[X]

 Rule 13d-1(b)

[   ]

 Rule 13d-1(c)

[   ]

 Rule 13d-1(d)

1.

Names of Reporting Persons

 

Paulson & Co. Inc.

2.

Check the Appropriate Box If a Member of a Group (See Instructions)

3.

SEC Use Only

4.

Citizenship or Place of Organization

 

State of Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

5.

Sole Voting Power

12,782,400 (see Note 1 to Item 4 below)

 

6.

Shared Voting Power

0

 

7.

Sole Dispositive Power

12,782,400 (see Note 1 to Item 4 below)

 

8.

Shared Dispositive Power

0

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

12,782,400 (see Note 1 to Item 4 below)

 

10.

Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

[   ]

 

11.

Percent of Class Represented By Amount in Row (9)

3.13%

 

12.

Type of Reporting Person (See Instructions)

IA

Item 1(a).

Name of Issuer:

AngloGold Ashanti Limited

Item 1(b).

Address of the Issuer's Principal Executive Offices:

 

76 Rahima Moosa Street

Newtown, Johannesburg, South Africa 2001

 

Item 2(a).

Name of Person Filing

Paulson & Co. Inc.

Item 2(b).

Address of Principal Business Office or, if None, Residence:

1251 Avenue of the Americas, New York, NY 10020

Item 2(c).

Citizenship:

Delaware corporation

Item 2(d).

Title of Class of Securities:

 

American Depositary Shares

 

Item 2(e).

CUSIP Number:

035128206

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

(e).    Paulson & Co. Inc. is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940.

 

Item 4.

Ownership:

Item 4(a).

Amount Beneficially Owned: 12,782,400 (see Note 1)

Item 4(b).

Percent of Class: 3.13%

Item 4(c).

Number of shares as to which such person has:

(i)

Sole power to vote or direct the vote: 12,782,400 (see Note 1)

(ii)

Shared power to vote or to direct the vote: 0

(iii)

Sole power to dispose or to direct the disposition of: 12,782,400 (see Note 1)

(iv)

Shared power to dispose or to direct the disposition of: 0

 

Note 1: Paulson & Co. Inc. (“Paulson”), an investment advisor that is registered under the Investment Advisors Act of 1940, and its affiliates furnish investment advice to and manage onshore and offshore investment funds and separate managed accounts (such investment funds and accounts, the “Funds”).  In its role as investment advisor, or manager, Paulson possesses voting and/or investment power over the securities of the Issuer described in this schedule that are owned by the Funds.  All securities reported in this schedule are owned by the Funds.  Paulson disclaims beneficial ownership of such securities.

Item 5.

Ownership of Five Percent or Less of a Class:

It this statement if being filed to report the fact that as of the date hereof any of the Reporting Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [X].

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

All securities reported in this schedule are owned by Paulson’s advisory clients, none of which to Paulson’s knowledge owns more than 5% of the class.  Paulson itself disclaims beneficial ownership of all such securities.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:

Not applicable.

Item 8.

Identification and Classification of Members of the Group:

Not applicable.

Item 9.

Notice of Dissolution of Group:

Not applicable.

Item 10.

Certification:

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

Date:  February 14, 2017

PAULSON & CO. INC.

By:    /s/ Stuart L. Merzer

Stuart L. Merzer

General Counsel & Chief Compliance Officer