,440 (1,159) 1,243 Total assets 3,517 4,859 6,335 (7,804) 6,907 EQUITY AND LIABILITIES Share capital and premium 7,192 6,096 837 (6,933) 7,192 (Accumulated losses) retained earnings and other reserves (4,444) (3,203) 1,397 1,806 (4,444) Shareholders' equity 2,748 2,893 2,234 (5,127) 2,748 Non-controlling interests — — 32 — 32 Total equity 2,748 2,893 2,266 (5,127) 2,780 Non-current liabilities 345 1,028 1,367 — 2,740 Current liabilities including intergroup balances 424 938 2,702 (2,677) 1,387 Total liabilities 769 1,966 4,069 (2,677) 4,127 Total equity and liabilities 3,517 4,859 6,335 (7,804) 6,907 Condensed consolidating statements of financial position as at 31 December 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") ASSETS Non-current assets Tangible and right of use assets 4 — 2,740 6 2,750 Intangible assets 1 — 123 (1) 123 Investments in subsidiaries, associates and joint ventures 2,646 4,612 1,459 (7,136) 1,581 Other investments 2 2 74 (2) 76 Inventories — — 93 — 93 Trade and other receivables — 29 122 (29) 122 Deferred taxation 105 — — — 105 Cash restricted for use — — 31 — 31 2,758 4,643 4,642 (7,162) 4,881 Current Assets Other investments — 10 — — 10 Inventories, trade and other receivables, intergroup balances and other current assets 333 619 1,247 (1,317) 882 Cash restricted for use — — 33 — 33 Cash and cash equivalents 12 102 342 — 456 345 731 1,622 (1,317) 1,381 Assets held for sale 253 — 348 — 601 598 731 1,970 (1,317) 1,982 Total assets 3,356 5,374 6,612 (8,479) 6,863 EQUITY AND LIABILITIES Share capital and premium 7,199 6,096 837 (6,933) 7,199 (Accumulated losses) retained earnings and other reserves (4,559) (2,715) 1,668 1,047 (4,559) Shareholders' equity 2,640 3,381 2,505 (5,886) 2,640 Non-controlling interests — — 36 — 36 Total equity 2,640 3,381 2,541 (5,886) 2,676 Non-current liabilities 225 1,031 1,222 — 2,478 Current liabilities including intergroup balances 401 962 2,667 (2,593) 1,437 Liabilities held for sale 90 — 182 — 272 Total liabilities 716 1,993 4,071 (2,593) 4,187 Total equity and liabilities 3,356 5,374 6,612 (8,479) 6,863 Condensed consolidating statements of cash flows for the six months ended 30 June 2020 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Cash flows from operating activities Cash generated from (used by) operations (75) (7) 737 9 664 Net movement in intergroup receivables and payables 41 (141) 83 17 — Dividends received from joint ventures — 54 — — 54 Taxation paid — — (166) — (166) Net cash inflow (outflow) from operating activities from continuing operations (34) (94) 654 26 552 Net cash inflow (outflow) from operating activities from discontinued operations 30 — 22 — 52 Net cash inflow (outflow) from operating activities (4) (94) 676 26 604 Cash flows from investing activities Capital expenditure — — (307) — (307) Interest capitalised and paid — — — (7) (7) Other investments acquired — — (4) — (4) Proceeds from disposal of other investments — 9 — — 9 Disposal (acquisition) of subsidiaries — (4) 4 — — Increase in investment in subsidiaries (10) — — 10 — Decrease (increase) in cash restricted for use — — (7) — (7) Interest received 1 3 5 — 9 Net cash inflow (outflow) from investing activities from continuing operations (9) 8 (309) 3 (307) Net cash inflow (outflow) from investing activities from discontinued operations (13) — (4) — (17) Cash in subsidiaries sold and transferred to held for sale — — 2 — 2 Net cash inflow (outflow) from investing activities (22) 8 (311) 3 (322) Cash flows from financing activities Increase in share capital — — 10 (10) — Proceeds from borrowings 133 1,350 43 — 1,526 Repayment of borrowings (76) (700) (57) — (833) Finance costs paid (5) (58) (15) 7 (71) Other borrowing costs — (18) — — (18) Dividends paid (38) — (6) — (44) Intergroup dividends received (paid) 52 123 (175) — — Net cash inflow (outflow) from financing activities from continuing operations 66 697 (200) (3) 560 Net cash inflow (outflow) from financing activities from discontinued operations — — — — — Net cash inflow (outflow) from financing activities 66 697 (200) (3) 560 Net increase (decrease) in cash and cash equivalents 40 611 165 26 842 Translation (4) — 24 (26) (6) Cash and cash equivalents at beginning of period 12 102 342 — 456 Cash and cash equivalents at end of period 48 713 531 — 1,292 Condensed consolidating statements of cash flows for the six months ended 30 June 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Cash flows from operating activities Cash generated from (used by) operations (35) 3 384 — 352 Net movement in intergroup receivables and payables 29 (113) 87 (3) — Dividends received from joint ventures — 33 — — 33 Taxation refund — — 7 — 7 Taxation paid — — (75) — (75) Net cash inflow (outflow) from operating activities from continuing operations (6) (77) 403 (3) 317 Net cash inflow (outflow) from operating activities from discontinued operations 13 — 13 — 26 Net cash inflow (outflow) from operating activities 7 (77) 416 (3) 343 Cash flows from investing activities Capital expenditure — — (264) — (264) Proceeds from disposal of tangible assets — — 2 — 2 Proceeds from disposal of other investments — — 3 — 3 Investments in associates and joint ventures — — (2) — (2) Net loans repaid by (advanced to) associates and joint ventures — 4 (1) — 3 Disposal (acquisition) of subsidiaries — (3) 3 — — Increase in investment in subsidiaries (16) — — 16 — Decrease (increase) in cash restricted for use — — 15 — 15 Interest received 2 1 2 — 5 Net cash inflow (outflow) from investing activities from continuing operations (14) 2 (242) 16 (238) Net cash inflow (outflow) from investing activities from discontinued operations (26) — (3) — (29) Cash in subsidiaries sold and transferred to held for sale — — — — — Net cash inflow (outflow) from investing activities (40) 2 (245) 16 (267) Cash flows from financing activities Increase in share capital — — 16 (16) — Proceeds from borrowings 117 — 37 — 154 Repayment of borrowings (82) — (20) — (102) Finance costs paid (3) (51) (19) — (73) Dividends paid (28) — (15) — (43) Intergroup dividends received (paid) 44 131 (175) — — Net cash inflow (outflow) from financing activities from continuing operations 48 80 (176) (16) (64) Net cash inflow (outflow) from financing activities from discontinued operations — — — — — Net cash inflow (outflow) from financing activities 48 80 (176) (16) (64) Net increase (decrease) in cash and cash equivalents 15 5 (5) (3) 12 Translation 1 — (3) 3 1 Cash and cash equivalents at beginning of period 7 97 225 — 329 Cash and cash equivalents at end of period 23 102 217 — 342 Amounts have been restated in accordance with IFRS 5, refer to note 8. Condensed consolidating statements of cash flows for the year ended 31 December 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Cash flows from operating activities Cash generated from (used by) operations (59) (8) 1,165 4 1,102 Net movement in intergroup receivables and payables 35 (205) 177 (7) — Dividends received from joint ventures — 77 — — 77 Taxation refund — — 7 — 7 Taxation paid — — (228) — (228) Net cash inflow (outflow) from operating activities from continuing operations (24) (136) 1,121 (3) 958 Net cash inflow (outflow) from operating activities from discontinued operations 58 — 31 — 89 Net cash inflow (outflow) from operating activities 34 (136) 1,152 (3) 1,047 Cash flows from investing activities Capital expenditure — — (703) — (703) Interest capitalised and paid — — — (6) (6) Proceeds from disposal of tangible assets — — 3 — 3 Other investments acquired — — (9) — (9) Proceeds from disposal of other investments — — 3 — 3 Investments in associates and joint ventures — — (5) — (5) Net loans repaid by (advanced to) associates and joint ventures 17 4 (1) — 20 Disposal (acquisition) of subsidiaries — (8) 8 — — Increase in investment in subsidiaries (16) — — 16 — Interest received 3 5 6 — 14 Net cash inflow (outflow) from investing activities from continuing operations 4 1 (698) 10 (683) Net cash inflow (outflow) from investing activities from discontinued operations (46) — (8) — (54) Cash in subsidiaries sold and transferred to held for sale — — (6) — (6) Net cash inflow (outflow) from investing activities (42) 1 (712) 10 (743) Cash flows from financing activities Increase in share capital — — 16 (16) — Proceeds from borrowings 130 — 38 — 168 Repayment of borrowings (124) — (41) — (165) Finance costs paid (10) (102) (31) 6 (137) Dividends paid (28) — (15) — (43) Intergroup dividends received (paid) 44 242 (286) — — Net cash inflow (outflow) from financing activities from continuing operations 12 140 (319) (10) (177) Net cash inflow (outflow) from financing activities from discontinued operations — — — — — Net cash inflow (outflow) from financing activities 12 140 (319) (10) (177) Net increase (decrease) in cash and cash equivalents 4 5 121 (3) 127 Translation 1 — (4) 3 — Cash and cash equivalents at beginning of year 7 97 225 — 329 Cash and cash equivalents at end of period 12 102 342 — 456

Segmental reporting (Tables)

Segmental reporting (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of entity's operating segments [Abstract]
Disclosure of Segmental Information	Gold income Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 1,265 971 2,203 Australia 437 415 851 Americas 518 455 1,000 2,220 1,841 4,054 Equity-accounted investments included above (303) (296) (615) Continuing operations 1,917 1,545 3,439 Discontinued operations - South Africa 234 244 554 2,151 1,789 3,993 By-product revenue Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 2 1 3 Australia 1 1 3 Americas 44 35 81 47 37 87 Equity-accounted investments included above (1) — (1) Continuing operations 46 37 86 Discontinued operations - South Africa — — 1 46 37 87 Cost of sales Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 745 783 1,601 Australia 331 319 632 Americas 387 385 822 Corporate and other (9) (3) (1) 1,454 1,484 3,054 Equity-accounted investments included above (164) (220) (428) Continuing operations 1,290 1,264 2,626 Discontinued operations - South Africa 174 232 479 1,464 1,496 3,105 Gross profit (loss) Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 522 189 605 Australia 107 97 221 Americas 168 110 265 Corporate and other 1 4 1 798 400 1,092 Equity-accounted investments included above (140) (77) (188) Continuing operations 658 323 904 Discontinued operations - South Africa 19 14 79 677 337 983 Amortisation Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 186 172 367 Australia 70 86 173 Americas 71 80 177 Corporate and other 1 1 3 328 339 720 Equity-accounted investments included above (51) (73) (137) Continuing operations 277 266 583 Discontinued operations - South Africa — 30 61 277 296 644 Capital expenditure Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Continental Africa 189 150 410 Australia 58 58 149 Americas 99 81 195 Continuing operations 346 289 754 Discontinued operations - South Africa 20 29 60 366 318 814 Equity-accounted investments included above (39) (25) (51) 327 293 763 Total assets As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited South Africa 622 1,102 697 Continental Africa 3,793 3,283 3,514 Australia 945 956 972 Americas 1,558 1,309 1,427 Corporate and other 956 257 253 7,874 6,907 6,863

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of revenue [Abstract]
Disclosure of revenue	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Gold income 1,917 1,545 3,439 By-products 46 37 86 Revenue from product sales 1,963 1,582 3,525

Cost of sales (Tables)

Cost of sales (Tables)	6 Months Ended
	Jun. 30, 2020
Cost of Sales [Abstract]
Cost of sales by cost	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Cash operating costs 858 884 1,831 Royalties 82 59 137 Other cash costs 6 5 13 Total cash costs 946 948 1,981 Retrenchment costs 1 2 4 Rehabilitation and other non-cash costs 29 23 53 Amortisation of tangible assets 254 243 538 Amortisation of right of use assets 22 21 42 Amortisation of intangible assets 1 2 3 Inventory change 37 25 5 1,290 1,264 2,626

Other expenses (income) (Tables

Other expenses (income) (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of other operating income (expense) [Abstract]
Other operating income (expense)	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Care and maintenance — 21 47 Government fiscal claims, cost of old tailings operations and other expenses 10 5 21 Guinea public infrastructure contribution — — 8 Pension and medical defined benefit provisions 3 4 9 Royalties received (1) (1) (3) Brazilian power utility legal settlement — (16) (16) Retrenchment and related costs — 2 3 Legal fees and project costs 3 6 11 Refund from insurance claim (5) — — Other indirect taxes 18 4 3 28 25 83

Finance costs and unwinding o_2

Finance costs and unwinding of obligations (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of finance costs and unwinding of obligations [Abstract]
Disclosure of finance costs and unwinding of obligations by item	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Finance costs - borrowings 65 69 133 Finance costs - leases 4 5 10 Unwinding of obligations 17 18 29 86 92 172

Share of associates and joint_2

Share of associates and joint ventures' profit (loss) (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of share of associates and joint ventures’ profit (loss) [Abstract]
Share of associates and joint ventures' profit (loss)	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Revenue 319 297 616 Operating costs and other expenses (174) (227) (452) Net interest received (paid) 6 5 10 Profit (loss) before taxation 151 75 174 Taxation (32) (13) (35) Profit (loss) after taxation 119 62 139 Net impairment reversal of investments in associates — 10 23 Net impairment reversal of investments in joint ventures — 6 6 119 78 168

Taxation (Tables)

Taxation (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of income tax [Abstract]
Disclosure of income tax expense	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited South African taxation Normal taxation 1 — — Deferred taxation Other temporary differences (13) (15) (18) Change in estimated deferred tax rate — — (14) (12) (15) (32) Foreign taxation Normal taxation 225 90 299 Prior year under (over) provision 1 (4) (1) Deferred taxation Temporary differences (4) (13) (28) Prior year under (over) provision — 4 1 Change in estimate (2) — 9 Change in statutory tax rate — — 2 220 77 282 208 62 250

Discontinued operations and a_2

Discontinued operations and assets and liabilities held for sale (Tables)	6 Months Ended
	Jun. 30, 2020
Non-Current Assets Held For Sale And Discontinued Operations [Abstract]
Disclosure of detailed information on discontinued operations	The results of the South Africa disposal group for the six months ended 30 June 2020 are presented below: Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Revenue from product sales 234 244 555 Cost of sales (174) (232) (479) Gain (loss) on non-hedge derivatives and other commodity contracts (41) 2 3 Gross profit 19 14 79 Other expenses (14) (19) (44) Derecognition of assets, impairments and profit (loss) on disposal of assets 2 (7) (3) Impairment reversal (loss) recognised on remeasurement to fair value less costs to sell 17 — (549) Profit (loss) before taxation 24 (12) (517) Normal and deferred taxation on operations 4 (4) (23) Deferred taxation on impairment (reversal) loss, derecognition and profit on disposal of assets — 2 164 Deferred taxation on unrealised movement on derivatives and other commodity contracts 11 (1) — Total profit (loss) from discontinued operations 39 (15) (376) The major classes of assets and liabilities of the South African disposal group as at 30 June 2020, are as follows: As at As at Jun Dec 2020 2019 US Dollar million Unaudited Audited Tangible assets and right of use assets 378 429 Other investments 69 84 Inventories 31 37 Trade, other receivables and other assets 3 4 Deferred taxation 40 15 Cash and cash restricted for use 5 12 Assets held for sale 526 581 Lease liabilities 2 3 Environmental rehabilitation and other provisions 196 211 Trade and other payables 65 58 Liabilities held for sale 263 272 Net assets held for sale 263 309 Total assets held for sale include: Sadiola 20 20 South Africa 526 581 546 601

Headline earnings (Tables)

Headline earnings (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of earnings per share [Abstract]
Headline Earnings	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited The profit (loss) attributable to equity shareholders has been adjusted by the following to arrive at headline earnings (loss): Profit (loss) attributable to equity shareholders 421 114 (12) Net impairment (impairment reversal) on held for sale assets (17) — 549 Net impairment (impairment reversal) on investments — (2) — Derecognition of assets — 9 10 Net loss (profit) on disposal of assets — 1 (3) Taxation — (2) (165) Headline earnings (loss) 404 120 379 Headline earnings (loss) per ordinary share (US cents) (1) 97 29 91 Diluted headline earnings (loss) per ordinary share (US cents) (2) 97 29 91 (1) Calculated on the basic weighted average number of ordinary shares. (2) Calculated on the diluted weighted average number of ordinary shares. Number of shares Ordinary shares 415,999,026 413,711,485 414,407,622 Fully vested options 2,173,297 3,007,509 3,942,155 Weighted average number of shares 418,172,323 416,718,994 418,349,777 Dilutive potential of share options 176,988 355,659 — Dilutive number of ordinary shares 418,349,311 417,074,653 418,349,777

Share capital and premium (Tabl

Share capital and premium (Tables)	6 Months Ended
	Jun. 30, 2020
Share Capital, Reserves And Other Equity Interest [Abstract]
Disclosure of Share Capital	As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Share capital Authorised: 600,000,000 ordinary shares of 25 SA cents each 23 23 23 2,000,000 A redeemable preference shares of 50 SA cents each — — — 5,000,000 B redeemable preference shares of 1 SA cents each — — — 30,000,000 C redeemable preference shares at no par value — — — 23 23 23 Issued and fully paid: 416,603,645 (June 2019: 414,656,454; December 2019: 415,301,215) ordinary shares in issue of 25 SA cents each 17 16 17 2,000,000 A redeemable preference shares of 50 SA cents each — — — 778,896 B redeemable preference shares of 1 SA cent each — — — 17 16 17 Treasury shares held within the group 2,778,896 A and B redeemable preference shares — — — 17 16 17 Share premium Balance at beginning of period 7,235 7,208 7,208 Ordinary shares issued 12 21 27 7,247 7,229 7,235 Less: held within the group Redeemable preference shares (53) (53) (53) Balance at end of period 7,194 7,176 7,182 Share capital and premium 7,211 7,192 7,199

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of borrowing costs [Abstract]
Disclosure of Detailed Information About Borrowings	AngloGold Ashanti’s borrowings are interest bearing. As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Change in liabilities arising from financing activities: Reconciliation of borrowings (excluding lease liabilities (1) ) A reconciliation of the borrowings included in the statement of financial position is set out in the following table: Opening balance 2,033 2,050 2,050 Proceeds from borrowings 1,526 154 168 Repayment of borrowings (811) (82) (123) Finance costs paid on borrowings (69) (61) (122) Interest charged to the income statement 62 62 127 Deferred loan fees — (9) (7) Reclassification of finance leases to lease liabilities — (60) (60) Translation (13) 1 — Closing balance 2,728 2,055 2,033 Reconciliation of finance costs paid (excluding lease finance costs) A reconciliation of the finance costs paid included in the statement of cash flows is set out in the following table: Finance costs paid on borrowings 69 61 122 Capitalised finance cost (7) — (6) Commitment fees, environmental guarantees fees and other 5 7 12 Total finance costs paid 67 68 128 (1) Changes in lease liabilities arising from financing activities include a decrease in lease liabilities due to translation of amounts in US Dollars of $7m (2019: $2m).

Cash generated from operations

Cash generated from operations (Tables)	6 Months Ended
	Jun. 30, 2020
Statement of cash flows [abstract]
Disclosure of cash generated from operations	Six months Six months Year ended ended ended Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Profit (loss) before taxation 597 193 619 Adjusted for: Movement on non-hedge derivatives and other commodity contracts 10 (5) (6) Amortisation of tangible and right of use assets 276 264 580 Amortisation of intangible assets 1 2 3 Finance costs and unwinding of obligations 86 92 172 Environmental, rehabilitation and other expenditure (20) (8) (6) Impairment, derecognition of assets and (profit) loss on disposal — 2 3 Other expenses (income) 32 13 41 Interest income (9) (5) (14) Share of associates and joint ventures' (profit) loss (119) (78) (168) Other non-cash movements 2 30 43 Movements in working capital (192) (148) (165) 664 352 1,102 Movements in working capital: (Increase) decrease in inventories (71) (24) (67) (Increase) decrease in trade and other receivables (75) (88) (138) Increase (decrease) in trade, other payables and provisions (46) (36) 40 (192) (148) (165) (1) Change in presentation of disclosure from 30 June 2019, refer to note 16.

Financial risk management act_2

Financial risk management activities (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of detailed information about financial instruments [abstract]
Summary of carrying amount and fair value	As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Carrying amount 2,728 2,055 2,033 Fair value 2,826 2,149 2,135
Disclosure of fair value of assets measured on a recurring basis	The following tables set out the group’s financial assets and liabilities measured at fair value by level within the fair value hierarchy: Types of instruments: Securities Jun 2020 Jun 2019 Dec 2019 Unaudited Unaudited Audited US Dollar million Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets measured at fair value: Other equity securities FVTPL (1) 15 4 19 20 20 21 21 Other equity securities FVOCI 132 132 62 62 82 82 Financial liabilities measured at fair value: Gold and oil derivative contracts 10 10 (1) Included in equity securities - FVTPL are amounts transferred to held for sale

Capital commitments (Tables)

Capital commitments (Tables)	6 Months Ended
	Jun. 30, 2020
Contractual Capital Commitments [Abstract]
Summary of capital commitments	As at As at As at Jun Jun Dec 2020 2019 2019 US Dollar million Unaudited Unaudited Audited Orders placed and outstanding on capital contracts at the prevailing rate of exchange (1) 138 223 161 (1) Includes the group's attributable share of capital commitments relating to associates and joint ventures and $7m (Jun 2019: $8m, Dec 2019: $7m) relating to discontinued operations.

Contractual commitments and c_2

Contractual commitments and contingencies (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of other provisions, contingent liabilities and contingent assets [Abstract]
Disclosure of contingent liabilities and assets	AngloGold Ashanti's material contingent liabilities and assets at 30 June 2020 and 31 December 2019 are detailed below: Contingencies and guarantees Jun 2020 Dec 2019 US Dollar million Unaudited Audited Contingent liabilities Litigation – Ghana (1) (2) 97 97 Litigation - North America (3) — — Groundwater pollution (4) — — Deep groundwater pollution – Africa (5) — — 97 97 Litigation claims (1) Litigation - On 11 October 2011, AngloGold Ashanti (Ghana) Limited (AGAG) terminated Mining and Building Contractors Limited’s (MBC) underground development agreement, construction on bulkheads agreement and diamond drilling agreement at Obuasi mine. The parties reached agreement on the terms of the separation and concluded a separation agreement on 8 November 2012. On 20 February 2014, AGAG was served with a demand issued by MBC claiming a total of $97m. In December 2015, the proceedings were stayed in the High Court pending arbitration. In February 2016, MBC submitted the matter to arbitration. The arbitration panel was constituted and on 26 July 2019 held an arbitration management meeting to address initial procedural matters. On 1 May 2020, the Ghana Arbitration Centre notified the parties that the Tribunal has granted the Claimant’s request to adjourn the proceedings indefinitely to enable the parties to explore possible settlement. (2) Litigation - AGAG received a summons on 2 April 2013 from Abdul Waliyu and 152 others in which the plaintiffs allege that they were or are residents of the Obuasi municipality or its suburbs and that their health has been adversely affected by emission and/or other environmental impacts arising in connection with the current and/or historical operations of the Pompora Treatment Plant (PTP), which was decommissioned in 2000. The plaintiffs’ alleged injuries include respiratory infections, skin diseases and certain cancers. The plaintiffs subsequently did not timely file their application for directions. On 24 February 2014, executive members of the PTP (AGAG) Smoke Effect Association (PASEA), sued AGAG by themselves and on behalf of their members (undisclosed number) on grounds similar to those discussed above, as well as economic hardships as a result of constant failure of their crops. This matter has been adjourned indefinitely. In view of the limitation of current information for the accurate estimation of a liability, no reliable estimate can be made for AGAG’s obligation in either matter. (3) Litigation - On 19 October 2017, Newmont Corp. (formerly Newmont Mining Corp.) filed a lawsuit in the United States District Court for the Southern District of New York against AngloGold Ashanti and certain related parties, alleging that AngloGold Ashanti and such parties did not provide Newmont Corp with certain information material to its purchase of the Cripple Creek & Victor Gold Mining Company in 2015 during the negotiation- and-sale process. During November 2019, the AngloGold Ashanti defendants filed two motions for summary judgement with the Court, requesting the dismissal of all causes of actions against all defendants. On 18 March 2020, AngloGold Ashanti’s motions for summary judgement were granted and the case was dismissed. Newmont Corp. did not appeal the judgement and the matter is now closed. Tax claims For a discussion on tax claims and tax uncertainties refer to note 7. Other (4) Groundwater pollution - AngloGold Ashanti has identified groundwater contamination plumes at certain of its operations, which have occurred primarily as a result of seepage from mine residue stockpiles. Numerous scientific, technical and legal studies have been undertaken to assist in determining the magnitude of the contamination and to find sustainable remediation solutions. The group has instituted processes to reduce future potential seepage and it has been demonstrated that Monitored Natural Attenuation (MNA) by the existing environment will contribute to improvements in some instances. Furthermore, literature reviews, field trials and base line modelling techniques suggest, but have not yet proven, that the use of phyto-technologies can address the soil and groundwater contamination. Subject to the completion of trials and the technology being a proven remediation technique, no reliable estimate can be made for the obligation. (5) Deep groundwater pollution - The group has identified potential water ingress and future pollution risk posed by deep groundwater in certain underground mines in Africa. Various studies have been undertaken by AngloGold Ashanti since 1999 to understand this potential risk. In South Africa, due to the interconnected nature of mining operations, any proposed solution needs to be a combined one supported by all the mines located in these gold fields. As a result, the South African Mineral and Petroleum Resources Development Act, No. 28 of 2002, as amended (MPRDA) requires that the affected mining companies develop a Regional Mine Closure Strategy to be approved by the Department of Mineral Resources and Energy. In view of the limitation of current information for the accurate estimation of a liability, no reliable estimate can be made for the obligation.

Change in presentation of "Sp_2

Change in presentation of "Special Items" disclosure from prior periods (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of reclassifications or changes in presentation [abstract]
Summary of reclassification of Income Statement	As a result of the change, reclassifications in the Income Statement are as follows: Income Statement extract (1) Six months Six months ended ended Jun Jun 2019 2019 US Dollar Million Previously reported Restated Gross profit (loss) 337 337 Corporate administration, marketing and other expenses (40) (40) Exploration and evaluation costs (51) (51) Impairment, derecognition of assets and profit (loss) on disposal n/a (10) Other (expenses) income (49) (45) Special items (6) n/a Operating profit 191 191 (1) Represents reclassifications prior to the disclosure of discontinued operations.

Supplemental condensed consol_2

Supplemental condensed consolidating financial information (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Additional Information [Abstract]
Condensed Consolidating Income Statement	Condensed consolidating statements of income for the six months ended 30 June 2020 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Revenue from product sales — — 1,963 — 1,963 Cost of sales 2 — (1,292) — (1,290) Gain (loss) on non-hedge derivatives and other commodity contracts — — (8) (7) (15) Gross profit (loss) 2 — 663 (7) 658 Corporate administration, marketing and other income (expenses) (43) (5) (4) 16 (36) Exploration and evaluation costs — — (56) — (56) Impairment, derecognition of assets and profit (loss) on disposal — — (1) — (1) Other income (expenses) (2) — (26) — (28) Operating profit (loss) (43) (5) 576 9 537 Interest income 1 3 5 — 9 Foreign exchange (losses) gains — (1) 19 — 18 Finance costs and unwinding of obligations (7) (57) (29) 7 (86) Share of associates and joint ventures’ profit (loss) — — 119 — 119 Equity gain (loss) in subsidiaries 392 521 — (913) — Profit (loss) before taxation 343 461 690 (897) 597 Taxation 13 — (221) — (208) Profit (loss) for the period from continuing operations 356 461 469 (897) 389 Discontinued operations Profit (loss) from discontinued operations 65 — (26) — 39 Profit (loss) for the period 421 461 443 (897) 428 Allocated as follows: Equity shareholders - Continuing operations 356 461 462 (897) 382 - Discontinued operations 65 — (26) — 39 Non-controlling interests - Continuing operations — — 7 — 7 421 461 443 (897) 428 Comprehensive income (loss) 405 482 464 (939) 412 Comprehensive (income) loss attributable to non-controlling interests — — (7) — (7) Comprehensive income (loss) attributable to AngloGold Ashanti 405 482 457 (939) 405 Condensed consolidating statements of income for the six months ended 30 June 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Revenue from product sales — — 1,582 — 1,582 Cost of sales 2 — (1,266) — (1,264) Gain (loss) on non-hedge derivatives and other commodity contracts — — 5 — 5 Gross profit (loss) 2 — 321 — 323 Corporate administration, marketing and other income (expenses) (24) 3 (10) (10) (41) Exploration and evaluation costs — — (51) — (51) Impairment, derecognition of assets and profit (loss) on disposal — — (3) — (3) Other income (expenses) (8) 3 (16) (4) (25) Operating profit (loss) (30) 6 241 (14) 203 Interest income 2 1 2 — 5 Foreign exchange (losses) gains — (2) 1 — (1) Finance costs and unwinding of obligations (8) (53) (31) — (92) Share of associates and joint ventures’ profit (loss) — — 68 10 78 Equity gain (loss) in subsidiaries 156 294 — (450) — Profit (loss) before taxation 120 246 281 (454) 193 Taxation 16 — (78) — (62) Profit (loss) for the period from continuing operations 136 246 203 (454) 131 Discontinued operations Profit (loss) from discontinued operations (22) — 7 — (15) Profit (loss) for the period 114 246 210 (454) 116 Allocated as follows: Equity shareholders - Continuing operations 136 246 201 (454) 129 - Discontinued operations (22) — 7 — (15) Non-controlling interests - Continuing operations — — 2 — 2 114 246 210 (454) 116 Comprehensive income (loss) 118 243 207 (448) 120 Comprehensive loss (income) attributable to non-controlling interests — — (2) — (2) Comprehensive income (loss) attributable to AngloGold Ashanti 118 243 205 (448) 118 Amounts have been restated in accordance with IFRS 5, refer to note 8. Condensed consolidating statements of income for the year ended 31 December 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Revenue from product sales — — 3,525 — 3,525 Cost of sales (1) — (2,625) — (2,626) Gain (loss) on non-hedge derivatives and other commodity contracts — — 5 — 5 Gross profit (loss) (1) — 905 — 904 Corporate administration, marketing and other income (expenses) (41) (6) (17) (18) (82) Exploration and evaluation costs — — (112) — (112) Impairment, derecognition of assets and profit (loss) on disposal — (3) (6) 3 (6) Other income (expenses) (10) 3 135 (211) (83) Operating profit (loss) (52) (6) 905 (226) 621 Interest income 3 6 5 — 14 Foreign exchange losses — (4) (8) — (12) Finance costs and unwinding of obligations (16) (106) (56) 6 (172) Share of associates and joint ventures’ profit (loss) — — 154 14 168 Equity gain (loss) in subsidiaries 302 815 — (1,117) — Profit (loss) before taxation 237 705 1,000 (1,323) 619 Taxation 32 — (282) — (250) Profit (loss) for the period from continuing operations 269 705 718 (1,323) 369 Discontinued operations Profit (loss) from discontinued operations (281) — (95) — (376) Profit (loss) for the period (12) 705 623 (1,323) (7) Allocated as follows: Equity shareholders - Continuing operations 269 705 713 (1,323) 364 - Discontinued operations (281) — (95) — (376) Non-controlling interests - Continuing operations — — 5 — 5 (12) 705 623 (1,323) (7) Comprehensive income (loss) 2 717 618 (1,330) 7 Comprehensive loss (income) attributable to non-controlling interests — — (5) — (5) Comprehensive income (loss) attributable to AngloGold Ashanti 2 717 613 (1,330) 2
Condensed Consolidating Statement of Financial Position	Condensed consolidating statements of financial position as at 30 June 2020 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") ASSETS Non-current assets Tangible and right of use assets 3 — 2,789 13 2,805 Intangible assets — — 121 (1) 120 Investments in subsidiaries, associates and joint ventures 2,985 4,885 1,527 (7,753) 1,644 Other investments 1 2 136 (2) 137 Inventories — — 80 — 80 Trade and other receivables — 29 147 (29) 147 Deferred taxation 83 — — — 83 Cash restricted for use — — 31 — 31 3,072 4,916 4,831 (7,772) 5,047 Current Assets Inventories, trade and other receivables, intergroup balances and other current assets 253 755 1,361 (1,414) 955 Cash restricted for use — — 34 — 34 Cash and cash equivalents 48 713 531 — 1,292 301 1,468 1,926 (1,414) 2,281 Assets held for sale 267 — 279 — 546 568 1,468 2,205 (1,414) 2,827 Total assets 3,640 6,384 7,036 (9,186) 7,874 EQUITY AND LIABILITIES Share capital and premium 7,211 6,096 847 (6,943) 7,211 (Accumulated losses) retained earnings and other reserves (4,199) (2,390) 1,967 423 (4,199) Shareholders' equity 3,012 3,706 2,814 (6,520) 3,012 Non-controlling interests — — 36 — 36 Total equity 3,012 3,706 2,850 (6,520) 3,048 Non-current liabilities 229 2,383 1,146 — 3,758 Current liabilities including intergroup balances 323 295 2,853 (2,666) 805 Liabilities held for sale 76 — 187 — 263 Total liabilities 628 2,678 4,186 (2,666) 4,826 Total equity and liabilities 3,640 6,384 7,036 (9,186) 7,874 Condensed consolidating statements of financial position as at 30 June 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") ASSETS Non-current assets Tangible and right of use assets 632 — 2,921 — 3,553 Intangible assets 1 — 121 (1) 121 Investments in subsidiaries, associates and joint ventures 2,504 4,245 1,437 (6,613) 1,573 Other investments 1 2 135 (2) 136 Inventories — — 126 — 126 Trade and other receivables — 29 119 (29) 119 Cash restricted for use — — 36 — 36 3,138 4,276 4,895 (6,645) 5,664 Current Assets Other investments — 7 — — 7 Inventories, trade and other receivables, intergroup balances and other current assets 356 474 1,206 (1,159) 877 Cash restricted for use — — 17 — 17 Cash and cash equivalents 23 102 217 — 342 379 583 1,440 (1,159) 1,243 Total assets 3,517 4,859 6,335 (7,804) 6,907 EQUITY AND LIABILITIES Share capital and premium 7,192 6,096 837 (6,933) 7,192 (Accumulated losses) retained earnings and other reserves (4,444) (3,203) 1,397 1,806 (4,444) Shareholders' equity 2,748 2,893 2,234 (5,127) 2,748 Non-controlling interests — — 32 — 32 Total equity 2,748 2,893 2,266 (5,127) 2,780 Non-current liabilities 345 1,028 1,367 — 2,740 Current liabilities including intergroup balances 424 938 2,702 (2,677) 1,387 Total liabilities 769 1,966 4,069 (2,677) 4,127 Total equity and liabilities 3,517 4,859 6,335 (7,804) 6,907 Condensed consolidating statements of financial position as at 31 December 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") ASSETS Non-current assets Tangible and right of use assets 4 — 2,740 6 2,750 Intangible assets 1 — 123 (1) 123 Investments in subsidiaries, associates and joint ventures 2,646 4,612 1,459 (7,136) 1,581 Other investments 2 2 74 (2) 76 Inventories — — 93 — 93 Trade and other receivables — 29 122 (29) 122 Deferred taxation 105 — — — 105 Cash restricted for use — — 31 — 31 2,758 4,643 4,642 (7,162) 4,881 Current Assets Other investments — 10 — — 10 Inventories, trade and other receivables, intergroup balances and other current assets 333 619 1,247 (1,317) 882 Cash restricted for use — — 33 — 33 Cash and cash equivalents 12 102 342 — 456 345 731 1,622 (1,317) 1,381 Assets held for sale 253 — 348 — 601 598 731 1,970 (1,317) 1,982 Total assets 3,356 5,374 6,612 (8,479) 6,863 EQUITY AND LIABILITIES Share capital and premium 7,199 6,096 837 (6,933) 7,199 (Accumulated losses) retained earnings and other reserves (4,559) (2,715) 1,668 1,047 (4,559) Shareholders' equity 2,640 3,381 2,505 (5,886) 2,640 Non-controlling interests — — 36 — 36 Total equity 2,640 3,381 2,541 (5,886) 2,676 Non-current liabilities 225 1,031 1,222 — 2,478 Current liabilities including intergroup balances 401 962 2,667 (2,593) 1,437 Liabilities held for sale 90 — 182 — 272 Total liabilities 716 1,993 4,071 (2,593) 4,187 Total equity and liabilities 3,356 5,374 6,612 (8,479) 6,863
Condensed Consolidating Statement of Cash Flow	Condensed consolidating statements of cash flows for the six months ended 30 June 2020 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Cash flows from operating activities Cash generated from (used by) operations (75) (7) 737 9 664 Net movement in intergroup receivables and payables 41 (141) 83 17 — Dividends received from joint ventures — 54 — — 54 Taxation paid — — (166) — (166) Net cash inflow (outflow) from operating activities from continuing operations (34) (94) 654 26 552 Net cash inflow (outflow) from operating activities from discontinued operations 30 — 22 — 52 Net cash inflow (outflow) from operating activities (4) (94) 676 26 604 Cash flows from investing activities Capital expenditure — — (307) — (307) Interest capitalised and paid — — — (7) (7) Other investments acquired — — (4) — (4) Proceeds from disposal of other investments — 9 — — 9 Disposal (acquisition) of subsidiaries — (4) 4 — — Increase in investment in subsidiaries (10) — — 10 — Decrease (increase) in cash restricted for use — — (7) — (7) Interest received 1 3 5 — 9 Net cash inflow (outflow) from investing activities from continuing operations (9) 8 (309) 3 (307) Net cash inflow (outflow) from investing activities from discontinued operations (13) — (4) — (17) Cash in subsidiaries sold and transferred to held for sale — — 2 — 2 Net cash inflow (outflow) from investing activities (22) 8 (311) 3 (322) Cash flows from financing activities Increase in share capital — — 10 (10) — Proceeds from borrowings 133 1,350 43 — 1,526 Repayment of borrowings (76) (700) (57) — (833) Finance costs paid (5) (58) (15) 7 (71) Other borrowing costs — (18) — — (18) Dividends paid (38) — (6) — (44) Intergroup dividends received (paid) 52 123 (175) — — Net cash inflow (outflow) from financing activities from continuing operations 66 697 (200) (3) 560 Net cash inflow (outflow) from financing activities from discontinued operations — — — — — Net cash inflow (outflow) from financing activities 66 697 (200) (3) 560 Net increase (decrease) in cash and cash equivalents 40 611 165 26 842 Translation (4) — 24 (26) (6) Cash and cash equivalents at beginning of period 12 102 342 — 456 Cash and cash equivalents at end of period 48 713 531 — 1,292 Condensed consolidating statements of cash flows for the six months ended 30 June 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Cash flows from operating activities Cash generated from (used by) operations (35) 3 384 — 352 Net movement in intergroup receivables and payables 29 (113) 87 (3) — Dividends received from joint ventures — 33 — — 33 Taxation refund — — 7 — 7 Taxation paid — — (75) — (75) Net cash inflow (outflow) from operating activities from continuing operations (6) (77) 403 (3) 317 Net cash inflow (outflow) from operating activities from discontinued operations 13 — 13 — 26 Net cash inflow (outflow) from operating activities 7 (77) 416 (3) 343 Cash flows from investing activities Capital expenditure — — (264) — (264) Proceeds from disposal of tangible assets — — 2 — 2 Proceeds from disposal of other investments — — 3 — 3 Investments in associates and joint ventures — — (2) — (2) Net loans repaid by (advanced to) associates and joint ventures — 4 (1) — 3 Disposal (acquisition) of subsidiaries — (3) 3 — — Increase in investment in subsidiaries (16) — — 16 — Decrease (increase) in cash restricted for use — — 15 — 15 Interest received 2 1 2 — 5 Net cash inflow (outflow) from investing activities from continuing operations (14) 2 (242) 16 (238) Net cash inflow (outflow) from investing activities from discontinued operations (26) — (3) — (29) Cash in subsidiaries sold and transferred to held for sale — — — — — Net cash inflow (outflow) from investing activities (40) 2 (245) 16 (267) Cash flows from financing activities Increase in share capital — — 16 (16) — Proceeds from borrowings 117 — 37 — 154 Repayment of borrowings (82) — (20) — (102) Finance costs paid (3) (51) (19) — (73) Dividends paid (28) — (15) — (43) Intergroup dividends received (paid) 44 131 (175) — — Net cash inflow (outflow) from financing activities from continuing operations 48 80 (176) (16) (64) Net cash inflow (outflow) from financing activities from discontinued operations — — — — — Net cash inflow (outflow) from financing activities 48 80 (176) (16) (64) Net increase (decrease) in cash and cash equivalents 15 5 (5) (3) 12 Translation 1 — (3) 3 1 Cash and cash equivalents at beginning of period 7 97 225 — 329 Cash and cash equivalents at end of period 23 102 217 — 342 Amounts have been restated in accordance with IFRS 5, refer to note 8. Condensed consolidating statements of cash flows for the year ended 31 December 2019 US Dollar million AngloGold Ashanti IOMco Other subsidiaries Consolidation adjustments Total (the "Guarantor") (the "Issuer") (the "Non-Guarantor Subsidiaries") Cash flows from operating activities Cash generated from (used by) operations (59) (8) 1,165 4 1,102 Net movement in intergroup receivables and payables 35 (205) 177 (7) — Dividends received from joint ventures — 77 — — 77 Taxation refund — — 7 — 7 Taxation paid — — (228) — (228) Net cash inflow (outflow) from operating activities from continuing operations (24) (136) 1,121 (3) 958 Net cash inflow (outflow) from operating activities from discontinued operations 58 — 31 — 89 Net cash inflow (outflow) from operating activities 34 (136) 1,152 (3) 1,047 Cash flows from investing activities Capital expenditure — — (703) — (703) Interest capitalised and paid — — — (6) (6) Proceeds from disposal of tangible assets — — 3 — 3 Other investments acquired — — (9) — (9) Proceeds from disposal of other investments — — 3 — 3 Investments in associates and joint ventures — — (5) — (5) Net loans repaid by (advanced to) associates and joint ventures 17 4 (1) — 20 Disposal (acquisition) of subsidiaries — (8) 8 — — Increase in investment in subsidiaries (16) — — 16 — Interest received 3 5 6 — 14 Net cash inflow (outflow) from investing activities from continuing operations 4 1 (698) 10 (683) Net cash inflow (outflow) from investing activities from discontinued operations (46) — (8) — (54) Cash in subsidiaries sold and transferred to held for sale — — (6) — (6) Net cash inflow (outflow) from investing activities (42) 1 (712) 10 (743) Cash flows from financing activities Increase in share capital — — 16 (16) — Proceeds from borrowings 130 — 38 — 168 Repayment of borrowings (124) — (41) — (165) Finance costs paid (10) (102) (31) 6 (137) Dividends paid (28) — (15) — (43) Intergroup dividends received (paid) 44 242 (286) — — Net cash inflow (outflow) from financing activities from continuing operations 12 140 (319) (10) (177) Net cash inflow (outflow) from financing activities from discontinued operations — — — — — Net cash inflow (outflow) from financing activities 12 140 (319) (10) (177) Net increase (decrease) in cash and cash equivalents 4 5 121 (3) 127 Translation 1 — (4) 3 — Cash and cash equivalents at beginning of year 7 97 225 — 329 Cash and cash equivalents at end of period 12 102 342 — 456

Segmental reporting (Details)

Segmental reporting (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of operating segments [line items]
Gold income	$ 1,917	$ 1,545	$ 3,439
By-products	46	37	86
Cost of sales	1,290	1,264	2,626
Gross profit (loss)	658	323	904
Amortisation expense	277	266	583
Capital expenditure	327	293	763
Total Assets	7,874	6,907	6,863
- Discontinued operations
Disclosure of operating segments [line items]
Gold income	234	244	554
By-products	0	0	1
Cost of sales	174	232	479
Gross profit (loss)	19	14	79
Amortisation expense	0	30	61
Aggregate continuing and discontinued operations
Disclosure of operating segments [line items]
Gold income	2,151	1,789	3,993
By-products	46	37	87
Cost of sales	1,464	1,496	3,105
Gross profit (loss)	677	337	983
Amortisation expense	277	296	644
Operating segments
Disclosure of operating segments [line items]
Capital expenditure	346	289	754
Operating segments | - Discontinued operations
Disclosure of operating segments [line items]
Capital expenditure	20	29	60
Continental Africa
Disclosure of operating segments [line items]
Total Assets	3,793	3,283	3,514
Australia
Disclosure of operating segments [line items]
Total Assets	945	956	972
Americas
Disclosure of operating segments [line items]
Total Assets	1,558	1,309	1,427
Corporate and other
Disclosure of operating segments [line items]
Total Assets	956	257	253
South Africa
Disclosure of operating segments [line items]
Total Assets	622	1,102	697
Consolidated and Separate
Disclosure of operating segments [line items]
Gold income	2,220	1,841	4,054
By-products	47	37	87
Cost of sales	1,454	1,484	3,054
Gross profit (loss)	798	400	1,092
Amortisation expense	328	339	720
Consolidated and Separate | Operating segments | Aggregate continuing and discontinued operations
Disclosure of operating segments [line items]
Capital expenditure	366	318	814
Consolidated and Separate | Corporate and other
Disclosure of operating segments [line items]
Gross profit (loss)	1	4	1
Consolidated and Separate | Continental Africa
Disclosure of operating segments [line items]
Gold income	1,265	971	2,203
By-products	2	1	3
Amortisation expense	186	172	367
Consolidated and Separate | Continental Africa | Operating segments
Disclosure of operating segments [line items]
Cost of sales	745	783	1,601
Gross profit (loss)	522	189	605
Capital expenditure	189	150	410
Consolidated and Separate | Australia
Disclosure of operating segments [line items]
Gold income	437	415	851
By-products	1	1	3
Amortisation expense	70	86	173
Consolidated and Separate | Australia | Operating segments
Disclosure of operating segments [line items]
Cost of sales	331	319	632
Gross profit (loss)	107	97	221
Capital expenditure	58	58	149
Consolidated and Separate | Americas
Disclosure of operating segments [line items]
Gold income	518	455	1,000
By-products	44	35	81
Amortisation expense	71	80	177
Consolidated and Separate | Americas | Operating segments
Disclosure of operating segments [line items]
Cost of sales	387	385	822
Gross profit (loss)	168	110	265
Capital expenditure	99	81	195
Consolidated and Separate | Corporate and other
Disclosure of operating segments [line items]
Amortisation expense	1	1	3
Consolidated and Separate | Corporate and other | Operating segments
Disclosure of operating segments [line items]
Cost of sales	9	3	1
Equity-accounted investments included above
Disclosure of operating segments [line items]
Gold income	303	296	615
By-products	1	0	1
Cost of sales	164	220	428
Gross profit (loss)	140	77	188
Amortisation expense	51	73	137
Capital expenditure	$ 39	$ 25	$ 51

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of revenue [Abstract]
Gold income	$ 1,917	$ 1,545	$ 3,439
By-products	46	37	86
Revenue from product sales	$ 1,963	$ 1,582	$ 3,525

Cost of sales (Details)

Cost of sales (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Cost of Sales [Abstract]
Cash operating costs	$ 858	$ 884	$ 1,831
Royalties	82	59	137
Other cash costs	6	5	13
Total cash costs	946	948	1,981
Retrenchment costs	1	2	4
Rehabilitation and other non-cash costs	29	23	53
Amortisation of tangible assets	254	243	538
Amortisation of right of use assets	22	21	42
Amortisation of intangible assets	1	2	3
Inventory change	37	25	5
Cost of sales	$ 1,290	$ 1,264	$ 2,626

Other expenses (income) (Detail

Other expenses (income) (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of other operating income (expense) [Abstract]
Care and maintenance	$ 0	$ 21	$ 47
Government fiscal claims, cost of old tailings operations and other expenses	10	5	21
Guinea public infrastructure contribution	0	0	8
Pension and medical defined benefit provisions	3	4	9
Royalties received	(1)	(1)	(3)
Brazilian power utility legal settlement	0	(16)	(16)
Retrenchment and related costs	0	2	3
Legal fees and project costs	3	6	11
Refund from insurance claim	(5)	0	0
Other indirect taxes	18	4	3
Other operating income (expense)	$ 28	$ 25	$ 83

Finance costs and unwinding o_3

Finance costs and unwinding of obligations (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of finance costs and unwinding of obligations [Abstract]
Finance costs - borrowings	$ 65	$ 69	$ 133
Finance costs - leases	4	5	10
Unwinding of obligations	17	18	29
Finance costs and unwinding of obligations	$ 86	$ 92	$ 172

Share of associates and joint_3

Share of associates and joint ventures' profit (loss) (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of associates [line items]
Net interest received (paid)	$ 9	$ 5	$ 14
Profit (loss) before taxation	597	193	619
Taxation	(208)	(62)	(250)
Profit (loss) after taxation	389	131	369
Share of associates and joint ventures' profit (loss)	119	78	168
Joint ventures
Disclosure of associates [line items]
Net impairment reversal of investments in joint ventures	0	6	6
Associates
Disclosure of associates [line items]
Net impairment reversal of investments in associates	0	10	23
Associates | Joint ventures
Disclosure of associates [line items]
Revenue	319	297	616
Operating costs and other expenses	(174)	(227)	(452)
Net interest received (paid)	6	5	10
Profit (loss) before taxation	151	75	174
Taxation	(32)	(13)	(35)
Profit (loss) after taxation	119	62	139
Share of associates and joint ventures' profit (loss)	$ 119	$ 78	$ 168

Taxation - Income tax benefit (

Taxation - Income tax benefit (expense) (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Deferred taxation
Taxation	$ 208	$ 62	$ 250
South Africa
Disclosure of Income Taxes [Line Items]
Normal taxation	1	0	0
Deferred taxation
Other temporary differences	(13)	(15)	(18)
Change in estimated deferred tax rate	0	0	(14)
Taxation	(12)	(15)	(32)
Foreign taxation
Disclosure of Income Taxes [Line Items]
Normal taxation	225	90	299
Deferred taxation
Other temporary differences	(4)	(13)	(28)
Change in estimated deferred tax rate	(2)	0	9
Prior year (over) under provision	0	4	1
Change in statutory tax rate	0	0	2
Prior year under (over) provision	1	(4)	(1)
Taxation	$ 220	$ 77	$ 282

Taxation - Narrative (Details)

Taxation - Narrative (Details) - USD ($)	1 Months Ended	6 Months Ended		12 Months Ended
	Dec. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of contingent liabilities [line items]
Contingent liabilities	$ 97,000,000	$ 97,000,000		$ 97,000,000
Argentina Tax Authority
Disclosure of contingent liabilities [line items]
Loss contingency, damages sought		9,000,000		10,000,000
Brazil Tax Authority
Disclosure of contingent liabilities [line items]
Loss contingency, damages sought		18,900,000		25,300,000
Columbian Tax Authority
Disclosure of contingent liabilities [line items]
Loss contingency, damages sought		78,000,000		88,000,000
Loss contingency, reduction of damages sought		70,000,000		76,000,000
Guinea Tax Authority
Disclosure of contingent liabilities [line items]
Loss contingency, damages sought			$ 12,000,000	12,000,000
Guinea Tax Authority | Provision for income tax
Disclosure of contingent liabilities [line items]
Other provisions	2,000,000	2,000,000		2,000,000
Mali Tax Authority
Disclosure of contingent liabilities [line items]
Loss contingency, damages sought	$ 10,000,000	11,000,000		26,000,000
Tanzania Revenue Authority
Disclosure of contingent liabilities [line items]
Agency notice tax payments		8,000,000
Amount Paid Under Protest		$ 16,000,000
Morila | Barrick Gold Corporation
Disclosure of contingent liabilities [line items]
Proportion of ownership interest in joint venture		40.00%
Tax dispute | Tanzania Tax Authority Assessment
Disclosure of contingent liabilities [line items]
Contingent liabilities		$ 59,000,000
Provision for income tax | Tanzania Revenue Authority
Disclosure of contingent liabilities [line items]
Loss contingency, damages sought		$ 218,000,000		$ 164,000,000

Discontinued operations and a_3

Discontinued operations and assets and liabilities held for sale - Narrative (Details)	Feb. 12, 2020USD ($)	Dec. 23, 2019USD ($)oz	Jun. 30, 2020USD ($)oz	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Post-employment medical defined benefit plans
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Provisions for employee benefits			$ 73,000,000
Provision for silicosis settlement total
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Legal proceedings provision			50,000,000
Societe D’Exploitation Des Mines D’Or De Sadiola S.A. | Continental Africa
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Non current assets held for sale			20,000,000
Government of Mali | Societe D’Exploitation Des Mines D’Or De Sadiola S.A.
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Proportion of ownership interest in joint venture		18.00%
AngloGold Ashanti Limited | Societe D’Exploitation Des Mines D’Or De Sadiola S.A.
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Proportion of ownership interest in joint venture		41.00%
- Discontinued operations | South African asssets
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Expected transaction consideration to be received	$ 300,000,000
Impairment reversal (loss) recognised on remeasurement to fair value less costs to sell			17,000,000	$ 0	$ (549,000,000)
Deferred taxation on impairment (reversal) loss, derecognition and profit on disposal of assets			0	$ 2,000,000	$ 164,000,000
Scenario forecast | Societe D’Exploitation Des Mines D’Or De Sadiola S.A.
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Consideration receivable, due if the cash balance of the principal asset is greater than the agreed amount at closing, period		8 days
Consideration receivable, initial production threshold | oz		250,000
Scenario forecast | AngloGold Ashanti Limited And IAMGOLD | Societe D’Exploitation Des Mines D’Or De Sadiola S.A.
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Portion of consideration paid (received) consisting of cash and cash equivalents		$ 105,000,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due upon fulfilment of conditions precedent		50,000,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due if the cash balance of the principal asset is greater than the agreed amount at closing		5,000,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due upon achieving initial production threshold		25,000,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due upon achieving additional production threshold		25,000,000
Scenario forecast | AngloGold Ashanti Limited | Societe D’Exploitation Des Mines D’Or De Sadiola S.A.
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Portion of consideration paid (received) consisting of cash and cash equivalents, due upon fulfilment of conditions precedent		25,000,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due if the cash balance of the principal asset is greater than the agreed amount at closing		2,500,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due upon achieving initial production threshold		12,500,000
Portion of consideration paid (received) consisting of cash and cash equivalents, due upon achieving additional production threshold		$ 12,500,000
Scenario forecast | - Discontinued operations | South African asssets
Non-current Assets and Liabilities Held For Sale And Discontinued Operations [Line Items]
Expected transaction consideration to be received			300,000,000
Portion of consideration paid (received) consisting of cash and cash equivalents			200,000,000
Portion of consideration paid (received) consisting of deferred consideration, above production threshold (in USD per ounce)			$ 260
Deferred consideration production threshold | oz			250,000
Deferred consideration production threshold, period			6 years
Portion of consideration paid (received) consisting of deferred consideration, below datum of current infrastructure (in USD per ounce)			$ 20

Discontinued operations and a_4

Discontinued operations and assets and liabilities held for sale - Results of discontinued operations (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of analysis of single amount of discontinued operations [line items]
Revenue from product sales	$ 1,963	$ 1,582	$ 3,525
Cost of sales	(1,290)	(1,264)	(2,626)
Gain (loss) on non-hedge derivatives and other commodity contracts	(15)	5	5
Gross profit	658	323	904
Other expenses	(28)	(25)	(83)
Derecognition of assets, impairments and profit (loss) on disposal of assets	0	2	3
Profit (loss) before taxation	597	193	619
Normal and deferred taxation on operations	208	62	250
Total profit (loss) from discontinued operations	39	(15)	(376)
- Discontinued operations
Disclosure of analysis of single amount of discontinued operations [line items]
Cost of sales	(174)	(232)	(479)
Gross profit	19	14	79
South African asssets | - Discontinued operations
Disclosure of analysis of single amount of discontinued operations [line items]
Revenue from product sales	234	244	555
Cost of sales	(174)	(232)	(479)
Gain (loss) on non-hedge derivatives and other commodity contracts	(41)	2	3
Gross profit	19	14	79
Other expenses	(14)	(19)	(44)
Derecognition of assets, impairments and profit (loss) on disposal of assets	2	(7)	(3)
Impairment reversal (loss) recognised on remeasurement to fair value less costs to sell	17	0	(549)
Profit (loss) before taxation	24	(12)	(517)
Normal and deferred taxation on operations	4	(4)	(23)
Deferred taxation on impairment (reversal) loss, derecognition and profit on disposal of assets	0	2	164
Deferred taxation on unrealised movement on derivatives and other commodity contracts	11	(1)	0
Total profit (loss) from discontinued operations	$ 39	$ (15)	$ (376)

Discontinued operations and a_5

Discontinued operations and assets and liabilities held for sale - Assets and liabilities held for sale (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Assets And Liabilities Classified As Held For Sale [Line Items]
Tangible assets and right of use assets	$ 2,805	$ 2,750	$ 3,553
Deferred taxation	83	105	0
Assets held for sale	7,874	6,863	6,907
Liabilities held for sale	4,826	4,187	$ 4,127
Disposal groups classified as held for sale
Assets And Liabilities Classified As Held For Sale [Line Items]
Assets held for sale	546	601
South African asssets | Disposal groups classified as held for sale
Assets And Liabilities Classified As Held For Sale [Line Items]
Tangible assets and right of use assets	378	429
Other investments	69	84
Inventories	31	37
Trade, other receivables and other assets	3	4
Deferred taxation	40	15
Cash and cash restricted for use	5	12
Assets held for sale	526	581
Lease liabilities	2	3
Environmental rehabilitation and other provisions	196	211
Trade and other payables	65	58
Liabilities held for sale	263	272
Net assets held for sale	263	309
Societe D’Exploitation Des Mines D’Or De Sadiola S.A. | Disposal groups classified as held for sale
Assets And Liabilities Classified As Held For Sale [Line Items]
Assets held for sale	$ 20	$ 20

Headline earnings (Details)

Headline earnings (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of earnings per share [Abstract]
Profit (loss) attributable to equity shareholders	$ 421	$ 114	$ (12)
Net impairment (impairment reversal) on held for sale assets	(17)	0	549
Net impairment (impairment reversal) on investments	0	(2)	0
Derecognition of assets	0	9	10
Net loss (profit) on disposal of assets	0	1	(3)
Taxation	0	(2)	(165)
Headline earnings (loss)	$ 404	$ 120	$ 379
Headline earnings (loss) per ordinary share (USD cents per share)	$ 97	$ 29	$ 91
Diluted headline earnings (loss) per ordinary share (USD cents per share)	$ 97	$ 29	$ 91

Headline earnings - Dilutive sh

Headline earnings - Dilutive shares (Details) - shares	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of earnings per share [Abstract]
Ordinary shares (in shares)	415,999,026	413,711,485	414,407,622
Fully vested options (in shares)	2,173,297	3,007,509	3,942,155
Weighted average number of shares (in shares)	418,172,323	416,718,994	418,349,777
Dilutive potential of share options (in shares)	176,988	355,659	0
Dilutive number of ordinary shares (in shares)	418,349,311	417,074,653	418,349,777

Share capital and premium (Deta

Share capital and premium (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of classes of share capital [line items]
Share capital	$ 17	$ 16	$ 17
Balance at beginning of period	7,235	7,208	7,208
Ordinary shares issued	12	21	27
Balance at end of period	7,247	7,229	7,235
Redeemable preference shares	(53)	(53)	(53)
Balance at end of period	7,194	7,176	7,182
Share capital and premium	7,211	7,192	7,199
Authorised:
Disclosure of classes of share capital [line items]
Share capital	23	23	23
Authorised: | Ordinary shares
Disclosure of classes of share capital [line items]
Share capital	23	23	23
Authorised: | Series A redeemable preferred shares
Disclosure of classes of share capital [line items]
Share capital	0	0	0
Authorised: | Series B redeemable preferred shares
Disclosure of classes of share capital [line items]
Share capital	0	0	0
Authorised: | Series C redeemable preferred shares
Disclosure of classes of share capital [line items]
Share capital	0	0	0
Issued and fully paid:
Disclosure of classes of share capital [line items]
Share capital	17
Issued and fully paid: | Ordinary shares
Disclosure of classes of share capital [line items]
Share capital	17	16	17
Issued and fully paid: | Series A redeemable preferred shares
Disclosure of classes of share capital [line items]
Share capital	0	0	0
Issued and fully paid: | Series B redeemable preferred shares
Disclosure of classes of share capital [line items]
Share capital	0	0	0
Treasury shares held within the group | Series A and B redeemable preference shares
Disclosure of classes of share capital [line items]
Share capital	$ 0	$ 0	$ 0

Share capital and premium -Pare

Share capital and premium -Parenthetical (Details) - R / shares	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Ordinary shares
Disclosure of classes of share capital [line items]
Number of shares authorised (in shares)	600,000,000
Number of shares issued and fully paid (in shares)	416,603,645	415,301,215	414,656,454
Series A redeemable preferred shares
Disclosure of classes of share capital [line items]
Number of shares authorised (in shares)	2,000,000
Number of shares issued and fully paid (in shares)	2,000,000
Series B redeemable preferred shares
Disclosure of classes of share capital [line items]
Number of shares authorised (in shares)	5,000,000
Number of shares issued and fully paid (in shares)	778,896
Series C redeemable preferred shares
Disclosure of classes of share capital [line items]
Number of shares authorised (in shares)	30,000,000
Authorised: | Ordinary shares
Disclosure of classes of share capital [line items]
Par value per share (USD per share)	R 0.25
Authorised: | Series A redeemable preferred shares
Disclosure of classes of share capital [line items]
Par value per share (USD per share)	0.50
Authorised: | Series B redeemable preferred shares
Disclosure of classes of share capital [line items]
Par value per share (USD per share)	0.01
Issued and fully paid: | Ordinary shares
Disclosure of classes of share capital [line items]
Par value per share (USD per share)	0.25
Issued and fully paid: | Series A redeemable preferred shares
Disclosure of classes of share capital [line items]
Par value per share (USD per share)	0.50
Issued and fully paid: | Series B redeemable preferred shares
Disclosure of classes of share capital [line items]
Par value per share (USD per share)	R 0.01
Treasury shares held within the group | Series A and B redeemable preference shares
Disclosure of classes of share capital [line items]
Treasury shares held within the group (in shares)	2,778,896

Borrowings (Details)

Borrowings (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of borrowing costs [Abstract]
Opening balance	$ 2,033	$ 2,050	$ 2,050
Proceeds from borrowings	1,526	154	168
Repayment of borrowings	(811)	(82)	(123)
Finance costs paid on borrowings	(69)	(61)	(122)
Interest charged to the income statement	62	62	127
Deferred loan fees	0	(9)	(7)
Reclassification of finance leases to lease liabilities	0	(60)	(60)
Translation	(13)	1	0
Closing balance	2,728	2,055	2,033
Finance costs paid on borrowings	69	61	122
Capitalised finance cost	(7)	0	(6)
Commitment fees, environmental guarantees fees and other	5	7	12
Total finance costs paid	67	$ 68	128
Translation	$ 7		$ 2

Cash generated from operation_2

Cash generated from operations (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Statement of cash flows [abstract]
Profit (loss) before taxation	$ 597	$ 193	$ 619
Adjusted for:
Movement on non-hedge derivatives and other commodity contracts	10	(5)	(6)
Amortisation of tangible and right of use assets	276	264	580
Amortisation of intangible assets	1	2	3
Finance costs and unwinding of obligations	86	92	172
Environmental, rehabilitation and other expenditure	(20)	(8)	(6)
Impairment, derecognition of assets and (profit) loss on disposal	0	2	3
Other expenses (income)	32	13	41
Interest income	(9)	(5)	(14)
Share of associates and joint ventures' (profit) loss	(119)	(78)	(168)
Other non-cash movements	2	30	43
Movements in working capital	(192)	(148)	(165)
Cash generated from operations	664	352	1,102
(Increase) decrease in inventories	(71)	(24)	(67)
(Increase) decrease in trade and other receivables	(75)	(88)	(138)
Increase (decrease) in trade, other payables and provisions	(46)	(36)	40
Movements in working capital	$ (192)	$ (148)	$ (165)

Financial risk management act_3

Financial risk management activities - Fair value of financial instruments (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Disclosure of detailed information about financial instruments [abstract]
Carrying amount	$ 2,728	$ 2,033	$ 2,055
Fair value	$ 2,826	$ 2,135	$ 2,149

Financial risk management act_4

Financial risk management activities - Assets measured at fair value on a recurring basis (Details) $ in Millions	1 Months Ended		6 Months Ended
	Feb. 29, 2020$ / bblbbl	Jan. 31, 2020oz$ / oz	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)
Disclosure of fair value measurement of assets [line items]
Total Assets			$ 7,874	$ 6,863	$ 6,907
Liabilities			4,826	4,187	4,127
Brent crude oil, February 2020 to December 2020
Disclosure of fair value measurement of assets [line items]
Option strike price | $ / bbl	45
Average option strike price | $ / bbl	65
Derivative commodity contract, oil | bbl	342,000
Brent crude oil, March 2020 to December 2020
Disclosure of fair value measurement of assets [line items]
Option strike price | $ / bbl	44.50
Average option strike price | $ / bbl	65
Derivative commodity contract, oil | bbl	622,000
Brent crude oil
Disclosure of fair value measurement of assets [line items]
Unrealised loss on derivatives			3
Realised loss on derivatives			4
Argentina | Gold, February 2020 to December 2020
Disclosure of fair value measurement of assets [line items]
Asian style zero-cost collars | oz		130,900
Option strike price | $ / oz		1,500
Average option strike price | $ / oz		1,701.34
Unrealised loss on derivatives			7
Realised loss on derivatives			1
Other equity securities FVTPL
Disclosure of fair value measurement of assets [line items]
Total Assets			19	21	20
Other equity securities FVTPL | Level 1
Disclosure of fair value measurement of assets [line items]
Total Assets			15	21	20
Other equity securities FVTPL | Level 2
Disclosure of fair value measurement of assets [line items]
Total Assets			4
Other equity securities FVOCI
Disclosure of fair value measurement of assets [line items]
Total Assets			132	82	62
Other equity securities FVOCI | Level 1
Disclosure of fair value measurement of assets [line items]
Total Assets			132	$ 82	$ 62
Gold and oil derivative contracts
Disclosure of fair value measurement of assets [line items]
Liabilities			10
Gold and oil derivative contracts | Level 2
Disclosure of fair value measurement of assets [line items]
Liabilities			$ 10

Financial risk management act_5

Financial risk management activities - Environmental obligations (Details) - Jun. 30, 2020 - Provision for decommissioning, restoration and rehabilitation costs $ in Thousands, R in Millions, $ in Millions	USD ($)	ZAR (R)	AUD ($)
South Africa
Disclosure of other provisions [line items]
Other investments | R		R 1,168
Bond guarantees issued by banks | R		549
Carrying value of liability | R		R 873
Australia
Disclosure of other provisions [line items]
Carrying value of liability			$ 144.3
Annual payment to trust fund			$ 6.8
Ghana | Iduapriem Site
Disclosure of other provisions [line items]
Bond guarantees issued by banks	$ 36,400
Carrying value of liability	51,500
Cash component of bond	10,200
Ghana | Obuasi Site
Disclosure of other provisions [line items]
Bond guarantees issued by banks	30,000
Carrying value of liability	197,600
Cash component of bond	$ 20,960

Capital commitments (Details)

Capital commitments (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Disclosure of capital commitments [line items]
Orders placed and outstanding on capital contracts at the prevailing rate of exchange	$ 138	$ 161	$ 223
- Discontinued operations
Disclosure of capital commitments [line items]
Orders placed and outstanding on capital contracts at the prevailing rate of exchange	$ 7	$ 7	$ 8

Contractual commitments and c_3

Contractual commitments and contingencies - Contingencies (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Feb. 20, 2014
Disclosure of contingent liabilities [line items]
Contingent liabilities	$ 97	$ 97
Litigation | AngloGold Ashanti (Ghana) Limited
Disclosure of contingent liabilities [line items]
Contingent liabilities	97	97	$ 97
Litigation | Newmont Mining Co. Litigation
Disclosure of contingent liabilities [line items]
Contingent liabilities	0	0
Groundwater pollution | Groundwater contamination plumes
Disclosure of contingent liabilities [line items]
Contingent liabilities	0	0
Groundwater pollution | Deep groundwater pollution
Disclosure of contingent liabilities [line items]
Contingent liabilities	$ 0	$ 0

Change in presentation of "Sp_3

Change in presentation of "Special Items" disclosure from prior periods (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of reclassifications or changes in presentation [line items]
Gross profit (loss)	$ 658	$ 323	$ 904
Corporate administration, marketing and other expenses	(36)	(41)	(82)
Exploration and evaluation costs	(56)	(51)	(112)
Other (expenses) income	(28)	(25)	(83)
Operating profit (loss)	$ 537	203	$ 621
Previously reported
Disclosure of reclassifications or changes in presentation [line items]
Gross profit (loss)		337
Corporate administration, marketing and other expenses		(40)
Exploration and evaluation costs		(51)
Other (expenses) income		(49)
Special items		(6)
Operating profit (loss)		191
Restated
Disclosure of reclassifications or changes in presentation [line items]
Gross profit (loss)		337
Corporate administration, marketing and other expenses		(40)
Exploration and evaluation costs		(51)
Impairment, derecognition of assets and profit (loss) on disposal		(10)
Other (expenses) income		(45)
Operating profit (loss)		$ 191

COVID-19 pandemic (Details)

COVID-19 pandemic (Details) R in Millions, $ in Millions	Jun. 04, 2020	Apr. 15, 2020	Aug. 07, 2020numberOfEmployees	Jun. 30, 2020USD ($)	Jun. 30, 2020ZAR (R)
Disclosure of non-adjusting events after reporting period [line items]
Production capacity	50.00%	50.00%	100.00%
Number of foreign-based mine workers | numberOfEmployees			1,200
Percentage of foreign-based mine workers			2000.00%
Donations | $				$ 5
South Africa
Disclosure of non-adjusting events after reporting period [line items]
Donations				$ 1.2	R 20

Announcements and subsequent _2

Announcements and subsequent events (Details) $ in Millions	Apr. 15, 2020USD ($)	Feb. 21, 2020R / shares	Feb. 12, 2020USD ($)
Disclosure of associates [line items]
Dividends recognised as distributions to owners per share (in South African cents per share) | R / shares		R 1.65
$700 million 10-year bond
Disclosure of associates [line items]
Repayments of non-current borrowings	$ 700
Borrowings term	10 years
South African asssets | - Discontinued operations
Disclosure of associates [line items]
Expected transaction consideration to be received			$ 300

Supplemental condensed consol_3

Supplemental condensed consolidating financial information - Narrative (Details)	6 Months Ended
	Jun. 30, 2020
AngloGold Ashanti Limited | AngloGold Ashanti Holdings plc (IOMco)
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100.00%

Supplemental condensed consol_4

Supplemental condensed consolidating financial information - Condensed consolidating income statement (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Condensed Income Statement [Line Items]
Revenue from product sales	$ 1,963	$ 1,582	$ 3,525
Cost of sales	(1,290)	(1,264)	(2,626)
Gain (loss) on non-hedge derivatives and other commodity contracts	(15)	5	5
Gross profit	658	323	904
Corporate administration, marketing and other income (expenses)	(36)	(41)	(82)
Exploration and evaluation costs	(56)	(51)	(112)
Impairment, derecognition of assets and profit (loss) on disposal	(1)	(3)	(6)
Other (expenses) income	(28)	(25)	(83)
Operating profit (loss)	537	203	621
Interest income	9	5	14
Foreign exchange gains (losses)	18	(1)	(12)
Finance costs and unwinding of obligations	(86)	(92)	(172)
Share of associates and joint ventures' profit (loss)	119	78	168
Equity gain (loss) in subsidiaries	0	0	0
Profit (loss) before taxation	597	193	619
Taxation	(208)	(62)	(250)
Profit (loss) from continuing operations	389	131	369
Profit (loss) from discontinued operations	39	(15)	(376)
Profit (loss) for the period	428	116	(7)
Equity shareholders
- Continuing operations	382	129	364
- Discontinued operations	39	(15)	(376)
Non-controlling interests
- Continuing operations	7	2	5
Total comprehensive income (loss) for the period, net of tax	412
- Continuing operations	(7)	(2)	(5)
Comprehensive income, attributable to owners of parent	424	133	378
Aggregate continuing and discontinued operations
Condensed Income Statement [Line Items]
Cost of sales	(1,464)	(1,496)	(3,105)
Gross profit	677	337	983
Non-controlling interests
Total comprehensive income (loss) for the period, net of tax	412	120	7
- Continuing operations	(7)	(2)	(5)
Comprehensive income, attributable to owners of parent	405	118	2
Reportable Legal Entities | AngloGold Ashanti (the “Guarantor”)
Condensed Income Statement [Line Items]
Revenue from product sales	0	0	0
Cost of sales	2	2	(1)
Gain (loss) on non-hedge derivatives and other commodity contracts	0	0	0
Gross profit	2	2	(1)
Corporate administration, marketing and other income (expenses)	(43)	(24)	(41)
Exploration and evaluation costs	0	0	0
Impairment, derecognition of assets and profit (loss) on disposal	0	0	0
Other (expenses) income	(2)	(8)	(10)
Operating profit (loss)	(43)	(30)	(52)
Interest income	1	2	3
Foreign exchange gains (losses)	0	0	0
Finance costs and unwinding of obligations	(7)	(8)	(16)
Share of associates and joint ventures' profit (loss)	0	0	0
Equity gain (loss) in subsidiaries	392	156	302
Profit (loss) before taxation	343	120	237
Taxation	13	16	32
Profit (loss) from continuing operations	356	136	269
Profit (loss) from discontinued operations	65	(22)	(281)
Profit (loss) for the period	421	114	(12)
Equity shareholders
- Continuing operations	356	136	269
- Discontinued operations	65	(22)	(281)
Non-controlling interests
- Continuing operations	0	0	0
Reportable Legal Entities | AngloGold Ashanti (the “Guarantor”) | Aggregate continuing and discontinued operations
Non-controlling interests
Total comprehensive income (loss) for the period, net of tax	405	118	2
- Continuing operations	0	0	0
Comprehensive income, attributable to owners of parent	405	118	2
Reportable Legal Entities | IOMco (the “Issuer”)
Condensed Income Statement [Line Items]
Revenue from product sales	0	0	0
Cost of sales	0	0	0
Gain (loss) on non-hedge derivatives and other commodity contracts	0	0	0
Gross profit	0	0	0
Corporate administration, marketing and other income (expenses)	(5)	3	(6)
Exploration and evaluation costs	0	0	0
Impairment, derecognition of assets and profit (loss) on disposal	0	0	(3)
Other (expenses) income	0	3	3
Operating profit (loss)	(5)	6	(6)
Interest income	3	1	6
Foreign exchange gains (losses)	(1)	(2)	(4)
Finance costs and unwinding of obligations	(57)	(53)	(106)
Share of associates and joint ventures' profit (loss)	0	0	0
Equity gain (loss) in subsidiaries	521	294	815
Profit (loss) before taxation	461	246	705
Taxation	0	0	0
Profit (loss) from continuing operations	461	246	705
Profit (loss) from discontinued operations	0	0	0
Profit (loss) for the period	461	246	705
Equity shareholders
- Continuing operations	461	246	705
- Discontinued operations	0	0	0
Non-controlling interests
- Continuing operations	0	0	0
Reportable Legal Entities | IOMco (the “Issuer”) | Aggregate continuing and discontinued operations
Non-controlling interests
Total comprehensive income (loss) for the period, net of tax	482	243	717
- Continuing operations	0	0	0
Comprehensive income, attributable to owners of parent	482	243	717
Reportable Legal Entities | Other subsidiaries (the “Non-Guarantor Subsidiaries”)
Condensed Income Statement [Line Items]
Revenue from product sales	1,963	1,582	3,525
Cost of sales	(1,292)	(1,266)	(2,625)
Gain (loss) on non-hedge derivatives and other commodity contracts	(8)	5	5
Gross profit	663	321	905
Corporate administration, marketing and other income (expenses)	(4)	(10)	(17)
Exploration and evaluation costs	(56)	(51)	(112)
Impairment, derecognition of assets and profit (loss) on disposal	(1)	(3)	(6)
Other (expenses) income	(26)	(16)	135
Operating profit (loss)	576	241	905
Interest income	5	2	5
Foreign exchange gains (losses)	19	1	(8)
Finance costs and unwinding of obligations	(29)	(31)	(56)
Share of associates and joint ventures' profit (loss)	119	68	154
Equity gain (loss) in subsidiaries	0	0	0
Profit (loss) before taxation	690	281	1,000
Taxation	(221)	(78)	(282)
Profit (loss) from continuing operations	469	203	718
Profit (loss) from discontinued operations	(26)	7	(95)
Profit (loss) for the period	443	210	623
Equity shareholders
- Continuing operations	462	201	713
- Discontinued operations	(26)	7	(95)
Non-controlling interests
- Continuing operations	7	2	5
Reportable Legal Entities | Other subsidiaries (the “Non-Guarantor Subsidiaries”) | Aggregate continuing and discontinued operations
Non-controlling interests
Total comprehensive income (loss) for the period, net of tax	464	207	618
- Continuing operations	(7)	(2)	(5)
Comprehensive income, attributable to owners of parent	457	205	613
Consolidation, Eliminations
Condensed Income Statement [Line Items]
Revenue from product sales	0	0	0
Cost of sales	0	0	0
Gain (loss) on non-hedge derivatives and other commodity contracts	(7)	0	0
Gross profit	(7)	0	0
Corporate administration, marketing and other income (expenses)	16	(10)	(18)
Exploration and evaluation costs	0	0	0
Impairment, derecognition of assets and profit (loss) on disposal	0	0	3
Other (expenses) income	0	(4)	(211)
Operating profit (loss)	9	(14)	(226)
Interest income	0	0	0
Foreign exchange gains (losses)	0	0	0
Finance costs and unwinding of obligations	7	0	6
Share of associates and joint ventures' profit (loss)	0	10	14
Equity gain (loss) in subsidiaries	(913)	(450)	(1,117)
Profit (loss) before taxation	(897)	(454)	(1,323)
Taxation	0	0	0
Profit (loss) from continuing operations	(897)	(454)	(1,323)
Profit (loss) from discontinued operations	0	0	0
Profit (loss) for the period	(897)	(454)	(1,323)
Equity shareholders
- Continuing operations	(897)	(454)	(1,323)
- Discontinued operations	0	0	0
Non-controlling interests
- Continuing operations	0	0	0
Consolidation, Eliminations | Aggregate continuing and discontinued operations
Non-controlling interests
Total comprehensive income (loss) for the period, net of tax	(939)	(448)	(1,330)
- Continuing operations	0	0	0
Comprehensive income, attributable to owners of parent	$ (939)	$ (448)	$ (1,330)

Supplemental condensed consol_5

Supplemental condensed consolidating financial information - Condensed consolidating statement of financial position (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Non-current assets
Tangible and right of use assets	$ 2,805	$ 2,750	$ 3,553
Intangible assets	120	123	121
Investments in subsidiaries, associates and joint ventures	1,644	1,581	1,573
Other investments	137	76	136
Inventories	80	93	126
Trade and other receivables	147	122	119
Deferred taxation	83	105	0
Cash restricted for use	31	31	36
Total Non-current assets	5,047	4,881	5,664
Current assets
Other investments	0	10	7
Inventories, trade and other receivables, intergroup balances and other current assets	955	882	877
Cash restricted for use	34	33	17
Cash and cash equivalents	1,292	456	342	$ 329
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	2,281	1,381	1,243
Assets held for sale	546	601	0
Total Current assets	2,827	1,982	1,243
Total assets	7,874	6,863	6,907
EQUITY AND LIABILITIES
Share capital and premium	7,211	7,199	7,192
(Accumulated losses) retained earnings and other reserves	(4,199)	(4,559)	(4,444)
Shareholders' equity	3,012	2,640	2,748
Non-controlling interests	36	36	32
Total equity	3,048	2,676	2,780	2,694
Non-current liabilities	3,758	2,478	2,740
Current liabilities including intergroup balances	805	1,437	1,387
Liabilities held for sale	263	272
Total liabilities	4,826	4,187	4,127
Total equity and liabilities	7,874	6,863	6,907
Consolidation, Eliminations
Non-current assets
Tangible and right of use assets	13	6	0
Intangible assets	(1)	(1)	(1)
Investments in subsidiaries, associates and joint ventures	(7,753)	(7,136)	(6,613)
Other investments	(2)	(2)	(2)
Inventories	0	0	0
Trade and other receivables	(29)	(29)	(29)
Deferred taxation	0	0
Cash restricted for use	0	0	0
Total Non-current assets	(7,772)	(7,162)	(6,645)
Current assets
Other investments		0	0
Inventories, trade and other receivables, intergroup balances and other current assets	(1,414)	(1,317)	(1,159)
Cash restricted for use	0	0	0
Cash and cash equivalents	0	0	0	0
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	(1,414)	(1,317)	(1,159)
Assets held for sale	0	0
Total Current assets	(1,414)	(1,317)
Total assets	(9,186)	(8,479)	(7,804)
EQUITY AND LIABILITIES
Share capital and premium	(6,943)	(6,933)	(6,933)
(Accumulated losses) retained earnings and other reserves	423	1,047	1,806
Shareholders' equity	(6,520)	(5,886)	(5,127)
Non-controlling interests	0	0	0
Total equity	(6,520)	(5,886)	(5,127)
Non-current liabilities	0	0	0
Current liabilities including intergroup balances	(2,666)	(2,593)	(2,677)
Total liabilities	(2,666)	(2,593)	(2,677)
Total equity and liabilities	(9,186)	(8,479)	(7,804)
AngloGold Ashanti (the “Guarantor”) | Reportable Legal Entities
Non-current assets
Tangible and right of use assets	3	4	632
Intangible assets	0	1	1
Investments in subsidiaries, associates and joint ventures	2,985	2,646	2,504
Other investments	1	2	1
Inventories	0	0	0
Trade and other receivables	0	0	0
Deferred taxation	83	105
Cash restricted for use	0	0	0
Total Non-current assets	3,072	2,758	3,138
Current assets
Other investments		0	0
Inventories, trade and other receivables, intergroup balances and other current assets	253	333	356
Cash restricted for use	0	0	0
Cash and cash equivalents	48	12	23	7
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	301	345	379
Assets held for sale	267	253
Total Current assets	568	598
Total assets	3,640	3,356	3,517
EQUITY AND LIABILITIES
Share capital and premium	7,211	7,199	7,192
(Accumulated losses) retained earnings and other reserves	(4,199)	(4,559)	(4,444)
Shareholders' equity	3,012	2,640	2,748
Non-controlling interests	0	0	0
Total equity	3,012	2,640	2,748
Non-current liabilities	229	225	345
Current liabilities including intergroup balances	323	401	424
Liabilities held for sale	76	90
Total liabilities	628	716	769
Total equity and liabilities	3,640	3,356	3,517
IOMco (the “Issuer”) | Reportable Legal Entities
Non-current assets
Tangible and right of use assets	0	0	0
Intangible assets	0	0	0
Investments in subsidiaries, associates and joint ventures	4,885	4,612	4,245
Other investments	2	2	2
Inventories	0	0	0
Trade and other receivables	29	29	29
Deferred taxation	0	0
Cash restricted for use	0	0	0
Total Non-current assets	4,916	4,643	4,276
Current assets
Other investments		10	7
Inventories, trade and other receivables, intergroup balances and other current assets	755	619	474
Cash restricted for use	0	0	0
Cash and cash equivalents	713	102	102	97
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	1,468	731	583
Assets held for sale	0	0
Total Current assets	1,468	731
Total assets	6,384	5,374	4,859
EQUITY AND LIABILITIES
Share capital and premium	6,096	6,096	6,096
(Accumulated losses) retained earnings and other reserves	(2,390)	(2,715)	(3,203)
Shareholders' equity	3,706	3,381	2,893
Non-controlling interests	0	0	0
Total equity	3,706	3,381	2,893
Non-current liabilities	2,383	1,031	1,028
Current liabilities including intergroup balances	295	962	938
Total liabilities	2,678	1,993	1,966
Total equity and liabilities	6,384	5,374	4,859
Other subsidiaries (the “Non-Guarantor Subsidiaries”) | Reportable Legal Entities
Non-current assets
Tangible and right of use assets	2,789	2,740	2,921
Intangible assets	121	123	121
Investments in subsidiaries, associates and joint ventures	1,527	1,459	1,437
Other investments	136	74	135
Inventories	80	93	126
Trade and other receivables	147	122	119
Deferred taxation	0	0
Cash restricted for use	31	31	36
Total Non-current assets	4,831	4,642	4,895
Current assets
Other investments		0	0
Inventories, trade and other receivables, intergroup balances and other current assets	1,361	1,247	1,206
Cash restricted for use	34	33	17
Cash and cash equivalents	531	342	217	$ 225
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	1,926	1,622	1,440
Assets held for sale	279	348
Total Current assets	2,205	1,970
Total assets	7,036	6,612	6,335
EQUITY AND LIABILITIES
Share capital and premium	847	837	837
(Accumulated losses) retained earnings and other reserves	1,967	1,668	1,397
Shareholders' equity	2,814	2,505	2,234
Non-controlling interests	36	36	32
Total equity	2,850	2,541	2,266
Non-current liabilities	1,146	1,222	1,367
Current liabilities including intergroup balances	2,853	2,667	2,702
Liabilities held for sale	187	182
Total liabilities	4,186	4,071	4,069
Total equity and liabilities	$ 7,036	$ 6,612	$ 6,335

Supplemental condensed consol_6

Supplemental condensed consolidating financial information - Condensed consolidating statement of cash flow (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Cash flows from operating activities
Cash generated from (used by) operations	$ 664	$ 352	$ 1,102
Net movement in intergroup receivables and payables	0	0	0
Dividends received from joint ventures	54	33	77
Taxation refund	0	7	7
Taxation paid	(166)	(75)	(228)
Net cash inflow (outflow) from operating activities from continuing operations	552	317	958
Net cash inflow (outflow) from operating activities from discontinued operations	52	26	89
Net cash inflow (outflow) from operating activities	604	343	1,047
Cash flows from investing activities
Capital expenditure	(307)	(264)	(703)
Interest capitalised and paid	(7)		(6)
Proceeds from disposal of tangible assets	0	2	3
Other investments acquired	(4)	0	(9)
Proceeds from disposal of other investments	9	3	3
Investments in associates and joint ventures	0	(2)	(5)
Net loans repaid by (advanced to) associates and joint ventures		(3)	20
Disposal (acquisition) of subsidiaries	0	0	0
Increase in investment in subsidiaries	0	0	0
Decrease (increase) in cash restricted for use	(7)	15	0
Interest received	9	5	14
Net cash inflow (outflow) from investing activities from continuing operations	(307)	(238)	(683)
Net cash inflow (outflow) from investing activities from discontinued operations	(17)	(29)	(54)
Cash in subsidiaries sold and transferred to held for sale	2	0	(6)
Net cash inflow (outflow) from investing activities	(322)	(267)	(743)
Cash flows from financing activities
Increase in share capital	0	0	0
Proceeds from borrowings	1,526	154	168
Repayment of borrowings	(833)	(102)	(165)
Finance costs paid	(71)	(73)	(137)
Other borrowing costs	18	0	0
Dividends paid	(44)	(43)	(43)
Intergroup dividends received (paid)	0	0	0
Net cash inflow (outflow) from financing activities from continuing operations	560	(64)	(177)
Net cash inflow (outflow) from financing activities from discontinued operations	0	0	0
Net cash inflow (outflow) from financing activities	560	(64)	(177)
Net increase (decrease) in cash and cash equivalents	842	12	127
Translation	(6)	1	0
Cash and cash equivalents at beginning of period	456	329	329
Cash and cash equivalents at end of period	1,292	342	456
Consolidation, Eliminations
Cash flows from operating activities
Cash generated from (used by) operations	9	0	4
Net movement in intergroup receivables and payables	17	(3)	(7)
Dividends received from joint ventures	0	0	0
Taxation refund		0	0
Taxation paid	0	0	0
Net cash inflow (outflow) from operating activities from continuing operations	26	(3)	(3)
Net cash inflow (outflow) from operating activities from discontinued operations	0	0	0
Net cash inflow (outflow) from operating activities	26	(3)	(3)
Cash flows from investing activities
Capital expenditure	0	0	0
Interest capitalised and paid	(7)		(6)
Proceeds from disposal of tangible assets		0	0
Other investments acquired	0		0
Proceeds from disposal of other investments	0	0	0
Investments in associates and joint ventures		0	0
Net loans repaid by (advanced to) associates and joint ventures		0	0
Disposal (acquisition) of subsidiaries	0	0	0
Increase in investment in subsidiaries	10	16	16
Decrease (increase) in cash restricted for use	0	0
Interest received	0	0	0
Net cash inflow (outflow) from investing activities from continuing operations	3	16	10
Net cash inflow (outflow) from investing activities from discontinued operations	0	0	0
Cash in subsidiaries sold and transferred to held for sale	0	0	0
Net cash inflow (outflow) from investing activities	3	16	10
Cash flows from financing activities
Increase in share capital	(10)	(16)	(16)
Proceeds from borrowings	0	0	0
Repayment of borrowings	0	0	0
Finance costs paid	7	0	6
Other borrowing costs	0
Dividends paid	0	0	0
Intergroup dividends received (paid)	0	0	0
Net cash inflow (outflow) from financing activities from continuing operations	(3)	(16)	(10)
Net cash inflow (outflow) from financing activities from discontinued operations	0	0	0
Net cash inflow (outflow) from financing activities	(3)	(16)	(10)
Net increase (decrease) in cash and cash equivalents	26	(3)	(3)
Translation	(26)	3	3
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	0	0	0
AngloGold Ashanti (the “Guarantor”) | Reportable Legal Entities
Cash flows from operating activities
Cash generated from (used by) operations	(75)	(35)	(59)
Net movement in intergroup receivables and payables	41	29	35
Dividends received from joint ventures	0	0	0
Taxation refund		0	0
Taxation paid	0	0	0
Net cash inflow (outflow) from operating activities from continuing operations	(34)	(6)	(24)
Net cash inflow (outflow) from operating activities from discontinued operations	30	13	58
Net cash inflow (outflow) from operating activities	(4)	7	34
Cash flows from investing activities
Capital expenditure	0	0	0
Interest capitalised and paid	0
Proceeds from disposal of tangible assets		0	0
Other investments acquired	0		0
Proceeds from disposal of other investments	0	0	0
Investments in associates and joint ventures		0	0
Net loans repaid by (advanced to) associates and joint ventures		0	17
Disposal (acquisition) of subsidiaries	0	0	0
Increase in investment in subsidiaries	(10)	(16)	(16)
Decrease (increase) in cash restricted for use	0	0
Interest received	1	2	3
Net cash inflow (outflow) from investing activities from continuing operations	(9)	(14)	4
Net cash inflow (outflow) from investing activities from discontinued operations	(13)	(26)	(46)
Cash in subsidiaries sold and transferred to held for sale	0	0	0
Net cash inflow (outflow) from investing activities	(22)	(40)	(42)
Cash flows from financing activities
Increase in share capital	0	0	0
Proceeds from borrowings	133	117	130
Repayment of borrowings	(76)	(82)	(124)
Finance costs paid	(5)	(3)	(10)
Other borrowing costs	0
Dividends paid	(38)	(28)	(28)
Intergroup dividends received (paid)	52	44	44
Net cash inflow (outflow) from financing activities from continuing operations	66	48	12
Net cash inflow (outflow) from financing activities from discontinued operations	0	0	0
Net cash inflow (outflow) from financing activities	66	48	12
Net increase (decrease) in cash and cash equivalents	40	15	4
Translation	(4)	1	1
Cash and cash equivalents at beginning of period	12	7	7
Cash and cash equivalents at end of period	48	23	12
IOMco (the “Issuer”) | Reportable Legal Entities
Cash flows from operating activities
Cash generated from (used by) operations	(7)	3	(8)
Net movement in intergroup receivables and payables	(141)	(113)	(205)
Dividends received from joint ventures	54	33	77
Taxation refund		0	0
Taxation paid	0	0	0
Net cash inflow (outflow) from operating activities from continuing operations	(94)	(77)	(136)
Net cash inflow (outflow) from operating activities from discontinued operations	0	0	0
Net cash inflow (outflow) from operating activities	(94)	(77)	(136)
Cash flows from investing activities
Capital expenditure	0	0	0
Interest capitalised and paid	0
Proceeds from disposal of tangible assets		0	0
Other investments acquired	0		0
Proceeds from disposal of other investments	9	0	0
Investments in associates and joint ventures		0	0
Net loans repaid by (advanced to) associates and joint ventures		4	4
Disposal (acquisition) of subsidiaries	(4)	(3)	(8)
Increase in investment in subsidiaries	0	0	0
Decrease (increase) in cash restricted for use	0	0
Interest received	3	1	5
Net cash inflow (outflow) from investing activities from continuing operations	8	2	1
Net cash inflow (outflow) from investing activities from discontinued operations	0	0	0
Cash in subsidiaries sold and transferred to held for sale	0	0	0
Net cash inflow (outflow) from investing activities	8	2	1
Cash flows from financing activities
Increase in share capital	0	0	0
Proceeds from borrowings	1,350	0	0
Repayment of borrowings	(700)	0	0
Finance costs paid	(58)	(51)	(102)
Other borrowing costs	18
Dividends paid	0	0	0
Intergroup dividends received (paid)	123	131	242
Net cash inflow (outflow) from financing activities from continuing operations	697	80	140
Net cash inflow (outflow) from financing activities from discontinued operations	0	0	0
Net cash inflow (outflow) from financing activities	697	80	140
Net increase (decrease) in cash and cash equivalents	611	5	5
Translation	0	0	0
Cash and cash equivalents at beginning of period	102	97	97
Cash and cash equivalents at end of period	713	102	102
Other subsidiaries (the “Non-Guarantor Subsidiaries”) | Reportable Legal Entities
Cash flows from operating activities
Cash generated from (used by) operations	737	384	1,165
Net movement in intergroup receivables and payables	83	87	177
Dividends received from joint ventures	0	0	0
Taxation refund		7	7
Taxation paid	(166)	(75)	(228)
Net cash inflow (outflow) from operating activities from continuing operations	654	403	1,121
Net cash inflow (outflow) from operating activities from discontinued operations	22	13	31
Net cash inflow (outflow) from operating activities	676	416	1,152
Cash flows from investing activities
Capital expenditure	(307)	(264)	(703)
Interest capitalised and paid	0
Proceeds from disposal of tangible assets		2	3
Other investments acquired	(4)		(9)
Proceeds from disposal of other investments	0	3	3
Investments in associates and joint ventures		(2)	(5)
Net loans repaid by (advanced to) associates and joint ventures		1	(1)
Disposal (acquisition) of subsidiaries	4	3	8
Increase in investment in subsidiaries	0	0	0
Decrease (increase) in cash restricted for use	(7)	15
Interest received	5	2	6
Net cash inflow (outflow) from investing activities from continuing operations	(309)	(242)	(698)
Net cash inflow (outflow) from investing activities from discontinued operations	(4)	(3)	(8)
Cash in subsidiaries sold and transferred to held for sale	2	0	(6)
Net cash inflow (outflow) from investing activities	(311)	(245)	(712)
Cash flows from financing activities
Increase in share capital	10	16	16
Proceeds from borrowings	43	37	38
Repayment of borrowings	(57)	(20)	(41)
Finance costs paid	(15)	(19)	(31)
Other borrowing costs	0
Dividends paid	(6)	(15)	(15)
Intergroup dividends received (paid)	(175)	(175)	(286)
Net cash inflow (outflow) from financing activities from continuing operations	(200)	(176)	(319)
Net cash inflow (outflow) from financing activities from discontinued operations	0	0	0
Net cash inflow (outflow) from financing activities	(200)	(176)	(319)
Net increase (decrease) in cash and cash equivalents	165	(5)	121
Translation	24	(3)	(4)
Cash and cash equivalents at beginning of period	342	225	225
Cash and cash equivalents at end of period	$ 531	$ 217	$ 342