AngloGold Ashanti: The gold mining company benefits from the current gold rush and expands its production capacity

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In light of the current macroeconomic context, the recent gold price rally is likely to continue for the time being. The upward trend in gold prices has significantly benefited gold mining companies in 2024 and is expected to continue to boost them this year. The acquisition of the Sukari gold mine as part of the Centamin deal provides Anglo with a new growth catalyst for this year, following the company achieving a record free cash flow in 2024. AngloGold Ashanti plc (NYSE:AU) is a global gold mining company with operations in Africa,...
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