Company Overview
One of the world's largest gold mining companies with operations across Africa, the Americas, and Australia, producing approximately 2.7 million ounces annually.
Commodity Exposures
Price Sensitivity
AngloGold Ashanti's earnings are directly leveraged to gold prices, with approximately 0.85 correlation to spot gold on a rolling 12-month basis. A $100/oz move in gold translates to roughly $500-700 million in annual revenue impact. The company's all-in sustaining costs of approximately $1,200-1,400/oz determine the operating leverage -- every dollar above AISC flows nearly directly to cash flow.
Related ETFs
GDX
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