Inferra AIResearch Tools

Inferra AI / Company / AU

AngloGold Ashanti

AU · Materials

Last earnings Jul 31, 2026

Key results

Revenuequarter

50 percent

The decrease was primarily due to lower earnings at Kibali as a result of higher taxes (50 percent on revenue above $2,000 per ounce), partly offset by an increase in revenue as a result of the higher average gold price received per ounce* despite lower gold production in the first half of 2025.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

AI analysis

Q2 2025 · reported Aug 1, 2025

Based on: Earnings release — transcript not held

Revenue · Q2 2025
50 percent
6-K · Aug 1, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Revenue50 percent——

6-K · Aug 1, 2025

Guidance · company-stated

Direction: reiterated

No guidance located in the held release

Outlook statement

“Full-year 2026 guidance for gold production, costs and capital expenditure, which was issued in February 2026, remains unchanged .”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Capex$99M

Finance costs for borrowings decreased by $5 million, or eight percent, from $ 65 million in the six months ended 30 June 2024 to $ 60 million in the six months ended 30 June 2025, mainly due to finance costs incurred on lower average debt balances on the $295 million 2025 Geita multi-currency revolving credit facility ( RCF ) and the $1.4 billion 2022 multi-currency RCF.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Form 20-F Form 40-F This Report on Form 6-K shall be incorporated by reference into the registrant s (i) Registration Statement on Form S-8 as amended (File No

Based on: Earnings release — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Finance costs for borrowings decreased by $5 million, or eight percent, from $ 65 million in the six months ended 30 June 2024 to $ 60 million in the six months ended 30 June 2025, mainly due to finance costs incurred on lower average debt balances on the $295 million 2025 Geita multi-currency revolving credit facility ( RCF ) and the $1.4 billion 2022 multi-currency RCF.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

The increase was primarily attributable to higher current taxation (due to higher gold prices which generated higher taxable income) and higher withholding taxes in Tanzania (due to higher dividends).

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

The increase was partially offset by lower current taxation in Ghana due to lower gold sales at Iduapriem in the first half of 2025 as compared to the first half of 2024 as well as a decrease in the deferred taxation expense (mainly due to the recognition of deferred tax assets on tax losses in Brazil and lower capital expenditure in Ghana, offset by the higher capital expenditure and the utilisation of deferred tax assets in Guinea).

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

Comparison of capital expenditure in the six months ended 30 June 2025 with the six months ended 30 June 2024 Capital expenditure on tangible and intangible assets (which represents capital expenditure of managed operations) increased by $163 million, or 33 percent, from $ 490 million in the six months ended 30 June 2024 to $653 million in the six months ended 30 June 2025.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

This increase was mainly due to an increase of $99 million in sustaining capital expenditure* and an increase of $63 million in non-sustaining capital expenditure*.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

Sustaining capital expenditure* of managed operations increased by $99 million, or 26 percent, from $386 million in the six months ended 30 June 2024 to $485 million in the six months ended 30 June 2025.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

Strategy & priorities

AngloGold Ashanti s safety strategy, with specific emphasis on the Fatal Hazard Management standard and critical control verifications, continues to be implemented at all the operations, intensifying employees focus on safety practices in all workplaces.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

The first round of public scoping was completed in April 2024, with stakeholder feedback primarily focused on potential impacts to groundwater-dependent ecosystems in the upper Amargosa River area.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

This milestone underscores Geita s 25-year commitment to Tanzania and its role in advancing the country s beneficiation strategy and broader economic development.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

In early May 2025, the companies have decided to pause discussions around the proposed joint venture to allow them to focus on improving the current, standalone performance at their respective sites, while also allowing AngloGold Ashanti to consolidate the improvements to its long-term mining plan, which currently shows the highest value of its options.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

Risks & headwinds

Gold production was lower year-on-year mainly due to lower recovered grades, as reduced underground ore treatment, impacted by operational challenges, resulted in a greater reliance on lower-grade open-pit ore.

SEC original ↗AngloGold Ashanti — Earnings release (6-K report)6-KAug 1, 2025

Documents

Earnings deck slides

1 deck with slide view

AngloGold Ashanti — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

AngloGold Ashanti — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

AngloGold Ashanti — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

AngloGold Ashanti — Presentation / slide deck (8-K exhibit) — Slide view unavailable — the original PDF could not be retrieved for segmentation (file exceeds size cap).

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Rio Tinto (RIO) MaterialsCemex Sab De Cv (CX) MaterialsWheaton Precious Metals (WPM) MaterialsNucor (NUE) MaterialsFranco-Nevada (FNV) MaterialsKinross Gold (KGC) MaterialsBarrick Mining (B) MaterialsCarpenter Technology (CRS) Materials

Filings

63 documents

Earnings releases

6 documents

Presentations

5 documents

Transcripts

0 documents

No transcripts for AngloGold Ashanti are held in this edition of the library.

Mentioned by

4 companies

Other tracked companies whose held documents mention AngloGold Ashanti by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.