Sustainable Socio-Economic Development presented by Dr. Trevor Keel, Head of Technology, The World Gold Council

1. Sustainable Socio-Economic Development –
The Role of Gold, and Gold Mining
Electra Mining West Africa, Accra, March 2014
Dr Trevor Keel

2. World Gold Council Members
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3. Stimulating and sustaining demand for gold
• The global authority on gold and
the first source of informed opinion
• Develop insights into future role of
gold across the multiple sources of
gold demand
• Collaborate with partners,
intervene to deliver solutions and
create new markets, which
increase and sustain the demand
for gold
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4. Gold for Development at the WGC
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5. World Gold Council | Sustainable Socio-Economic Development – The Role of Gold, and Gold Mining | 4th March 2014 5
Value Distribution in Africa

6. World Gold Council | Sustainable Socio-Economic Development – The Role of Gold, and Gold Mining | 4th March 2014 6
Focus on Ghana

7. Beyond the numbers... Malaria control in Obuasi
• In 2005, the Obuasi Mine Hospital (Edwin Cade) recorded on average
6,800 malaria cases each month. Of these, 2,500 were mine
employees
• With an average of three days off per patient, an estimated 7,500 man-
shifts were lost per month
• This coupled with the slow work rate during recuperation, resulted in a
major loss in production
• Cost of medication for malaria treatment was USD 660,000 per annum
• School and work absenteeism was rife
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8. Beyond the numbers... Malaria control in Obuasi
• Implement a complete integrated
malaria control programme
covering the entire municipality
• Initial Cost: $1.7 million
• Thereafter: $1.5 million per year
• AIM – To reduce the incidence
of malaria by 50% in 2 years
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9. Beyond the numbers... Malaria control in Obuasi
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• In 2008, the Global Fund approved a total grant amount of $133million
to scale up IRS into 40 districts in Ghana by 2015
• AngloGold Ashanti was selected by the Country Coordinating
Mechanism (CCM) as the Principal Recipient of the Grant
• A total of 8million people will be protected by IRS in the most endemic
communities in Ghana
• Over 3800 jobs created nationwide
• Local capacity and strong partnerships built for IRS

10. Beyond the numbers... Malaria control in Obuasi
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6711
6213
973 238
0
1000
2000
3000
4000
5000
6000
7000
8000
2005 2006 2007 2008 2009 2010 2011 2012 2013
Pre Intervention Intervention Period
Cases
No. of Malaria Cases seen at the Edwin Cade Hospital, Obuasi
(2005-2013)
Cases

11. AGA are not alone...
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12. Gold Demand
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13. Electronics remains a key market for gold
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14. Uses in electronics
• Excellent conductivity (although copper and silver are better)
• The best corrosion resistance - durability
• Highly malleable
• Fine gold wiring inside microchips (bonding wire)
• Thin gold plating on contacts and connectors
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15. Using gold in nanotechnology
World Gold Council | Sustainable Socio-Economic Development – The Role of Gold, and Gold Mining | 4th March 2014
....like a new material
• Inert, corrosion resistant, golden
• Ideal for electronics, durable
coatings, decoration
Gold
• Active catalyst, colourful, novel optical
properties
• Chemical reactions, medicine, clean
energy, advanced electronics
Nanogold
15

16. Momentum in gold nanotechnology research
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0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
No of patents
Source: Johnson Matthey, World Gold Council

17. Malaria diagnostics – making every nanoparticle
count
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18. Gold in medicine
• Gold already used in arthritis
treatments, medical
implants, pregnancy testing kits
• Significant interest in using
biocompatability of gold in drug-
delivery and medical imagery
• Numerous start-up companies
operating in the field –
Cytimmue, Aurasense, Nanospectra
for example
World Gold Council | Sustainable Socio-Economic Development – The Role of Gold, and Gold Mining | 4th March 2014
Gold particles carry chemotherapy drug
directly to tumour increasing the
effectiveness and reducing side-effects
18

19. Peering into the unknown...
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20. Summary
• World Gold Council member companies make a significant contribution
to economic growth in Africa
• Beyond the economics, they impact societal development in a variety of
ways. For example, supporting health and wellbeing in the mines yields
enormous benefits within the communities more broadly, and in some
cases, throughout entire countries
• But its not just mining – the gold itself is often a critical component in
many items we take for granted on a day-to-day basis.
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21. World Gold Council
10 Old Bailey, London EC4M 7NG
United Kingdom
T +44 20 7826 4700
F +44 20 7826 4799
W www.gold.org
Thank you

22. Disclaimer
This presentation is provided solely for general information and educational purposes. It is not, and should
not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, gold, any gold
related products or any other products, securities or investments. It does not, and should not be construed
as acting to, sponsor, advocate, endorse or promote gold, any gold related products or any other products,
securities or investments.
This presentation does not purport to make any recommendations or provide any investment or other
advice with respect to the purchase, sale or other disposition of gold, any gold related products or any other
products, securities or investments, including without limitation, any advice to the effect that any gold
related transaction is appropriate for any investment objective or financial situation of a prospective
investor. A decision to invest in gold, any gold related products or any other products, securities or
investments should not be made in reliance on any of the statements in this presentation. Before making
any investment decision, prospective investors should seek advice from their financial advisers, take into
account their individual financial needs and circumstances and carefully consider the risks associated with
such investment decision.
While the accuracy of any information communicated herewith has been checked, neither the World Gold
Council nor any of its affiliates can guarantee such accuracy. In no event will the World Gold Council or
any of its affiliates be liable for any decision made or action taken in reliance on the information in this
presentation or for any consequential, special, punitive, incidental, indirect or similar damages arising from,
related to or connected with this presentation even if notified of the possibility of such damages.
Expressions of opinion are those of the author and are subject to change without notice.