Welcome to our dedicated page for Anglogold Ashant news (Ticker: AU), a resource for investors and traders seeking the latest updates and insights on Anglogold Ashant stock.
AngloGold Ashanti plc (AU) generates a steady flow of news that reflects its role as an independent, global gold mining company with operations across Africa, Australia and the Americas. Company announcements cover operational performance, portfolio changes, corporate governance developments and capital market milestones, providing context for investors tracking AU stock news.
Earnings releases are a central feature of AngloGold Ashanti’s news flow. These updates detail group and regional gold production, gold sold, total cash costs, all-in sustaining costs, free cash flow and adjusted EBITDA. They also discuss the performance of key mines such as Obuasi, Geita, Sukari, Sunrise Dam, Tropicana, Cerro Vanguardia and AngloGold Ashanti Mineração, along with commentary on safety metrics like Total Recordable Injury Frequency Rate.
News items also highlight strategic portfolio actions. Recent communications describe the completed acquisition of Centamin plc, which added the Sukari gold mine in Egypt, an agreement to acquire Augusta Gold Corp. to consolidate the Beatty District in Nevada, and the agreed sale of the Mineração Serra Grande mine in Brazil to Aura Minerals Inc. These updates explain how acquisitions and disposals fit into AngloGold Ashanti’s focus on capital allocation, operating efficiencies and portfolio optimization.
Investors following AU news will also see disclosures on dividends linked to free cash flow, index inclusion developments such as anticipated addition to Russell U.S. indexes, and governance updates including annual general meeting results and board appointments. Regular notices of dealings in securities by executive directors and officers provide transparency on insider transactions. This news page brings together these categories of information so readers can monitor how operational, financial and corporate events shape the AngloGold Ashanti investment story over time.
AngloGold Ashanti plc (NYSE: AU) has reported significant securities transactions by two senior executives. CEO Alberto Calderon received 80,296 ordinary shares under the 2023 Deferred Share Plans (DSP), of which he sold 40,148 shares at an average price of $40.88 per share, generating approximately $1.64 million to cover tax obligations.
Additionally, Chief Operating Officer Richard Jordinson, who will retire on June 1, 2025, after 13 years in senior management, received 38,346 shares through the DSP and subsequently sold all of them at an average price of $40.90 per share, resulting in a transaction value of about $1.57 million.
AngloGold Ashanti (AU) and Gold Fields have decided to pause discussions regarding their proposed joint venture that would have combined their Iduapriem and Tarkwa gold mines in Ghana. The joint venture was initially proposed in March 2023, and both companies have been in dialogue with the Ghanaian government for approvals. During this period, AngloGold Ashanti has identified potential improvements to its standalone mine plan for Iduapriem that could unlock significant additional value. Both companies will now focus on enhancing their respective sites' standalone performance, with AngloGold Ashanti particularly focusing on implementing its improved long-term mining plan.
AngloGold Ashanti has agreed to sell its Côte d'Ivoire gold projects to Resolute Mining as part of its strategy to focus on U.S. operations. The deal includes the sale of the Doropo Project and ABC Project through Centamin West Africa Holdings.
The Doropo Project sale is valued at $175 million, structured as:
- $25 million cash at completion
- $50 million after 18 months
- $75 million after 30 months
As part of the deal, AngloGold will acquire the Mansala Project in Guinea from Resolute, or receive an additional $25 million if the acquisition fails. The ABC Project sale includes a $10 million milestone payment upon declaring a 1.0 Moz Mineral Reserve and a 2% Net Smelter Royalty on gold production.
The transaction is set to complete on May 1, 2025, with no conditions for the main sale.
AngloGold Ashanti (AU) has filed its 2024 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on April 15, 2025. The report contains the company's audited consolidated financial statements for the fiscal year ended December 31, 2024.
The annual report is now accessible on both AngloGold Ashanti's corporate website and the SEC's website. Shareholders can request electronic copies of the document and may also obtain free hard copies of the complete audited financial statements by contacting the Company Secretarial Department via email.
AngloGold Ashanti has announced its 2025 Annual General Meeting (AGM) scheduled for Tuesday, May 27, 2025, at 9:00 a.m. Mountain Daylight Time. The meeting will be held at Greenwood Village, Colorado, with virtual attendance options available for shareholders.
The company has published the Notice of AGM, which can be accessed at reports.anglogoldashanti.com. Shareholders can participate virtually through a live video feed, submit votes, and ask questions either in writing or via audio. The record date for determining voting eligibility is set for April 4, 2025.
The company's 2024 UK Annual Report, published on March 26, 2025, will be distributed to shareholders who opted for paper communications and is available on the company's website.
AngloGold Ashanti (AU) has announced the publication of its key annual reports for the financial year 2024, including the UK Annual Report, Sustainability Report, and Mineral Resource and Mineral Reserve Report. These comprehensive documents detail the company's operating, sustainability, and financial performance for the period from January 1 to December 31, 2024.
The reports are now accessible on the company's website and the SEC's website. Shareholders can request electronic copies or receive hard copies of the audited financial statements free of charge from the Company Secretarial Department.
The company has also announced its 2025 Annual General Meeting, scheduled for May 27, 2025, at 9:00 a.m. MDT in Greenwood Village, Colorado. The record date for voting eligibility is set for April 4, 2025, with notice of meeting distribution beginning April 7, 2025.
AngloGold Ashanti reported significant financial improvements in 2024, with free cash flow increasing nine-fold to $942m from $109m in 2023. The company's Adjusted EBITDA rose 93% to $2.747bn, while headline earnings reached $954m (221 US cents per share) compared to a loss in 2023.
The company announced a new dividend policy targeting a 50% payout of free cash flow and introducing a base dividend of $0.50 per share annually. An interim dividend of 69 US cents per share was declared for H2 2024, bringing the total 2024 payout to 91 US cents per share.
Group gold production reached 2.661Moz in 2024, including 40,000oz from the newly acquired Sukari mine. Total cash costs rose 4% to $1,157/oz, while all-in sustaining costs increased 4% to $1,611/oz. The company maintained strong cost control, with costs rising less than half the inflation rate for managed operations.
AngloGold Ashanti plc has announced significant changes to its Board Committees effective January 1. The company has restructured four key committees: Audit and Risk, Compensation and Human Resources, Nominations and Governance, and Social, Ethics and Sustainability. Additionally, Rhidwaan Gasant, current Lead Independent Director, will retire at the 2025 Annual General Meeting. Alan Ferguson has been appointed as the new Lead Independent Director, and will step down as Audit and Risk Committee Chair after the 2025 AGM, to be succeeded by Diana Sands.
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