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AngloGold Ashanti

Global gold mining and exploration company

Overview

AngloGold Ashanti is a gold mining company with a portfolio of mining assets across major gold-producing regions including Africa, the Americas, and Australia. It operates by exploring for gold, mining ore, and processing it at plants to extract and refine gold, producing refined gold bars and related byproducts for sale. The company differentiates itself through a global, diversified asset base and a history of successful greenfield and brownfield exploration, along with a long-standing listing on major exchanges (NYSE, SA and Ghana) and a UK domicile after restructuring. Its goal is to generate value for shareholders by growing and operating productive gold assets efficiently, expanding reserves through exploration, and maintaining a sustainable, compliant operation across its diversified geographic footprint.

Significant Headcount Growth

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About AngloGold Ashanti

Simplify's Rating
Why AngloGold Ashanti is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

10,001+

Company Stage

IPO

Headquarters

Alexandra, South Africa

Founded

1998

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What believers are saying

  • 25 September 2026 Nevada site visit kept Arthur's feasibility path and 2033 first-gold target alive.
  • 31 July 2026 Q2 EBITDA reached $2.0 billion and free cash flow $727 million.
  • 15 July 2026 Geita's $500 million financing locked funding for Tanzania's largest gold mine.

What critics are saying

  • 24 April 2026 Obuasi fatality suspended operations two weeks; ore-pass repairs run through Q4.
  • Reuters said Ghana ordered AngloGold contractor transfers by December 2026, risking sanctions and disruption.
  • Arthur's $3.6 billion capex and North Bullfrog's December 2026 ROD hinge on permitting.

What makes AngloGold Ashanti unique

  • AngloGold runs Nevada's Beatty District, anchored by Arthur's 4.9Moz reserve and North Bullfrog.
  • July 2026 Geita's $500 million facility and Thesis stake expansion show financing access.
  • Q2 2026 net cash hit $991 million, supporting a $2 billion buyback program.

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Funding

Total Funding

$1.2B

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Bonus Program
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Employee Assistance
  • Disability Insurance
  • Paid Time Off
  • Holidays

Stock Price

Growth & Insights and Company News

6 month growth

15%

1 year growth

15%

2 year growth

15%
Kalkine Media
Oct 30th, 2026
Matsa Resources announces Devon Mine administration, $55M AngloGold Ashanti tenement acquisition, and Fortitude North drilling highlights for Q3 2026.

Matsa Resources announces Devon Mine administration, $55M AngloGold Ashanti tenement acquisition, and Fortitude North drilling highlights for Q3 2026. Matsa Resources (ASX:MAT) revealed key corporate and operational updates for the quarter ending 30 September 2026, including the appointment of administrators to two subsidiaries, a $55 million tenement acquisition by AngloGold Ashanti, and the completion of 21 diamond drill holes at its Lake Carey Gold Project in Western Australia. Key points. * Administrators Richard Tucker and Jared Palandri from KordaMentha appointed to Matsa Gold Pty Ltd and Devon Gold Mining Pty Ltd subsidiaries; Matsa Resources Limited remains unaffected. * AngloGold Ashanti exercised its option to purchase five tenements for $55 million, receiving a $10 million deposit during the quarter and the remaining balance post-quarter. * Completion of 21 diamond drill holes totaling 4,996 metres from an initial 10,000-metre program, mainly at Fortitude North, with notable gold intercepts recorded. * Devon Pit Gold Mine Campaign 4 produced 1,903oz from 25,611 tonnes at 2.64g/t Au, achieving 87.43% recovery against budget. * As of 30 September 2026, cash and gold holdings total $16.51 million, comprising $13.2 million in cash and $3.31 million in gold, alongside ROM stocks valued at $8.47 million. Devon Pit Gold Mine operations and administration update. During Campaign 4 at the Devon Pit Gold Mine, 1,903 ounces of gold were recovered from 25,611 tonnes at a grade of 2.64 grams per tonne, with recoveries reaching 87.43% of budget. Processing was disrupted by rain, leaving around 6,806 tonnes of ore on the Devon ROM pad unable to be transported due to road closures. This ore is planned for processing in a fifth campaign scheduled for late October 2026. In the quarter, contractor Blue Cap Mining Pty Ltd appointed KPMG as joint and several receivers and managers to Devon Gold Mining Pty Ltd and certain Matsa Gold Pty Ltd assets linked to the Devon Mine. In response, Matsa appointed KordaMentha administrators to these two wholly owned subsidiaries. Matsa has since proposed a Deed of Company Arrangement for both entities. AngloGold Ashanti tenement acquisition and financing agreements. During the quarter, AngloGold Ashanti and Matsa executed a revised Tenement Option Agreement, with AngloGold Ashanti exercising its option to acquire five tenements for $55 million. A $10 million deposit was received within the quarter, and the transaction was finalized with the remaining funds received after quarter end. Separately, Matsa entered into an Amended Facility Agreement with DBA, increasing the total facility from $17.5 million to $37.5 million. Additionally, Matsa secured a new $4 million loan facility with DBA, using the proceeds to fully repay existing loan facilities with Nitro Super Pty Ltd and Morkim Pty Ltd. Fortitude North diamond drilling results and exploration initiatives. Six diamond drill holes totaling 1,345 metres were completed at Fortitude North before drilling was paused due to rain and corporate matters. Key assay results include 26.6 metres at 4.48g/t Au from 92.9 metres, including 10.3 metres at 6.24g/t Au from 108.2 metres, and 5.1 metres at 9.68g/t Au from 352.95 metres in hole 26FNDD017. The Fortitude North gold anomaly extends over a strike length exceeding 1.7 kilometres. A 15,000-station gravity survey covering 295 square kilometres has commenced, with a 147 square kilometre aerial magnetic survey planned for November. Further drilling is expected to resume in the new year. To keep reading, please log in to your account, create a free account, or simply fill out the form below.

Amwal Al Ghad
Oct 7th, 2026
Egypt Mining Forum 2026 concludes 5th edition.

Egypt Mining Forum 2026 concludes 5th edition. Egypt Mining Forum 2026 concluded its fifth edition in Cairo after bringing together more than 6,000 participants from over 50 countries to discuss accelerating exploration, attracting investment and increasing mining's contribution to around 6 per cent of GDP. Held under the patronage of President Abdel Fattah El-Sisi and hosted by the Ministry of Petroleum and Mineral Resources, the two-day forum brought together more than 500 conference delegates, 100 speakers and 100 exhibiting companies. The forum focused on Egypt's mining reforms, exploration opportunities, critical minerals, gold, regional supply chains and downstream value creation, with discussions on turning the country's geological potential into discoveries and commercially viable mining projects. Petroleum and Mineral Resources Minister Karim Badawi outlined Egypt's efforts to attract exploration companies and support projects from discovery to development through reforms covering licensing, fiscal terms, fees, permitting and investor services. The forum highlighted renewed exploration momentum, with the Open Blocks system attracting 119 companies and 403 offers across 118 mining blocks in its first three months. Gold was also a key focus, with AngloGold Ashanti indicating plans to expand exploration in Egypt and discussions highlighting responsible production, refining and stronger local value chains. The forum also examined Egypt's position within the mineral-rich Arabian-Nubian Shield and the importance of critical minerals, resilient supply chains and downstream industries. The launch of the African Minerals Regulatory Authorities Forum in Cairo further highlighted the importance of regional cooperation in developing competitive, investment-ready mining jurisdictions and increasing mineral value creation across Africa. Egypt Mining Forum 2026 was hosted by the Ministry of Petroleum and Mineral Resources, supported by the Mineral Resources and Mining Industries Authority and organised by dmg events.

The Montreal Gazette
Sep 25th, 2026
AngloGold Ashanti plc announces appointment of non-executive director.

AngloGold Ashanti plc announces appointment of non-executive director. LONDON & DENVER & JOHANNESBURG - AngloGold Ashanti plc (the "Company") (NYSE: AU; JSE: ANG) is pleased to announce the appointment of Paul Graves as an independent non-executive director of the Company with effect from 1 October 2026. Mr. Graves will serve as a member of the Audit and Risk Committee and the Social, Ethics... September 25, 2026 at 6:06 a.m. LONDON & DENVER & JOHANNESBURG - AngloGold Ashanti plc (the "Company") (NYSE: AU; JSE: ANG) is pleased to announce the appointment of Paul Graves as an independent non-executive director of the Company with effect from 1 October 2026. Mr. Graves will serve as a member of the Audit and Risk Committee and the Social, Ethics and Sustainability Committee. Mr. Graves has over 30 years of experience in global natural resources, finance, and public company leadership. Most recently, he served as Chief Executive of Rio Tinto Lithium, following Rio Tinto's acquisition of Arcadium Lithium, where he was President and CEO. He previously led Livent Corporation as President and CEO and served as Executive Vice President and Chief Financial Officer of FMC Corporation from 2012 to 2018. Earlier in his career, Mr. Graves spent 12 years in investment banking at Goldman Sachs, where he was a Partner and served as Head of Natural Resources Asia and Global Head of Chemical Investment Banking. Currently, Mr. Graves serves on the Board of Directors of Charles River Laboratories International Inc., where he chairs the Strategic Planning and Capital Allocation Committee and is a member of the Audit Committee. "Paul brings to the Board a rare combination of international executive leadership, deep financial discipline and decades of experience across commodities and natural resources," said AngloGold Ashanti plc Chair, Jochen Tilk. "His skill set and impressive track record will bring exceptional value to AngloGold Ashanti as we continue to execute on our long-term strategy." JSE Sponsor: The Standard Bank of South Africa Media Andrea Maxey General inquiries +61 08 9435 4603 / +61 400 072 199 [email protected] [email protected] Investors Andrea Maxey Yatish Chowthee +61 08 9425 4603 / +61 400 072 199 +27 11 637 6273 / +27 78 364 2080 [email protected] [email protected] Website: www.anglogoldashanti.com

Newswire
Aug 17th, 2026
Thesis Gold & Silver announces AngloGold Ashanti to increase its strategic investment through a C$58.5M offering.

Thesis Gold & Silver announces AngloGold Ashanti to increase its strategic investment through a C$58.5M offering. Aug 17, 2026, 07:00 ET VANCOUVER, BC, Aug. 17, 2026 /CNW/ - Thesis Gold & Silver Inc. ("Thesis", or the "Company") (TSXV: TAU) (OTCQX: THSGF) (WKN: A422AH) is pleased to announce that AngloGold Ashanti plc ("AngloGold Ashanti") will purchase securities of the Company through an offering of hard-dollar common shares and flow-though shares with aggregate gross proceeds of $58,462,111 (the "Offering"). Pursuant to the Offering, AngloGold Ashanti will increase its strategic investment in Thesis from approximately 5% to 9.7% of the issued and outstanding common shares of the Company (the "Common Shares"). The investment increase follows AngloGold Ashanti's initial 5% strategic investment in Thesis completed in February 2026 and further strengthens the relationship between the two companies as Thesis continues to advance its 100%-owned Lawyers-Ranch gold-silver Project in British Columbia's Toodoggone Mining District. Dr. Ewan Webster, President & CEO of Thesis, commented, "We are very pleased that AngloGold Ashanti has elected to significantly increase its investment in Thesis. We believe their decision to increase their position represents a strong endorsement of the quality and scale of Lawyers-Ranch and the progress our team continues to make advancing the Project. Having AngloGold Ashanti as a global gold producer as significant strategic shareholder, provides further validation of Lawyers-Ranch and positions Thesis exceptionally well as we advance through feasibility, permitting and continued exploration." The Offering will consist of: (i) 8,342,257 Common Shares at a price of C$3.4118 per Common Share for gross proceeds of C$28,462,112; (ii) 2,020,202 Common Shares issued as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act")) (the "BC CEE Flow-Through Shares") at a price of C$4.95 per BC CEE Flow-Through Share for gross proceeds of C$10,000,000; and (iii) 4,282,655 Common Shares issued as "flow-through shares" within the meaning of subsection 66(15) of the Tax Act ("National CEE Flow-Through Shares" and together with the BC CEE Flow-Through Shares (the "Flow-Through Shares")) at a price of C$4.67 per National CEE Flow-Through Share for gross proceeds of C$19,999,999. The gross proceeds of the Offering from the issuance of Flow-Through Shares will be used by the Company to incur (or be deemed to incur) eligible "Canadian exploration expenses" (as defined in subsection 66.1(6) of the Tax Act) that qualify as "flow-through mining expenditures" (as defined in subsection 127(9) of the Tax Act) (the "Qualifying Expenditures") related to Lawyers-Ranch. Qualifying Expenditures with respect to the BC CEE Flow-Through Shares will also qualify as "BC flow-through mining expenditures" as such term is defined in section 4.721(1) of the Income Tax Act (British Columbia). Qualifying Expenditures in an aggregate amount not less than the gross proceeds from the issue of the Flow-Through Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2027 and will be renounced by the Company in favor of the subscribers for the Flow-Through Shares effective on or before December 31, 2026. The gross proceeds of the Offering from the issuance of Common Shares will be used for working capital and general corporate purposes, including work related to the technical studies currently underway at Lawyers-Ranch. In connection with closing of the Offering, the Company and AngloGold Ashanti will enter into an amended and restated investor rights agreement, superseding the current investor rights agreement dated February 26, 2026, which will provide for, among other things, certain investor rights to AngloGold Ashanti that are customary for transactions of this nature upon satisfaction of certain conditions. All securities issued pursuant to the Offering are subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange ("TSXV") and applicable securities laws. The Offering is subject to final approval by the TSXV. The Company anticipates the Offering will close on or around August 27, 2026, subject to satisfying customary closing conditions. On behalf of the Board of Directors, Thesis Gold & Silver Inc., "Ewan Webster" Ewan Webster Ph.D., P. Geo. President, CEO, and Director About Thesis Gold & Silver Inc. Thesis is a Canadian precious metals development company focused on advancing its 100%-owned Lawyers-Ranch Gold-Silver Project in British Columbia's prolific Toodoggone Mining District, one of North America's most prospective emerging precious-metals districts. Lawyers-Ranch hosts a large, high-quality gold equivalent Mineral Resource with meaningful exposure to silver, which represents a significant component of the Project and long-term value proposition. Thesis is advancing Lawyers-Ranch through feasibility, permitting, and continued exploration, with the objective of unlocking long-term value for shareholders and stakeholders. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Forward-looking information includes, without limitation, statements regarding closing of the Offering, approval of the TSXV, customary closing conditions respecting the Offering, the anticipated use of proceeds of the Offering the renunciation of Qualifying Expenditures and the anticipated closing date of the Offering. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information include that closing of the Offering may not occur when anticipated or at all, risk relating to obtaining approval of the TSXV, failure by the Company to renunciate Qualifying Expenditures on or before December 31, 2026 and the impact on the Flow-Through Shares, risks respecting the ability of Thesis to complete further exploration activities, including drilling, the ability of exploration activities to accurately predict mineralization, errors in management's geological and financial modeling, changes to the parameters of Lawyers-Ranch, including budget and schedule, uncertainties with respect to actual results of current exploration activities, delays in the advancement of Lawyers-Ranch, including with respect to drilling activities, equipment availability and/or issues, labour force shortages, fluctuations in metal and foreign exchange rates, limitation on insurance coverage, accidents, lack of available capital to the Company, failure to obtain necessary regulatory approvals within the anticipated timeline as the Lawyers-Ranch advances, labour disputes and other risks of the mining industry, the ability of the Company and stakeholders to realize the anticipated benefits of the Lawyers-Ranch, delays in obtaining governmental approvals or in the completion of development or construction activities, opposition by social and non-government organizations to mining projects, including First Nations communities, the Company's interest in and title to its properties, including the Lawyers-Ranch, resulting from unanticipated title disputes, claims or litigation, the ability of the Company to maintain all current and required permits, cyber-attacks and other cybersecurity risks and changes to tax regimes and other regulatory environments in the jurisdictions relevant to the Company, the ability of the Company to obtain additional financing on satisfactory terms or at all, the ability of management of the Company to operate and grow Thesis' business effectively, fluctuations in metal prices, the speculative nature of mineral exploration and development, and other risks described in the Company's filings, including in the risk factors in the Company's most recent management's discussion and analysis, which are available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. SOURCE Thesis Gold & Silver Inc. For further information or investor relations inquiries, please contact: Kettina Cordero, Vice President Investor Relations, Email: [email protected], Tel: +1 672-910-0026

StockTitan
Aug 17th, 2026
AngloGold Ashanti plans a bigger stake in a B.C. gold-silver project

AngloGold Ashanti's stake would rise from approximately 5% to 9.7%, funding Lawyers-Ranch work; closing is expected around Aug. 27, subject to TSXV approval.

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