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An update from Anglogold Ashanti PLC ( (AU) ) is now available.
AngloGold Ashanti has released a Technical Report Summary and pre-feasibility study for its Arthur Gold Project in Nevada’s Beatty Mining District, declaring a first-time Probable Mineral Reserve of 4.9 million ounces of gold and 7.8 million ounces of silver as at 31 December 2025. The Merlin deposit also hosts substantial additional resources, with 1.0 million ounces of indicated and 5.5 million ounces of inferred gold, underscoring the potential for significant resource conversion and long-term mine life extension.
The project is positioned as a Tier One, large-scale open-pit operation with an initial nine-year life, targeting average annual production of about 500,000 ounces at an estimated all-in sustaining cost of $954 per ounce and approximately $3.6 billion in project capital. With structurally competitive costs, strong NPV leverage at higher gold prices, a clear pipeline to feasibility study approval expected in June 2026, and visible community investment in the Beatty region, the Arthur Gold Project is set to become a cornerstone U.S. asset that could materially enhance AngloGold Ashanti’s production base and regional influence while reviving commercial-scale mining in a historic Nevada district.
The most recent analyst rating on (AU) stock is a Hold with a $93.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
Spark’s Take on AU Stock
According to Spark, TipRanks’ AI Analyst, AU is a Outperform.
The score is driven primarily by strong financial performance (sharp 2025 profitability and cash flow improvement) and a positive earnings-call outlook highlighting record cash generation and balance sheet strength. These are partially offset by weak technical momentum and near-term risks from cost inflation and higher capital spending, while valuation is supported by a moderate P/E and solid dividend yield.
To see Spark’s full report on AU stock, click here.
More about Anglogold Ashanti PLC
AngloGold Ashanti plc is a global gold mining company listed in New York and Johannesburg, with operations and projects focused on large-scale, long-life gold deposits. The group is expanding its footprint in the United States, targeting Nevada’s Beatty Mining District as a core growth region, leveraging its technical expertise to develop Tier One, low-cost gold assets in a premier mining jurisdiction.
Average Trading Volume: 3,138,631
Technical Sentiment Signal: Buy
Current Market Cap: $45.21B
Find detailed analytics on AU stock on TipRanks’ Stock Analysis page.

