EXHIBIT 19.8
PRINCIPAL SUBSIDIARIES AND OPERATING ENTITIES FOR THE YEAR ENDED 31 DECEMBER
Shares | Shares | Percentage held | ||||||||||||||||
Country of | held | held | % | % | ||||||||||||||
Incorporation | 2010 | 2009 | 2010 | 2009 | ||||||||||||||
Principal subsidiaries | ||||||||||||||||||
AngloGold Ashanti Australia Limited | 2 | 257,462,077 | 257,462,077 | 100 | 100 | |||||||||||||
AngloGold Ashanti Holdings plc | 7 | 4,095,658,550 | 3,785,771,334 | 100 | 100 | |||||||||||||
AngloGold Ashanti Holdings plc(*) | 7 | 723,254,927 | 1,304,730,736 | 100 | 100 | |||||||||||||
AngloGold Ashanti Holdings Finance plc | 7 | 100 | 100 | 100 | 100 | |||||||||||||
AngloGold Offshore Investments Limited | 4 | 1,000 | 5,000,000 | 100 | 100 | |||||||||||||
AngloGold Ashanti USA Incorporated | 11 | 234 | 234 | 100 | 100 | |||||||||||||
AngloGold Ashanti USA Incorporated(*) | 11 | 500 | 500 | |||||||||||||||
Operating entities(1) | ||||||||||||||||||
AngloGold Ashanti Córrego do Sítio Mineração S.A | 3 | 4,167,085,000 | 833,417,000 | 100 | 100 | |||||||||||||
AngloGold Ashanti (Ghana) Limited(2) | 5 | 132,419,585 | 132,419,585 | 100 | 100 | |||||||||||||
AngloGold Ashanti (Iduapriem) Limited | 5 | 66,270 | 66,270 | 100 | 100 | |||||||||||||
AngloGold Australia (Sunrise Dam) Pty Limited | 2 | 2 | 2 | 100 | 100 | |||||||||||||
AngloGold Namibia (Pty) Ltd | 9 | 10,000 | 10,000 | 100 | 100 | |||||||||||||
Cerro Vanguardia S.A. | 1 | 13,875,000 | 13,875,000 | 92.50 | 92.50 | |||||||||||||
AngloGold Ashanti (Colorado) Corp(3) | 11 | 1,250 | 1,250 | 67 | 67 | |||||||||||||
Geita Gold Mining Limited | 10 | 2 | 2 | 100 | 100 | |||||||||||||
Mineração Serra Grande S.A. | 3 | 499,999,997 | 499,999,997 | 50 | 50 | |||||||||||||
Societé Ashanti Goldfields de Guinée S.A. | 6 | 3,486,134 | 3,486,134 | 85 | 85 | |||||||||||||
Société des Mines de Morila S.A.(4) | 8 | 400 | 400 | 40 | 40 | |||||||||||||
Société d’Exploitation des Mines d’Or de Sadiola S.A.(4) | 8 | 41,000 | 41,000 | 41 | 41 | |||||||||||||
Société d’Exploitation des Mines d’Or de Yatela S.A.(4) | 8 | 400 | 400 | 40 | 40 | |||||||||||||
Teberebie Goldfields Limited | 5 | 2,066,667 | 2,066,667 | 100 | 100 |
Principal subsidiaries are those subsidiaries that hold material contracts and/or act as borrowers and/or guarantors of such material contracts.
* | Indicates preference shares |
(1) | All the operating mines in South Africa, namely Great Noligwa, Kopanang, Moab Khotsong, Tau Lekoa (sold August 1, 2010), and TauTona, are all held by the parent company, AngloGold Ashanti Limited. | |
(2) | Operates the Obuasi mine in Ghana, a wholly owned operation. | |
(3) | Operates the Cripple Creek & Victor gold mine, a wholly-owned operation. | |
(4) | Represents a joint venture entity. |
Country of incorporation — key
1 Argentina | 7 Isle of Man | |||||
2 Australia | 8 Mali | |||||
3 Brazil | 9 Namibia | |||||
4 British Virgin Islands (BVI) | 10 Tanzania | |||||
5 Ghana | 11 United States of America | |||||
6 Republic of Guinea |
E-4