AngloGold reports 58% rise in Q2 2026 headline earnings

AngloGold Ashanti has reported a 58% summation successful header net for the 2nd 4th of 2026 (Q2 2026) to $1bn, compared to $639m successful Q2 2025.

The emergence was driven by a absorption connected outgo absorption and a 35% summation successful the mean golden terms per ounce, which roseate to $4,446.

For the 4th ending 30 June 2026, the company's net earlier interest, taxes, depreciation and amortisation climbed by 46% year-on-year (YoY) to $2bn from $1.4bn.

Free currency travel besides showed a important increase, reaching $727m, a 36% emergence from the erstwhile year, further bolstering the company's equilibrium expanse and facilitating enhanced shareholder returns.

AngloGold Ashanti CEO Alberto Calderon said: "This effect shows the beardown currency procreation capableness of our assets and the resilience of our portfolio. We stay focused connected managing the factors successful our power to optimise margins arsenic we look to a accumulation summation successful the 2nd fractional of the year."

An interim dividend of $364m, equating to $0.72 per share, was declared for this quarter, contributing to a full of $949m for the archetypal fractional (H1) of the year.

Cash procreation from operations accrued by 49% to $1.8bn, compared to the erstwhile year's $1.2bn. Increased profitability, on with a higher golden price, led to currency taxation payments much than doubling to $542m.

Future taxation payments for the twelvemonth are anticipated to beryllium betwixt $230m and $250m quarterly.

The 4th besides saw higher distributions to non-controlling interests, which roseate to $234m from $150m YoY.

Meanwhile, golden accumulation was 744,000oz, a diminution from 804,000oz successful 2025. This simplification was chiefly owed to the merchantability of the Serra Grande mine, decreased output astatine the Obuasi excavation pursuing a contractor fatality and planned attraction activities. However, accumulation is expected to summation successful H2 2026.

Non-sustaining superior expenditure doubled from $108m to $217m.

AngloGold Ashanti is concentrating connected leveraging its infrastructure to unlock high-return accumulation enhancements and is progressing efforts astatine the North Bullfrog and Arthur Gold projects, aiming to boost accumulation from 2029.

"AngloGold reports 58% emergence successful Q2 2026 header earnings" was primitively created and published by Mining Technology, a GlobalData owned brand.