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Article

12 Nov 2008

Author:
AngloGold Ashanti

[Doc] Response to Report “A Golden Opportunity?” on Business and Human Rights Centre Website

AngloGold Ashanti would like to note a number of points in relation to the report “A Golden Opportunity”...It is...essential for mining companies, in order to be able to undertake long-term investments in any country, to be able to benefit from stable tax regimes...Without the tax stability regimes referred to in the report, it would be impossible for investment on the scale required in the gold mining sector to take place...AngloGold Ashanti is a member of the Extractive Industries Transparency Initiative and is committed to transparency in relation to resource industry revenues. It is also committed to serving communities in which it operates by ensuring that they are better off for the company having been there.

Part of the following timelines

Report says Tanzania failing to benefit from gold mining because of tax evasion by mining companies

Tanzania's pot of gold