| Business Summary | | Anglogold
Limited
conducts
gold
mining
operations
in
Africa,
North
America,
South
America
and
Australia.
The
Company,
formerly
Vaal
Reefs
Exploration
and
Mining
Company,
Limited,
was
chosen
as
the
vehicle
to
merge
the
gold
mining
interests
of
Anglo
American
into
a
single,
focused,
independent,
global
gold
company.
As
part
of
this
consolidation,
the
Company
changed
its
name
to
Anglogold
Limited.
The
Company's
main
product
is
gold,
but
an
insignificant
portion
of
its
revenues
is
derived
from
sales
of
silver,
uranium
oxide
and
sulphuric
acid.
Since
the
beginning
of
1998,
when
restrictions
imposed
by
the
South
African
government
on
the
sale
of
gold
by
South
African
gold
mining
companies
were
lifted,
the
Company
has
sold
gold
produced
on
world
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Anglogold
Limited
is
a
gold
mining
company
with
operations
in
Argentina,
Brazil,
Mali,
Namibia,
South
Africa
and
the
United
States.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
15%
to
RAN15.72
billion.
Net
loss
totalled
RAN1.47
billion,
vs.
income
of
RAN1.31
billion.
Revenues
benefitted
from
increased
gold
production
at
certain
African
mines.
Net
loss
reflects
the
inclusion
of
a
RAN2.62
billion
impairment
charge
as
well
as
increased
exploration
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robert Godsell, 47 | Chairman,
CEO | Jonathan Best, 51 | CFO,
Fin. Director | John Myburgh, 54 | Exec.
Officer, Malian Operations and Gen. Counsel | Barry Tapson, 46 | Exec.
Officer, HR and Namibian Operations | Steve Lenahan, 44 | Exec.
Officer, Investor Relations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|