AngloGold Ashanti Reports Record Free Cash Flow in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 20 2026
0mins
Should l Buy AU?
Source: Businesswire
- Record Free Cash Flow: AngloGold Ashanti achieved a record free cash flow of $2.9 billion in 2025, driven by strong production growth and higher gold prices, showcasing the company's excellence in cost control and operational efficiency.
- Historic Dividend Payments: The company declared an interim dividend of $875 million for Q4 2025, bringing the total payout for the year to $1.8 billion, the highest ever, reflecting confidence in future performance and commitment to shareholder returns.
- Significant Gold Production Growth: Gold production increased by 16% year-on-year to 3.1 million ounces in 2025, primarily due to the full-year contribution from the Sukari mine, further solidifying the company's competitive position in the global gold market.
- Improved Safety Performance: The Total Recordable Injury Frequency Rate (TRIFR) improved to 0.97 in 2025, the lowest in the company's history and well below the industry average of the International Council on Metals and Minerals, demonstrating ongoing efforts in safety management.
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Analyst Views on AU
Wall Street analysts forecast AU stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 90.690
Low
92.00
Averages
116.20
High
131.00
Current: 90.690
Low
92.00
Averages
116.20
High
131.00
About AU
AngloGold Ashanti plc is a global gold mining company with a diverse portfolio of operations, projects and exploration activities in over 10 countries, across four continents. The Company’s diverse portfolio includes approximately 10 operations in eight countries, which includes Argentina, Australia, Brazil, the Democratic Republic of the Congo (DRC), Egypt, Ghana, Guinea and Tanzania. Its Africa portfolio includes Kibali- managed by Barrick Gold Corporation, Egypt (Sukari), Ghana (Iduapriem and Obuasi), Guinea (Siguiri) and Tanzania (Geita). Australia hosts two of its operations, which include Sunrise Dam and Tropicana, both in the north-eastern goldfields in the state of Western Australia. The Americas hosts three of its operations, one in Argentina and two in Brazil, and a significant new greenfield development in Nevada in the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Central Bank Gold Purchases: In Q1 2026, central banks added a net 244 tonnes of gold, despite some sovereign sellers, reflecting a sustained strategic demand for gold that bolsters market confidence.
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- Central Bank Gold Purchases: In Q1 2026, central banks added a net 244 tonnes of gold, despite some sovereign sellers, indicating a sustained rise in institutional demand for gold, which further supports the upward trend in gold prices.
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