AngloGold Ashanti Ltd. (AU) posted second-quarter profit attributable to equity shareholders of $287 million or 61 cents per share versus $470 million or 85 cents per share a year ago.
Adjusted headline earnings were 65 cents a share, compared with 89 cents a share in the previous year. The difference in adjusted headline earnings was caused, in part, by planned higher expenditure on exploration and corporate costs; a higher tax charge, given that the benefit of hedge and other losses have been utilised; and the once-off benefit of $30 million to adjusted headline earnings a year earlier, from the sale of the Ayanfuri royalty.
Revenue declined to $1.68 billion from $1.7 billion in the prior-year quarter.
Production during the quarter was 1.073Moz at a total cash cost of $801/oz, better than guidance of 1.04Moz at $840/oz-$845/oz. The operating result was assisted by strong performances from the Continental Africa and Americas region, as well as a recovery from the South African operations, which experienced fewer safety-related stoppages.
Moving ahead, for the third quarter, production is expected to be around 1.07Moz-1.1Moz at a total cash cost of $835/oz - $865/oz.
Further, full-year 2012 expected production remains 4.3Moz-4.4Moz at a total cash cost of $780/oz -$805/oz.
Additionally, AngloGold Ashanti's Board has declared a dividend of 100 South African cents per share, or about 12 cents per share, for the second quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.