Key TakeawaysAngloGold Ashanti agreed to buy Centamin for $2.5 billion to boost its gold mining portfolio in Africa.AngloGold is paying Centamin shareholders $0.125 in cash and 0.06983 shares in stock.The deal gives AngloGold the largest gold mine in Egypt. Shares of AngloGold Ashanti Plc (AU) tumbled Tuesday after the gold miner announced a deal to buy smaller rival Centamin for $2.5 billion in cash and stock. AngloGold will pay Centamin investors $0.125 in cash and 0.06983 in new AngloGold Ashanti shares ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number: 001-41815 AngloGold Ashanti plc (Translation of registrant's name into English) 4th Floor, Communications House, South Street 6363 S. Fiddlers Green Circle, Suite 1000 Staines-upon-Thames, Surrey TW18 4PR Greenwood Village, CO 80111 United Kingdom United States of A ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is AngloGold Ashanti (AU) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.AngloGold Ashanti is a member of the Basic Materials sector. This group includes 236 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 dif ...

Most investors focus on Wall Street analyst forecasts and economist opinions to determine what to do with their liquid capital. While this is a good place to start and consider when doing their own due diligence, other factors should be taken into consideration when connecting the dots and understanding where the economy might be headed next.This factor is management activity. Whether it is share buybacks, insider transactions, or, more particularly, dividend payout increases, investors can gain massive ins ...

Shares of AngloGold Ashanti PLC (AU) scaled a new 52-week high of $32.34 on Aug 20 before ending the session lower at $32.09. The upside was fueled by a spike in gold prices.AngloGold Ashanti has a market capitalization of $13.5 billion and currently carries a Zacks Rank #3 (Hold).Shares of the company have gained 71.7% year to date, outpacing the industry’s 28.9% growth and the S&P 500’s 17.7% rise. Meanwhile, the Basic Materials sector has declined 4.2% in the same time frame. Image Source: Zacks Investme ...

Investors digested the sudden spike in volatility last week, bringing stock market indexes lower across the global financial markets. What arguably started with Japan’s interest rate hikes, which triggered an unwind in the so-called “Carry Trade,” has become top of mind for those looking to protect their portfolios. Someone has to return peace of mind to the market.Companies do this by reiterating their faith in the future of their stock prices, as they expect a swift price recovery to follow after the sudd ...

The first ever copper-gold focused drilling program at the northern portion of the Nyngan Project will shortly commence with earn-in partner AngloGold Ashanti Australia (AngloGold Ashanti).New district-scale potential with up to eight large intrusive complex targets to be drill-tested for the first time in this initial first phase program.Approximately 6 to 8 drill holes for an estimated 4000-5000 metres budgeted before the summer break. Kincora is managing the program and will receive a 10% management fee ...

AngloGold Ashanti plc (NYSE:AU) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Alberto Calderon - Chief Executive Officer, Executive Director Gillian Doran - Chief Financial Officer, Executive Director Stewart Bailey - Chief Sustainability & Corporate Affairs Officer Conference Call Participants Adrian Hammond - SPG Securities Leroy Mnguni - HSBC Chris Nicholson - RMB Morgan Stanley Raj Ray - BMO Capital Markets Adrian Day - Adrian Day Asset Management Tanya Jakusconek - Sco ...

H1 2024 Results TROPICANA, AUSTRALIA DISCLAIMER Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, return on equity, productivity improvements, growth prospects and outlook of AngloGold Ashanti plc's (the "Company", "AngloGold A ...

Company Performance - AngloGold Ashanti closed at $27.14, with a +0.11% change from the previous session, outperforming the S&P 500's daily gain of 0.08% [1] - Over the past month, shares of AngloGold Ashanti gained 7.88%, while the Basic Materials sector lost 1.43% and the S&P 500 lost 0.21% [1] - The upcoming earnings report is set for August 6, 2024, with projected EPS of $0.51, indicating a 200% increase year-over-year, and revenue expected at $1.23 billion, reflecting a 6.23% rise [1] Annual Estimates - For the annual period, Zacks Consensus Estimates anticipate earnings of $2.29 per share and revenue of $5.08 billion, signifying shifts of +2181.82% and +10.78% respectively from the last year [2] - Recent revisions to analyst forecasts are crucial as they indicate changing business trends, with upward revisions reflecting analysts' positivity towards the company's operations [2] Valuation and Ranking - AngloGold Ashanti currently has a Zacks Rank of 5 (Strong Sell), with a consensus EPS projection moving 3.17% lower in the past 30 days [3] - The company is trading at a Forward P/E ratio of 11.84, which is a discount compared to the industry's average Forward P/E of 15.28 [3] - The Mining - Gold industry holds a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries [3]