AngloGold Ashanti Announces $900 Million Investment in Mine Expansions
AngloGold Ashanti has committed to a $900 million investment program focused on expanding its mining operations.
Stocks · News reference
AngloGold Ashanti has exercised its option to purchase five tenements from Matsa Resources for $55 million, with the transaction finalized following a $10 million deposit.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
AngloGold Ashanti has committed to a $900 million investment program focused on expanding its mining operations.
AngloGold Ashanti announced its third-quarter 2026 financial results, reporting headline earnings per share of $1.55 and gold income of $2.56 billion.
AngloGold Ashanti is set to release its third-quarter 2026 financial results on November 5, 2026, before the market opens.
Analyst Steven Green of TD Cowen has issued a bullish rating on AngloGold Ashanti (AU) with a price target of $123.
Analyst Joseph Reagor of Roth MKM has maintained a 'Buy' rating on AngloGold Ashanti while adjusting the price target from $102 to $95.
FXZ is a smart beta ETF launched in 2007 that tracks the StrataQuant Materials Index with $371.33 million in assets. The fund has gained 20.02% year-to-date and 28.88% over the past year, with an expense ratio of 0.64% and a 1.34% dividend yield. It holds approximately 40 stocks with heavy exposure to the Materials sector (85.9%), with top holdings including Newmont Corporation, Anglogold Ashanti, and Coeur Mining. The fund carries medium risk with a beta of 1.07 and is presented as a reasonable option for investors seeking to outperform the Materials ETF segment.