AU Stock Recent News

Does AngloGold Ashanti (AU) have what it takes to be a top stock pick for momentum investors? Let's find out.

May 22, 2025, SURREY, British Columbia – TheNewswire - Cameo Resources Inc. (CSE: MEO) (“ Cameo ” or the “ Company ”) is pleased to announce that further to its March 13, 2025 and April 30 th press releases, it has completed its arms-length acquisition of all of the issued and outstanding shares of 1154308 B.C. Ltd. (“ Privco ”) which holds the rights to acquire a 100% right, title, and interest in the Katoro Gold Properties (the “ Properties ”), located in the Geita region of Tanzania for option payments equaling US$ 500,000.   The first USD$250,000 payment will be due upon completion of due diligence by the Company The second USD$250,000 is to be paid within six months .   The Company issued 13 million common shares to Privco shareholders at a deemed price of $0.075 per share to acquire 100% of all outstanding shares of Privco.  These shares are subject to a hold period to the later of 4 months and a day and the date that the Company files a business acquisition

Invest in gold stocks like AU, NEM, GFI and BTG for solid returns, with the metal continuing its bullish run.

RITM, AU and B made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 20, 2025.

April 30, 2025, SURREY, British Columbia – Cameo Resources Inc. (CSE: MEO) (“ Cameo ” or the “ Company ”) is pleased to announce further to its March 13, 2025 press release that it has entered into an arms-length Securities Exchange Agreement dated April 29, 2025 with 1154308 B.C. Ltd. (“Privco”), a British Columbia Incorporated company to acquire a 100% right, title, and interest in the Katoro Gold Properties (the “ Properties ”), located in the Geita region of Tanzania (the “Acquisition”)'   The Securities Exchange Agreement provides for the purchase of all of the securities of PrivCo that are owned or held by the PrivCo shareholders at the time of closing.  At closing. Cameo will issue 13 million common shares to PrivCo shareholders at a deemed price of $0.075 per share to acquire 100% of all outstanding shares. Privco  and the Katoro Gold property rights contained within.

Amended Agreement: Kincora Copper and AngloGold Ashanti sign a major amendment to their Earn-in and Joint Venture Agreement ("Agreement") for a second joint venture in the Northern Junee-Narromine Belt of the Macquarie Arc supporting total expenditures of up to $100 million Key Highlights: Multiple-phase, multiple-year agreement covering the Nyngan South, Nevertire South and Mulla projects Stage 1: AngloGold Ashanti may earn a 70% interest by spending $25 million Stage 2: Option to increase to 80% with additional funding and/or studies The Agreement for two separate joint ventures cover a continuous strike greater than a 100km's and five projects Kincora remains the operator, receiving a 10% management fee Accelerated Drilling Plans: Expansion to ongoing drilling at the Nyngan project and a new drilling program to commence at the Nevertire and Nevertire South projects Strong Funding Model: Over $110 million of potential asset level funding has been secured; further large-scale partners

With soaring gold prices and investor interest surging in the gold mining space, let us analyze which is the better pick now - AngloGold Ashanti or Newmont.

Recent gold price rally seems far from over, giving the actual macroeconomic context. The gold's upward trend highly benefited gold mining companies in 2024, getting them on track to keep crushing it this year. The acquisition of the Sukari gold mine through the Centamin deal gives Anglo a new growth catalyst for this year after achieving a record free cash flow in 2024.

Vancouver, British Columbia - TheNewswire - April 1, 2025 :   Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is pleased to announce it has issued 11,133,399 common shares in the capital of the Company to AngloGold Ashanti Holdings plc, (“AngloGold Ashanti”) (NYSE: AU / JSE: ANG) as consideration for the completion of AUD10,000,000 in Phase I Expenditures on the Company's New South Wales properties in Australia, pursuant to the Exploration Earn-in Agreement with an affiliate of AngloGold Ashanti announced on June 14, 2023 .

Gold prices have surged 38% YoY, boosting AngloGold Ashanti shares; I initiate a buy rating due to its modest valuation and strong fundamentals. Despite a soft earnings report, AU's stock hit multi-year highs, supported by a bullish reversal in profit and robust free cash flow. AU's FY 2025 outlook is positive with expected production of 2.9-3.2 million ounces and aggressive capex plans, particularly in Nevada.