AngloGold Ashanti 2025 Interim Report Highlights
SEC Filing 6-K (0001628280-25-037113)
AngloGold Ashanti's 2025 Interim Report for the six months ended 30 June 2025 shows significant improvements in gold production and financial performance. Gold production from managed operations increased by 286,000 ounces to 879,000 ounces, driven by higher production in Africa, particularly at Sukari, which was acquired in November 2024. The average gold price received per ounce rose by 41% to $3,090, contributing to a 74% increase in gold income to $4,334 million. Total operating costs increased by 29% to $1,775 million, primarily due to higher salaries, contractor costs, and royalties. Profit before taxation surged to $1,775 million, up from $580 million in the same period last year. Capital expenditure on managed operations increased by 33% to $653 million, with significant investments in Sukari and Geita. The company's liquidity position remains strong, with cash and cash equivalents increasing by 42% to $1,986 million. Safety performance improved, with the Total Recordable Injury Frequency Rate decreasing by 7% to 0.95 injuries per million hours worked.