Sandile Magagula's questions to Anglogold Ashanti PLC (AU) leadership • Q2 2024
Question
Sandile Magagula asked via webcast if the reported free cash flow figure includes proceeds from Kibali and questioned the sustainability of the strong performance from the Brazil operations into the second half of the year.
Answer
CFO Gillian Doran confirmed that the free cash flow figure of $206 million includes loan repayments and dividends from the Kibali mine. CEO Alberto Calderon affirmed that the performance turnaround in Brazil is sustainable due to the efforts of the new leadership team and that positive operational momentum is continuing into Q3.