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AngloGold Ashanti to meet production targets despite flooding and a fatality at its mines

Market News
29 Sep 2026
Seeking Alpha
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Neutral
AngloGold Ashanti to meet production targets despite flooding and a fatality at its mines

AngloGold Ashanti's CEO Alberto Calderon confirmed the company will meet its production guidance this year while maintaining cost control. The company faced challenges including flooding at its Iduapriem mine caused by heavy rains and neighboring pit overflow, which temporarily disrupted operations. A fatality occurred, underscoring the company's focus on safety. Despite these issues, the diverse portfolio of Tier 1 assets helps offset setbacks, keeping the company on track.

AngloGold Ashanti's stock is currently trading at USD 93.73 on Pluang, showing a 1.03% increase in the last day. The company maintains a strong market presence with a $46.92 billion market cap as of Sep 30, 2026, 00:21 WIB.

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