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AngloGold Ashanti raises dividend after 151% jump in second-quarter profit
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AngloGold Ashanti raises dividend after 151% jump in second-quarter profit
Aug 1, 2025 4:47 AM

Aug 1 (Reuters) - AngloGold Ashanti's ( AU )

second-quarter profit jumped 151% on record gold prices and

increased output, allowing the company to bump up its quarterly

dividend, it said on Friday.

The gold miner's headline earnings were $639 million in the

three months to June 30, up from $255 million a year earlier.

AngloGold Ashanti's ( AU ) gold production increased by 21% to

804,000 ounces during the quarter, driven by strong

contributions from the Obuasi mine in Ghana, the Geita mine in

Tanzania and the addition of Egypt's Sukari mine, in which it

acquired a 50% share last year.

The company said its average gold price increased to

$3,287 per ounce in the second quarter of 2025, from $2,330

an ounce during the same period last year.

AngloGold Ashanti ( AU ) declared a quarterly dividend of $0.80

per share, above its minimum quarterly payout of $0.125 per

share, reflecting "the strength of cash flows and confidence in

the outlook", the company said.

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