v3.25.2
Segmental reporting
6 Months Ended
Jun. 30, 2025
Disclosure of operating segments [abstract]  
Segmental reporting Segmental reporting
AngloGold Ashanti’s operating segments are being reported based on the financial information regularly provided to the Chief Executive Officer and
the Executive Committee, collectively identified as the Chief Operating Decision Maker (CODM). Individual members of the Executive Committee
are responsible for geographic regions of the business.
Under the Group’s operating model, the financial results and the composition of the operating segments are reported to the CODM per
geographical region and the Projects segment which comprises all the major non-sustaining capital projects with the potential to be developed into
operating entities.
In addition to the geographical reportable segments structure, the Group has voluntarily disaggregated and disclosed the financial information on a
line-by-line basis for each mining operation to facilitate comparability of mine performance.
Gold income
Six months
Six months
ended
ended
June
June
2025
2024
US Dollar millions
Unaudited
Unaudited
AFRICA
3,190
1,699
Kibali - Attributable 45%
417
340
Iduapriem
278
289
Obuasi
376
249
Siguiri
511
291
Geita
828
530
Sukari
780
AUSTRALIA
797
561
Sunrise Dam
366
272
Tropicana - Attributable 70%
431
289
AMERICAS
764
571
Cerro Vanguardia
295
207
AngloGold Ashanti Mineração (1)
387
273
Serra Grande
82
91
4,751
2,831
Equity-accounted joint venture included above
(417)
(340)
4,334
2,491
(1) Includes income from sale of gold concentrate, see note 2.
By-product revenue
US Dollar millions
AFRICA
5
3
Kibali - Attributable 45%
1
1
Obuasi
1
Siguiri
1
Geita
2
1
Sukari
1
AUSTRALIA
3
2
Sunrise Dam
1
1
Tropicana - Attributable 70%
2
1
AMERICAS
67
57
Cerro Vanguardia
58
57
AngloGold Ashanti Mineração
9
75
62
Equity-accounted joint venture included above
(1)
(1)
74
61
Segmental reporting (continued)
Cost of sales
Six months
Six months
ended
ended
June
June
2025
2024
US Dollar millions
Unaudited
Unaudited
AFRICA
1,636
1,092
Kibali - Attributable 45%
213
174
Iduapriem
201
167
Obuasi
202
180
Siguiri
300
261
Geita
350
310
Sukari
370
AUSTRALIA
475
438
Sunrise Dam
216
215
Tropicana - Attributable 70%
241
206
Administration and other
18
17
AMERICAS
467
405
Cerro Vanguardia
226
175
AngloGold Ashanti Mineração
171
164
Serra Grande
68
65
Administration and other
2
1
CORPORATE AND OTHER
7
1
2,585
1,936
Equity-accounted joint venture included above
(213)
(174)
2,372
1,762
Gross profit (1)
US Dollar millions
AFRICA
1,559
610
Kibali - Attributable 45%
205
167
Iduapriem
76
122
Obuasi
175
69
Siguiri
211
31
Geita
480
221
Sukari
412
AUSTRALIA
325
125
Sunrise Dam
151
57
Tropicana - Attributable 70%
192
85
Administration and other
(18)
(17)
AMERICAS
364
222
Cerro Vanguardia
128
88
AngloGold Ashanti Mineração
225
108
Serra Grande
13
27
Administration and other
(2)
(1)
CORPORATE AND OTHER
(7)
(41)
2,241
916
Equity-accounted joint venture included above
(205)
(167)
2,036
749
(1) The Group’s segmental profit measure is gross profit (loss), which excludes the results of associates and joint ventures. For the reconciliation of gross profit (loss) to
profit (loss) before taxation, refer to the Group income statement.
Amortisation
Six months
Six months
ended
ended
June
June
2025
2024
US Dollar millions
Unaudited
Unaudited
AFRICA
428
203
Kibali - Attributable 45%
47
43
Iduapriem
56
41
Obuasi
42
33
Siguiri
33
25
Geita
81
61
Sukari
169
AUSTRALIA
76
83
Sunrise Dam
29
39
Tropicana - Attributable 70%
47
43
Administration and other
1
AMERICAS
99
84
Cerro Vanguardia
37
25
AngloGold Ashanti Mineração
48
49
Serra Grande
14
10
CORPORATE AND OTHER
2
2
605
372
Equity-accounted joint venture included above
(47)
(43)
558
329
Capital expenditure
US Dollar millions
AFRICA
510
355
Kibali - Attributable 45%
64
61
Iduapriem
72
70
Obuasi
88
89
Siguiri
32
43
Geita
129
92
Sukari
125
AUSTRALIA
75
86
Sunrise Dam
30
23
Tropicana - Attributable 70%
45
63
AMERICAS
105
91
Cerro Vanguardia
31
28
AngloGold Ashanti Mineração
54
46
Serra Grande
20
17
PROJECTS
27
19
Colombian projects
10
3
North American projects
17
16
717
551
Equity-accounted joint venture included above
(64)
(61)
653
490
Total assets
As at
As at
June
December
2025
2024
US Dollar millions
Unaudited
Audited
AFRICA
9,197
9,081
Kibali - Attributable 45%
940
950
Iduapriem
609
579
Obuasi
1,523
1,481
Siguiri
576
591
Geita
1,402
1,231
Sukari
4,137
4,243
Administration and other
10
6
AUSTRALIA
933
845
AMERICAS
1,714
1,460
Cerro Vanguardia
642
626
AngloGold Ashanti Mineração
834
668
Serra Grande
220
148
Administration and other
18
18
PROJECTS
902
991
Colombian projects
219
207
North American projects
683
784
CORPORATE AND OTHER
1,383
780
14,129
13,157