Strong Gold Output Drives AngloGold Ashanti’s Record Q3 2025 Cash Flow
Mining News | 2025-11-12 11:05:19
This notable increase was primarily driven by Sukari’s inclusion and the continued ramp-up at Obuasi mine in Ghana.
By Paul Ploumis
SEATTLE (Scrap Monster): AngloGold Ashanti plc has announed robust financial and operational results for the third quarter of 2025, driven by higher gold production, improved mine performance, and strong cash generation.
The company’s gold production surged 17% year-on-year to 768,000 ounces in Q3 2025, compared to 657,000 ounces in the same quarter last year. The increase was largely attributed to enhanced contributions from the Sukari mine and stronger performance at key operations including Obuasi, Kibali, Geita, and Cuiabá.
Production from managed operations rose 16% year-on-year, reaching 682,000 ounces, up from 586,000 ounces in Q3 2024. AngloGold noted that the inclusion of Sukari and the continued ramp-up of the Obuasi mine in Ghana were major growth drivers.
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AngloGold’s adjusted EBITDA more than doubled, rising 109% to $1.6 billion, compared to $746 million in Q3 2024, reflecting higher production, stronger pricing, and disciplined cost management.
In line with its strong financial performance, the company declared a quarterly dividend of $460 million, reinforcing its commitment to delivering shareholder returns.
The gold producer stated that continued operational optimization, together with favorable market conditions, positions AngloGold Ashanti for sustained growth heading into 2026.
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Frequently Asked Questions
- How did AngloGold Ashanti perform in the third quarter of 2025?
The company delivered strong Q3 results, reporting 17% higher gold production at 768,000 ounces and record free cash flow of $920 million.
- What factors contributed to the company’s strong performance?
Growth was driven by higher production from Sukari, improved output at Obuasi, Kibali, Geita, and Cuiabá mines, and a 40% increase in gold prices year-on-year.
- How did AngloGold’s financial metrics improve compared to last year?
Cash generated from operations rose 94%, while adjusted EBITDA more than doubled to $1.6 billion, reflecting higher prices and operational efficiency.
