JOHANNESBURG (miningweekly.com) – The file first-quarter (Q1) free money stream of $1.2-billion delivered by AngloGold Ashanti is nearly triple the Q1 2025 quantity, following regular performances from most of its working belongings and the continued excessive gold worth.
The corporate, headed by CEO Alberton Calderon, stays on monitor to satisfy its 2026 annual steerage. (Additionally watch hooked up Creamer Media video.)
The interim Q1 2026 dividend of $585 or $1.16 per share can be a brand new file, in comparison with $0.125 per share declared in Q1 2025.
On 7 Might, the board authorised a proposed share repurchase programme for AngloGold’s peculiar shares of as much as $2-billion, topic to shareholder approval.
“Our focus stays to manage what we will management – managing underlying prices and making certain protected, predictable working outcomes,” Calderon said.
“That has once more enabled us to ship file free money stream and money returns to our shareholders, whereas shifting our natural development tasks ahead,” Calderon added in a launch to Mining Weekly.
AngloGold Ashanti continues to give attention to a collection of key strategic initiatives: supply of predictable working outcomes; offering aggressive returns to shareholders; bringing a big, new manufacturing centre into operation in southern Nevada; the regular ramp-up of its Obuasi mine in Ghana; and realising a collection of natural development tasks at its mines in Tanzania, Guinea, Egypt and Brazil.
WORKPLACE FATALITY
At Obuasi, following the top of Q1 2026 on April 24, a contractor was fatally injured following a launch of waste materials from an underground ore go. A complete investigation into the incident is underway, with the specific intention of making certain that comparable incidents don’t happen sooner or later. The household and colleagues affected by this tragedy are receiving ongoing assist.
“We’re heartbroken by the lack of our colleague and supply our deepest sympathy to his household and family members. We are going to guarantee we perceive the foundation reason for this incident and apply each lesson discovered,” Calderon said.
Throughout Q1 2026, security remained on the core of steady enchancment efforts. The full recordable harm frequency charge on the firm’s managed operations improved to 0.86 accidents per million hours labored in Q1 2026, in contrast with 0.97 accidents per million hours labored for 2025.
Web money stream from working actions was up 136% year-on-year to $1.7-billion and the common gold worth acquired per ounce was 69% increased year-on-year on that of Q1 2025.
Earnings earlier than curiosity, taxes, depreciation and amortisation elevated 130% year-on-year to $2.3-billion in Q1 2026 and headline earnings rose 187% to $1.3-billion.
Capitalising on the sturdy stability sheet and powerful liquidity place, on April 16, the corporate purchased again $666-million principal quantity of its excellent bonds, additional optimising its capital construction and bettering its total flexibility via the cycle.
In keeping with the Firm’s dividend coverage, the bottom dividend of $63-million or 12.5 US cents per share was declared for Q1 2026. This was topped as much as 50% of free money stream, to reach on the interim dividend declaration of $585-million, or 116 US cents per share.
The stability sheet continued to strengthen, swinging from $755-million of internet debt in Q1 2025 to $868-million of internet money on the finish of Q1 2026, all whereas making a collection of file dividend funds within the intervening quarters.
Capitalising on the sturdy stability sheet and powerful liquidity place, on 16 April 2026, the corporate purchased again $666-million principal quantity of its excellent bonds, additional optimising its capital construction and bettering its total flexibility via the cycle.
The strategic determination by the board to approve a proposed $2-billion share repurchase programme is underpinned by money technology capabilities and the potential monetary outlook for the enterprise. The proposed share repurchase programme is meant to supply one other vector for shareholder returns and align the corporate’s capital return framework with its North American friends.
Exterior pressures from inflation, change charges and royalties led to a year-on-year improve in whole money prices per ounce for the group to $1 391/ozin Q1 2026, from $1 223/ozin Q1 2025.
Gold manufacturing for the group remained steady, growing to 724 000 ozin Q1 2026, up from 720 000 oz.
Whole money prices per ounce for the group elevated by 14% year-on-year to $1 391/ozfrom $1 223/ozin Q1 2025, primarily reflecting increased royalty funds pushed by the file gold worth and the influence from underlying inflation, primarily attributable to will increase in labour and mining contractor prices within the jurisdictions wherein the Firm operates.
All-in sustaining price per ounce rose by 19% year-on-year to $1 955/oz, pushed primarily by the mechanical improve in gold price-linked royalties and a deliberate 29% improve in sustaining capital expenditure.
Full yr 2026 steerage for gold manufacturing, prices and capital expenditure, which was issued in February, stays unchanged.
