AngloGold Ashanti Reports 58% Rise in Headline Earnings for Q2 2026
AngloGold Ashanti reported a significant increase of 58% in headline earnings to $1 billion for the second quarter of 2026, compared to $639 million during the same period in 2025. This growth was attributed to improved cost management and a 35% rise in the average gold price per ounce, which reached $4,446. The company also saw its EBITDA increase by 46% year-on-year to $2 billion from $1.4 billion. Free cash flow for Q2 rose by 36%, reaching $727 million, enhancing the balance sheet and supporting higher shareholder returns. An interim dividend of $0.72 per share was declared, contributing a total of $949 million in dividends for H1 2026. Despite gold production declining to 744,000 ounces due to mine sales and maintenance issues, the company expects an increase in output during the second half of the year.
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Topics: dividend financial performance gold mining