Record Quarterly Free Cash Flow
Achieved an all-time record quarterly free cash flow of $1.7 billion, with $2.4 billion of cash flow from operations after working capital.
Strong Operational Performance
Produced 1.5 million ounces of gold and 36,000 tonnes of copper, aligning with full year guidance and previous indications.
Capital Returns to Shareholders
Returned over $1 billion to shareholders through dividends and share repurchases, with a new $3 billion share repurchase program approved, increasing total authorization to $6 billion.
Noncore Asset Divestment Program
Successfully completed noncore asset divestment program, expecting to generate $3 billion in after-tax cash proceeds this year.
Operational Resilience and Cost Management
Maintained cost applicable to sales and all-in sustaining costs in line with guidance, with productivity enhancements and cost structure improvements across managed operations.