6-K 1 agaq1mar2025operatingstati.htm 6-K AGA Q1 Mar 2025 Operating Statistics
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 May 2025
Commission File Number: 001-41815
            AngloGold Ashanti plc           
(Translation of registrant’s name into English)
4th Floor, Communications House, South
Street
Staines-upon-Thames, Surrey TW18 4PR
        United Kingdom        
6363 S. Fiddlers Green Circle, Suite 1000
Greenwood Village, CO 80111
        United States of America       
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.
Form 20-F       Form 40-F ☐
Enclosure:  AngloGold Ashanti Operating Statistics for the Three Months Ended 31 March
2025
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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NYSE  I  JSE  I  GSE
Q1 2025
OPERATING STATISTICS
9 MAY 2025
MINING TO EMPOWER PEOPLE
AND ADVANCE SOCIETIES
Reporting method
During the financial year ended 31 December 2024, AngloGold Ashanti’s reporting for managed operations shifted from an attributable basis of
reporting to a consolidated basis of reporting. The change in reporting only impacts managed operations with non-controlling interests (i.e., Siguiri,
Cerro Vanguardia and Sukari), whereas joint operations (i.e., Tropicana), which are proportionately consolidated, remain unaffected. Non-managed
joint ventures (i.e., Kibali), which are accounted for under the equity method, also remain unaffected and their gold production, related unit revenue and
cost metrics continue to be reported on an attributable basis. As a result of this change in reporting, certain adjustments to exclude non-controlling
interests on gold production, related unit revenue and cost metrics have been discontinued. The metrics for the three months ended 31 March 2024
have been adjusted to reflect this change in reporting.
Non-GAAP financial measures
This communication may contain certain “Non-GAAP” financial measures, including, for example, “total cash costs”, “total cash costs per ounce”, “all-in
sustaining costs”, “all-in sustaining costs per ounce”, “average gold price received per ounce”, “sustaining capital expenditure” and “non-sustaining
capital expenditure”. AngloGold Ashanti utilises certain Non-GAAP performance measures and ratios in managing its business. Non-GAAP financial
measures should be viewed in addition to, and not as an alternative for, the reported operating results or cash flow from operations or any other
measures of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled
measures other companies may use. Reconciliations from IFRS to Non-GAAP financial measures can be found in AngloGold Ashanti’s Earnings
Release for the three months ended 31 March 2025, which is available on its website.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I GOLD PRODUCTION
GOLD PRODUCTION (000 OUNCES)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
AFRICA: NON-MANAGED JOINT VENTURES
63
76
Kibali - Attributable 45%(1)
63
76
AFRICA: MANAGED OPERATIONS
407
278
Iduapriem
40
62
Obuasi
54
54
Siguiri(3)
80
48
Geita
116
114
Sukari(3)
117
AUSTRALIA
135
109
Sunrise Dam
61
56
Tropicana - Attributable 70%
74
53
AMERICAS
115
128
Cerro Vanguardia(3)
47
42
AngloGold Ashanti Mineração(4)
58
65
Serra Grande
10
21
Managed operations
657
515
Non-managed joint ventures(1)
63
76
GROUP (2)
720
591
Adjusted to exclude Sukari
Managed operations(5)
540
515
Non-managed joint ventures(1)
63
76
GROUP(2)(5)
603
591
(1) Equity-accounted joint venture.
(2) Including equity-accounted non-managed joint ventures
(3) On a consolidated basis. Siguiri, Sukari and Cerro Vanguardia are owned 85%, 50% and 92.50% by AngloGold Ashanti, respectively.
(4) Includes gold concentrate from the Cuiabá mine sold to third parties in Q1 2024
(5) Adjusted to exclude the Sukari operation which was acquired on 22 November 2024 as part of the Centamin acquisition.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I GOLD SOLD
GOLD SOLD (000 OUNCES)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
AFRICA: NON-MANAGED JOINT VENTURES
67
73
Kibali - Attributable 45%(1)
67
73
AFRICA: MANAGED OPERATIONS
417
299
Iduapriem
40
66
Obuasi
60
58
Siguiri(3)
77
52
Geita
124
123
Sukari(3)
116
AUSTRALIA
136
115
Sunrise Dam
60
51
Tropicana - Attributable 70%
76
64
AMERICAS
117
138
Cerro Vanguardia(3)
49
53
AngloGold Ashanti Mineração(4)
58
66
Serra Grande
10
19
Managed operations
670
552
Non-managed joint ventures(1)
67
73
GROUP(2)
737
625
Adjusted to exclude Sukari
Managed operations(5)
554
552
Non-managed joint ventures(1)
67
73
GROUP(2)(5)
621
625
(1) Equity-accounted joint venture.
(2) Including equity-accounted non-managed joint ventures
(3) On a consolidated basis. Siguiri, Sukari and Cerro Vanguardia are owned 85%, 50% and 92.50% by AngloGold Ashanti, respectively.
(4) Includes gold concentrate from the Cuiabá mine sold to third parties in Q1 2024.
(5) Adjusted to exclude the Sukari operation which was acquired on 22 November 2024 as part of the Centamin acquisition.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I TOTAL CASH COSTS
TOTAL CASH COSTS* ($m)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
AFRICA: NON-MANAGED JOINT VENTURES
84
63
Kibali - Attributable 45%(1)
84
63
AFRICA: MANAGED OPERATIONS
466
347
Iduapriem
60
55
Obuasi
69
67
Siguiri(3)
122
106
Geita
118
119
Sukari(3)
97
AUSTRALIA
197
168
Sunrise Dam
91
91
Tropicana - Attributable 70%
97
69
Admin and other
9
8
AMERICAS
134
121
Cerro Vanguardia(3)
56
38
AngloGold Ashanti Mineração
52
56
Serra Grande
25
27
Admin and other
1
CORPORATE AND OTHER(4)
Managed operations
797
636
Non-managed joint ventures(1)
84
63
GROUP (2)
881
699
Adjusted to exclude Sukari
Managed operations(5)
700
636
Non-managed joint ventures(1)
84
63
GROUP(2)(5)
784
699
(1) Equity-accounted joint venture.
(2) Including equity-accounted non-managed joint ventures
(3) On a consolidated basis. Siguiri, Sukari and Cerro Vanguardia are owned 85%, 50% and 92.50% by AngloGold Ashanti, respectively.
(4) Corporate included non-gold producing managed operations.
(5) Adjusted to exclude the Sukari operation which was acquired on 22 November 2024 as part of the Centamin acquisition.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I ALL-IN SUSTAINING COSTS
ALL-IN SUSTAINING COSTS* ($m)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
AFRICA: NON-MANAGED JOINT VENTURES
98
78
Kibali - Attributable 45%(1)
98
78
AFRICA: MANAGED OPERATIONS
656
518
Iduapriem
81
86
Obuasi
118
108
Siguiri(3)
134
140
Geita
189
184
Sukari(3)
134
AUSTRALIA
223
198
Sunrise Dam
105
96
Tropicana - Attributable 70%
108
94
Admin and other
10
8
AMERICAS
203
185
Cerro Vanguardia(3)
77
61
AngloGold Ashanti Mineração
90
87
Serra Grande
35
37
Admin and other
1
PROJECTS
2
2
CORPORATE AND OTHER(4)
27
31
Managed operations
1,111
934
Non-managed joint ventures(1)
98
78
GROUP(2)
1,209
1,012
Adjusted to exclude Sukari
Managed operations(5)
977
934
Non-managed joint ventures(1)
98
78
GROUP(2)(5)
1,075
1,012
(1) Equity-accounted joint venture.
(2) Including equity-accounted non-managed joint ventures
(3) On a consolidated basis. Siguiri, Sukari and Cerro Vanguardia are owned 85%, 50% and 92.50% by AngloGold Ashanti, respectively.
(4) Corporate included non-gold producing managed operations.
(5) Adjusted to exclude the Sukari operation which was acquired on 22 November 2024 as part of the Centamin acquisition.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I SUSTAINING CAPITAL EXPENDITURE
SUSTAINING CAPITAL EXPENDITURE* ($m)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
AFRICA: NON-MANAGED JOINT VENTURES
13
16
Kibali - Attributable 45%(1)
13
16
AFRICA: MANAGED OPERATIONS
155
132
Iduapriem
19
25
Obuasi
37
33
Siguiri(3)
12
25
Geita
55
49
Sukari(3)(4)
32
AUSTRALIA
19
16
Sunrise Dam
13
9
Tropicana - Attributable 70%
6
7
Admin and other
AMERICAS
48
41
Cerro Vanguardia(3)
15
11
AngloGold Ashanti Mineração
25
22
Serra Grande
8
8
PROJECTS
1
1
Managed operations
223
190
Non-managed joint ventures(1)
13
16
GROUP(2)
236
206
Adjusted to exclude Sukari
Managed operations(5)
191
190
Non-managed joint ventures(1)
13
16
GROUP(2)(5)
204
206
(1) Equity-accounted joint venture.
(2) Including equity-accounted non-managed joint ventures
(3) On a consolidated basis. Siguiri, Sukari and Cerro Vanguardia are owned 85%, 50% and 92.50% by AngloGold Ashanti, respectively.
(4) Due to the short timeframe since the acquisition of Sukari in November 2024, sustaining capital expenditure may not accurately reflect typical spending patterns.
(5) Adjusted to exclude the Sukari operation which was acquired on 22 November 2024 as part of the Centamin acquisition.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS I KIBALI
KIBALI(1)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
327
423
Underground waste
56
38
Total underground
382
461
Underground ore mined grade (g/tonne)
5.02
5.05
Open pit tonnes mined (000 tonnes):
Open pit ore
392
605
Open pit waste
4,472
4,082
Total open pit
4,864
4,687
Open pit mined grade (g/tonne)
1.48
1.42
Tonnes milled/processed (000 tonnes):
Underground operations
323
416
Open pit operations
607
509
Total tonnes milled/processed
930
925
Average mill head grade (g/tonne)
2.36
2.85
Recovery rate (%)
89.6
89.2
Total recovered grade (g/tonne)
2.12
2.55
Gold ounces produced oz(000)
63
76
Gold ounces sold oz(000)
67
73
Average gold price received*(2) ($/ounce)
2,865
2,088
Gold income per segment information ($m)
191
151
Total cash costs* ($/ounce):
Operating costs
1,086
736
By-product credits
(7)
(5)
Royalties
246
99
Total cash costs* ($/ounce produced)
1,325
831
Total cash costs* ($m)
84
63
All-in sustaining costs* ($/ounce):
Total cash costs*
1,325
831
Inventory movements
(48)
(5)
Adjusted for decommissioning, inventory amortisation and other
1
1
Rehabilitation and other non-cash costs
(16)
(9)
Lease payment sustaining
3
23
Sustaining exploration and study costs
Sustaining capital expenditure
197
229
All-in sustaining costs* ($/ounce sold)
1,463
1,070
All-in sustaining costs* ($m)
98
78
Capital expenditure ($m):
Sustaining capital expenditure*
13
16
Non-sustaining capital expenditure*
20
9
Total capital expenditure
33
25
(1) On an attributable basis. Kibali  is owned 45% by AngloGold Ashanti.
(2) Average gold price received per ounce* is calculated by dividing the attributable US dollar value of gold income revenue metric by the attributable ounces of gold
sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  IDUAPRIEM
IDUAPRIEM
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Open pit tonnes mined (000 tonnes):
Open pit ore
783
1,264
Open pit waste
8,746
9,032
Total open pit
9,529
10,296
Open pit mined grade (g/tonne)
1.63
1.55
Tonnes milled/processed (000 tonnes):
Open pit operations
999
1,273
Average mill head grade (g/tonne)
1.34
1.54
Recovery rate (%)
94.8
96.8
Total recovered grade (g/tonne)
1.26
1.53
Gold ounces produced oz(000)
40
62
Gold ounces sold oz(000)
40
66
Average gold price received*(1) ($/ounce)
2,878
2,074
Gold income per segment information ($m)
114
138
Total cash costs* ($/ounce):
Operating costs
1,352
769
By-product credits
(2)
(3)
Royalties
142
110
Total cash costs* ($/ounce produced)
1,493
876
Total cash costs* ($m)
60
55
All-in sustaining costs* ($/ounce):
Total cash costs*
1,493
876
Inventory movements
(48)
15
Adjusted for decommissioning, inventory amortisation and other
(2)
(1)
Rehabilitation and other non-cash costs
77
13
Lease payment sustaining
28
12
Sustaining exploration and study costs
19
Sustaining capital expenditure
487
376
All-in sustaining costs* ($/ounce sold)
2,053
1,291
All-in sustaining costs* ($m)
81
86
Capital expenditure ($m):
Sustaining capital expenditure*
19
25
Non-sustaining capital expenditure*
16
4
Total capital expenditure
35
29
(1) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  OBUASI
OBUASI
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
279
255
Underground waste
172
168
Total underground
451
423
Underground ore mined grade (g/tonne)
5.88
6.66
Tonnes milled/processed (000 tonnes):
Underground operations
282
273
Supplemental tailings
50
Total tonnes milled/processed
282
323
Average mill head grade (g/tonne)
7.33
6.07
Recovery rate (%)
88.2
84.8
Total recovered grade (g/tonne)
5.95
5.15
Gold ounces produced oz(000)
54
54
Gold ounces sold oz(000)
60
58
Average gold price received*(1) ($/ounce)
2,868
2,078
Gold income per segment information ($m)
171
120
Total cash costs* ($/ounce):
Operating costs
1,127
1,140
By-product credits
(2)
(2)
Royalties
159
112
Total cash costs* ($/ounce produced)
1,284
1,251
Total cash costs* ($m)
69
67
All-in sustaining costs* ($/ounce):
Total cash costs*
1,284
1,251
Inventory movements
39
(6)
Adjusted for decommissioning, inventory amortisation and other
(2)
(1)
Rehabilitation and other non-cash costs
36
45
Sustaining exploration and study costs
2
6
Sustaining capital expenditure
613
572
All-in sustaining costs* ($/ounce sold)
1,973
1,866
All-in sustaining costs* ($m)
118
108
Capital expenditure ($m):
Sustaining capital expenditure*
37
33
Non-sustaining capital expenditure*
5
9
Total capital expenditure
42
42
(1) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  SIGUIRI
SIGUIRI(1)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Open pit tonnes mined (000 tonnes):
Open pit ore
1,522
1,049
Open pit waste
6,370
4,552
Total open pit
7,892
5,601
Open pit mined grade (g/tonne)
1.31
1.29
Tonnes milled/processed (000 tonnes):
Open pit operations
2,947
2,452
Average mill head grade (g/tonne)
0.93
0.87
Recovery rate (%)
91.0
70.6
Total recovered grade (g/tonne)
0.84
0.61
Gold ounces produced oz(000)
80
48
Gold ounces sold oz(000)
77
52
Average gold price received*(2) ($/ounce)
2,858
2,074
Gold income per segment information ($m)
221
109
Total cash costs* ($/ounce):
Operating costs
1,329
2,080
By-product credits
(2)
(6)
Royalties
194
113
Total cash costs* ($/ounce produced)
1,521
2,188
Total cash costs* ($m)
122
106
All-in sustaining costs* ($/ounce):
Total cash costs*
1,521
2,188
Inventory movements
19
(34)
Rehabilitation and other non-cash costs
9
19
Lease payment sustaining
17
1
Sustaining exploration and study costs
15
15
Sustaining capital expenditure
152
467
All-in sustaining costs* ($/ounce sold)
1,733
2,656
All-in sustaining costs* ($m)
134
140
Capital expenditure ($m):
Sustaining capital expenditure*
12
25
Non-sustaining capital expenditure*
Total capital expenditure
12
25
(1) On a consolidated basis. Siguiri is owned 85% by AngloGold Ashanti.
(2) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  GEITA
GEITA
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
726
690
Underground waste
362
297
Total underground
1,088
987
Underground ore mined grade (g/tonne)
4.26
4.08
Open pit tonnes mined (000 tonnes):
Open pit ore
978
530
Open pit waste
5,847
5,531
Total open pit
6,825
6,061
Open pit mined grade (g/tonne)
1.61
1.49
Tonnes milled/processed (000 tonnes):
Underground operations
605
629
Open pit operations
521
615
Total tonnes milled/processed
1,126
1,244
Average mill head grade (g/tonne)
3.53
3.13
Recovery rate (%)
90.4
91.0
Total recovered grade (g/tonne)
3.20
2.85
Gold ounces produced oz(000)
116
114
Gold ounces sold oz(000)
124
123
Average gold price received*(1) ($/ounce)
2,909
2,094
Gold income per segment information ($m)
362
256
Total cash costs* ($/ounce):
Operating costs
840
914
By-product credits
(7)
(3)
Royalties
188
135
Total cash costs* ($/ounce produced)
1,021
1,046
Total cash costs* ($m)
118
119
All-in sustaining costs* ($/ounce):
Total cash costs*
1,021
1,046
Inventory movements
2
(10)
Adjusted for decommissioning, inventory amortisation and other
(2)
(2)
Lease payment sustaining
45
55
Sustaining exploration and study costs
16
25
Sustaining capital expenditure
440
398
All-in sustaining costs* ($/ounce sold)
1,521
1,511
All-in sustaining costs* ($m)
189
184
Capital expenditure ($m):
Sustaining capital expenditure*
55
49
Non-sustaining capital expenditure*
5
2
Total capital expenditure
60
51
(1) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  SUKARI
SUKARI(1)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
275
Underground waste
182
Total underground
457
Underground ore mined grade (g/tonne)
4.57
Open pit tonnes mined (000 tonnes):
Open pit ore
2,973
Open pit waste
18,752
Total open pit
21,725
Open pit mined grade (g/tonne)
0.99
Heap leach tonnes mined (000 tonnes):
Heap leach ore mined
111
Tonnes milled/processed (000 tonnes):
Underground operations
272
Open pit operations
2,434
Total tonnes milled/processed
2,706
Heap leach placed
111
Average mill head grade (g/tonne)
1.40
Recovery rate (%)
89.2
Total recovered grade (g/tonne)
1.30
Gold ounces produced oz(000)
117
Gold ounces sold oz(000)
116
Average gold price received*(2) ($/ounce)
2,841
Gold income per segment information ($m)
330
Total cash costs* ($/ounce):
Operating costs
746
By-product credits
(5)
Royalties
85
Total cash costs* ($/ounce produced)
826
Total cash costs* ($m)
97
All-in sustaining costs* ($/ounce):
Total cash costs*
826
Inventory movements
44
Lease payment sustaining
5
Sustaining capital expenditure(3)
277
All-in sustaining costs* ($/ounce sold)(3)
1,153
All-in sustaining costs* ($m)(3)
134
Capital expenditure ($m):
Sustaining capital expenditure*(3)
32
Non-sustaining capital expenditure*
27
Total capital expenditure(3)
59
(1) On a consolidated basis. Sukari is owned 50% by AngloGold Ashanti.
(2) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
(3) Due to the short timeframe since the acquisition of Sukari in November 2024 , sustaining capital expenditure* may not accurately reflect typical spending patterns.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
14
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OPERATING STATISTICS  I  SUNRISE DAM
SUNRISE DAM
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
642
641
Underground waste
223
165
Total underground
865
806
Underground ore mined grade (g/tonne)
2.37
2.61
Open pit tonnes mined (000 tonnes):
Open pit ore
16
Open pit waste
2,040
2,605
Total open pit
2,056
2,605
Open pit mined grade (g/tonne)
1.96
Tonnes milled/processed (000 tonnes):
Underground operations
640
648
Open pit operations
308
325
Total tonnes milled/processed
948
973
Average mill head grade (g/tonne)
2.16
2.12
Recovery rate (%)
87.9
82.0
Total recovered grade (g/tonne)
2.00
1.78
Gold ounces produced oz(000)
61
56
Gold ounces sold oz(000)
60
51
Average gold price received*(1) ($/ounce)
2,852
2,063
Gold income per segment information ($m)
170
105
Total cash costs* ($/ounce):
Operating costs
1,416
1,593
By-product credits
(8)
(6)
Royalties
71
47
Total cash costs* ($/ounce produced)
1,479
1,634
Total cash costs* ($m)
91
91
All-in sustaining costs* ($/ounce):
Total cash costs*
1,479
1,634
Inventory movements
(4)
(12)
Adjusted for decommissioning, inventory amortisation and other
4
(4)
Rehabilitation and other non-cash costs
1
Lease payment sustaining
62
86
Sustaining exploration and study costs
4
2
Sustaining capital expenditure
222
181
All-in sustaining costs* ($/ounce sold)
1,768
1,886
All-in sustaining costs* ($m)
105
96
Capital expenditure ($m):
Sustaining capital expenditure*
13
9
Non-sustaining capital expenditure*
1
Total capital expenditure
13
10
(1) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  TROPICANA
TROPICANA(1)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
302
275
Underground waste
139
88
Total underground
441
363
Underground ore mined grade (g/tonne)
3.15
3.48
Open pit tonnes mined (000 tonnes):
Open pit ore
678
222
Open pit waste
6,991
9,475
Total open pit
7,669
9,697
Open pit mined grade (g/tonne)
1.37
0.95
Tonnes milled/processed (000 tonnes):
Underground operations
288
244
Open pit operations
1,242
1,124
Total tonnes milled/processed
1,530
1,368
Average mill head grade (g/tonne)
1.65
1.36
Recovery rate (%)
90.9
90.3
Total recovered grade (g/tonne)
1.50
1.21
Gold ounces produced oz(000)
74
53
Gold ounces sold oz(000)
76
64
Average gold price received*(2) ($/ounce)
2,854
2,060
Gold income per segment information ($m)
218
132
Total cash costs* ($/ounce):
Operating costs
1,254
1,245
By-product credits
(11)
(10)
Royalties
74
59
Total cash costs* ($/ounce produced)
1,317
1,294
Total cash costs* ($m)
97
69
All-in sustaining costs* ($/ounce):
Total cash costs*
1,317
1,294
Inventory movements
(39)
21
Adjusted for decommissioning, inventory amortisation and other
1
1
Rehabilitation and other non-cash costs
3
Lease payment sustaining
57
39
Sustaining exploration and study costs
1
Sustaining capital expenditure
72
107
All-in sustaining costs* ($/ounce sold)
1,409
1,466
All-in sustaining costs* ($m)
108
94
Capital expenditure ($m):
Sustaining capital expenditure*
6
7
Non-sustaining capital expenditure*
10
28
Total capital expenditure
16
35
(1) On an attributable basis. Tropicana is owned 70% by AngloGold Ashanti.
(2) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  CERRO VANGUARDIA
CERRO VANGUARDIA(1)
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
96
97
Underground waste
26
28
Total underground
122
125
Underground ore mined grade (g/tonne)
5.09
5.48
Open pit tonnes mined (000 tonnes):
Open pit ore
197
150
Open pit waste
4,103
4,190
Total open pit
4,300
4,340
Open pit mined grade (g/tonne)
2.51
2.83
Heap leach tonnes mined (000 tonnes):
Heap leach ore mined
171
287
Heap leach recovered grade (g/tonne)
0.58
0.55
Tonnes milled/processed (000 tonnes):
Underground operations
133
98
Open pit operations
184
202
Total tonnes milled/processed
317
300
Heap leach placed
520
487
Average mill head grade (g/tonne)
4.04
3.82
Recovery rate (%)
95.8
95.5
Total recovered grade (g/tonne)
1.74
1.68
Gold ounces produced oz(000)
47
42
Gold ounces sold oz(000)
49
53
Average gold price received*(2) ($/ounce)
2,907
2,086
Gold income per segment information ($m)
142
109
Total cash costs* ($/ounce):
Operating costs
1,637
1,447
By-product credits
(639)
(727)
Royalties
202
182
Total cash costs* ($/ounce produced)
1,201
902
Total cash costs* ($m)
56
38
All-in sustaining costs* ($/ounce):
Total cash costs*
1,201
902
Inventory movements
41
41
Adjusted for decommissioning, inventory amortisation and other
(28)
(41)
Rehabilitation and other non-cash costs
62
21
Sustaining exploration and study costs
4
24
Sustaining capital expenditure
297
214
All-in sustaining costs* ($/ounce sold)
1,577
1,161
All-in sustaining costs* ($m)
77
61
Capital expenditure ($m):
Sustaining capital expenditure*
15
11
Non-sustaining capital expenditure*
Total capital expenditure
15
11
(1) On a consolidated basis. Cerro Vanguardia is owned 92.50% by AngloGold Ashanti.
(2) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
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OPERATING STATISTICS  I  ANGLOGOLD ASHANTI MINERAÇÃO
ANGLOGOLD ASHANTI MINERAÇÃO
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
332
114
Underground waste
339
315
Concentrate ore
235
Total underground
671
664
Underground ore mined grade (g/tonne)
6.62
5.96
Tonnes milled/processed (000 tonnes):
Underground operations
331
117
Concentrate
242
Total tonnes milled/processed
331
359
Average mill head grade (g/tonne)
6.86
5.95
Recovery rate (%)
92.2
96.2
Total recovered grade (g/tonne)
5.43
5.65
Gold ounces produced oz(000)
58
65
Gold ounces sold oz(000)
58
66
Average gold price received*(1) ($/ounce)
2,917
1,926
Gold income per segment information ($m)
169
128
Total cash costs* ($/ounce):
Operating costs
903
826
By-product credits
(55)
(1)
Royalties
49
32
Total cash costs* ($/ounce produced)
897
856
Total cash costs* ($m)
52
56
All-in sustaining costs* ($/ounce):
Total cash costs*
897
856
Inventory movements
2
15
Adjusted for decommissioning, inventory amortisation and other
(3)
2
Rehabilitation and other non-cash costs
118
1
Lease payment sustaining
104
107
Sustaining exploration and study costs
2
2
Sustaining capital expenditure
424
328
All-in sustaining costs* ($/ounce sold)
1,544
1,311
All-in sustaining costs* ($m)
90
87
Capital expenditure ($m):
Sustaining capital expenditure*
25
22
Non-sustaining capital expenditure*
Total capital expenditure
25
22
(1) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
QUARTER 1 2025 EARNINGS RELEASE: OPERATING STATISTICS
18
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OPERATING STATISTICS  I  SERRA GRANDE
SERRA GRANDE
Quarter
Quarter
ended
ended
Mar
Mar
2025
2024
Unaudited
Unaudited
Underground tonnes mined (000 tonnes):
Underground ore
162
216
Underground waste
118
135
Total underground
280
351
Underground ore mined grade (g/tonne)
2.18
3.23
Open pit tonnes mined (000 tonnes):
Open pit ore
2
Open pit waste
Total open pit
2
Open pit mined grade (g/tonne)
1.31
Tonnes milled/processed (000 tonnes):
Underground operations
163
215
Open pit operations
2
Total tonnes milled/processed
165
215
Average mill head grade (g/tonne)
2.00
2.96
Recovery rate (%)
91.8
94.3
Total recovered grade (g/tonne)
1.91
2.98
Gold ounces produced oz(000)
10
21
Gold ounces sold oz(000)
10
19
Average gold price received*(1) ($/ounce)
2,894
2,083
Gold income per segment information ($m)
30
41
Total cash costs* ($/ounce):
Operating costs
2,422
1,258
By-product credits
(1)
Royalties
63
48
Total cash costs* ($/ounce produced)
2,485
1,306
Total cash costs* ($m)
25
27
All-in sustaining costs* ($/ounce):
Total cash costs*
2,485
1,306
Inventory movements
(49)
46
Adjusted for decommissioning, inventory amortisation and other
7
(19)
Rehabilitation and other non-cash costs
(67)
37
Lease payment sustaining
214
127
Sustaining exploration and study costs
2
Sustaining capital expenditure
814
392
All-in sustaining costs* ($/ounce sold)
3,403
1,892
All-in sustaining costs* ($m)
35
37
Capital expenditure ($m):
Sustaining capital expenditure*
8
8
Total capital expenditure
8
8
(1) Average gold price received per ounce* is calculated by dividing the consolidated US dollar value of gold income revenue metric by the consolidated ounces of
gold sold.
*Refer to “Non-GAAP disclosure” in AngloGold Ashanti’s Earnings Release for the three months ended 31 March 2025, for definitions and reconciliations.
Rounding of figures may result in computational discrepancies.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorised.
                                                                    AngloGold Ashanti plc
Date: 9 May 2025
By:/s/ C STEAD
Name:C Stead
Title:Company Secretary