AngloGold Ashanti reports Q1 adjusted EBITDA $1.120B vs 434M last year

Reports Q1 cash flow $403M, a 607% year-on-year increase from $57M last year. This performance was supported by a 28% rise in gold production from managed operations year-on-year, primarily driven by the first-time contribution from the recently acquired Sukari Gold Mine in Egypt and solid output improvements at both Siguiri and Tropicana. The average gold price received per ounce* increased to $2,874/ oz in Q1 2025, up from $2,063/oz in Q1 2024. “This is a very strong start to the year, particularly at our managed operations,” said CEO Alberto Calderon. “We’ve seen strong growth in production with the addition of Sukari and our cost control efforts continue to offset inflation, which has ensured that we capture the benefit of the higher gold price.”