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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.
Vancouver, British Columbia, March 25, 2025 – TheNewswire - Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is pleased to announce that AngloGold Ashanti Australia Limited (“AngloGold Ashanti”) (NYSE: AU / JSE: ANG) has completed Phase I of the Exploration Earn-in Agreement (the “Earn-In Agreement”) announced on June 14, 2023 by investing AUD$10,000,000 in the Company's portfolio of copper-gold projects in New South Wales, Australia. AngloGold Ashanti has designated a total of four copper-gold projects to proceed to Phase II of the Earn-In Agreement. Summary Highlights:
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March 13, 2025 – TheNewswire - SURREY, British Columbia – Cameo Resources Inc. (CSE: MEO) (“ Cameo ” or the “ Company ”) is pleased to announce that it has entered into an arms-length binding letter of intent (the “LOI”) with 1154308 B.C. Ltd., pursuant to which, and subject to the terms and conditions contained therein, it would enter into an Option Agreement (the “ Agreement ”) to acquire a 51 % right, title, and interest in the Katoro Gold Properties (the “ Properties ”), located in the Geita region of Tanzania (the “ Acquisition ”). Highlights of the Katoro Property:
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G2 Goldfields Expands Team and Appoints VP, Investor Relations and VP, Business Development - Guyana
TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to announce the appointment of Ms. Jacqueline Wagenaar as VP, Investor Relations and the promotion of Mr.
In the most recent trading session, AngloGold Ashanti (AU) closed at $33.24, indicating a +0.24% shift from the previous trading day.
Does AngloGold Ashanti (AU) have what it takes to be a top stock pick for momentum investors? Let's find out.