Record Cash Flow and Financial Performance
Generated record third-quarter cash flow of $1.6 billion and achieved an all-time annual record of $4.5 billion with one quarter remaining. Adjusted EBITDA and adjusted net income increased by 20% from the second quarter and more than doubled last year's results.
Successful Asset Divestment Program
Received $640 million in net cash proceeds from equity and asset sales, marking successful completion of the asset divestment program.
Cost Discipline and Productivity Improvements
Improved 2025 guidance for several cost metrics while maintaining production and unit cost outlook. Reduced absolute cost guidance for G&A, Exploration, and Advanced Projects by approximately 15%.
Strengthened Balance Sheet
Ended the quarter in a near 0 debt position, retired $2 billion of debt, and received a credit rating upgrade from Moody's to A3 with a stable outlook.
Ahafo North Commercial Production
Declared commercial production at the new Ahafo North mine, expanding the footprint in Ghana and adding profitable gold production over an initial 13-year mine life.