Name Withheld's questions to Anglogold Ashanti PLC (AU) leadership • Q1 2025
Question
An analyst from Investec asked if the appeal of hedging has increased with high gold prices and for the company's current view on M&A.
Answer
CEO Alberto Calderon responded that the company's policy is not to hedge, viewing it as too speculative. On M&A, he stated the company's focus remains internal on operational discipline, integrating Sukari, and executing divestitures, rather than pursuing acquisitions.