AngloGold Ashanti Earnings Reports

The company delivered record free cash flow of $920 million and a 109% YoY increase in adjusted EBITDA. Gold production rose 17% to 768,000 ounces, with contributions from new and existing assets. Strong cost control and higher gold prices drove a notable increase in net income and headline earnings.

AngloGold Ashanti plc reported a sevenfold increase in free cash flow and an almost eightfold rise in profit attributable to equity shareholders in Q1 2025 compared to Q1 2024. This performance was underpinned by higher gold production, effective cost management, and a stronger gold price. The Company generated $403 million in free cash flow in Q1 2025, a 607% year-on-year increase.

AngloGold Ashanti delivered significant year-on-year gains in earnings and free cash flow in Q4 2024, driven by the strongest gold production period from its managed operations and effective cost control. The company's balance sheet strengthened, and a more generous dividend policy was approved.