AngloGold Ashanti plc(US:AU)2025-05-09 11:56Financial Performance - AngloGold Ashanti's Q1 2025 gold production increased by 22% to 720,000 ounces compared to 591,000 ounces in Q1 2024 [55] - The average gold price received increased by 39% to $2,874 per ounce in Q1 2025 from $2,063 per ounce in Q1 2024 [56] - Free cash flow surged by 607% to $403 million in Q1 2025, a significant increase from $57 million in Q1 2024 [18, 50] - Adjusted EBITDA increased by 158% to $1120 million in Q1 2025 compared to $434 million in Q1 2024 [18, 56, 95] - Basic earnings increased by 664% to $443 million in Q1 2025, compared to $58 million in Q1 2024 [18, 56] Cost Management - Group total cash costs increased by 4% year-over-year to $1,223 per ounce in Q1 2025 from $1,181 per ounce in Q1 2024 [18, 55] - Total cash costs for managed operations decreased by 2% year-over-year to $1,213 per ounce in Q1 2025 from $1,232 per ounce in Q1 2024 [18, 55] Balance Sheet and Liquidity - Adjusted net debt decreased by 60% to $525 million in Q1 2025 from $1,322 million in Q1 2024 [18, 56] - Strong liquidity of approximately $30 billion [18] Operational Highlights - Obuasi's UHDF ore tonnes mined was up 72% in Q1 2025 vs Q4 2024 [28]