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    Sandile Magagula's questions to Anglogold Ashanti PLC (AU) leadership

    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.

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    Sandile Magagula's questions to Anglogold Ashanti PLC (AU) leadership • H1 2024

    Question

    Sandile Magagula asked if the reported free cash flow figure included proceeds from Kibali and whether the strong performance from the Brazil operations was sustainable into the second half of the year.

    Answer

    CFO Gillian Doran confirmed that the free cash flow figure of $206 million does include proceeds from Kibali. CEO Alberto Calderon affirmed that the performance in Brazil is sustainable, attributing it to the new leadership team and stating that the 'positive inertia' from their improvements is continuing into the third quarter.

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