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AngloGold Ashanti: Good Growth Prospect (NYSE:AU)

Part I: Introduction

Johannesburg-based AngloGold Ashanti Limited (NYSE:AU) released its H1 2023 results ending June 30, 2023, on August 4, 2023.

Note: This article updates my previous article on AngloGold Ashanti, published on October 17, 2022. I have been following AU’s regularly since

AU 6-month 6/2021 12/2021 6/2022 12/2022 6/2023
Total Revenues in Millions (6 months) 1,965 2,064 2,155 2,346 2,186
Net Income in $ million (6 months) 362 260 298 -1 40
EBITDA: $1 Million (6 months) 775 724 702 569 452
EPS diluted in $/share (6 months) 0.86 0.62 0.71 0.00 0.10
Cash from operating activities in $ million (6 months) 467 801 992 812 293
Capital Expenditure in Millions (6 months) 429 598 434 594 453
Free Cash Flow in $ million (6 months) 38 202 558 218 -160
Total Cash in Millions (6 months) 1,081 1,154 1,266 1,108 722
LT Debt (incl. current) in dollars (6 months) 1,929 1,909 2,005 1,985 1,918
Shares outstanding (diluted) in Million (6 months) 419.05 420.06 420.06 418.31 421.08
Dividend yearly 0.15 0.29 0.18
Gold Production 6/2021 12/2021 6/2022 12/2022 6/2023
Total Gold production in K Oz 1,200 1,272 1,233 1,509 1,236
Gold production sold in K Oz 1,214 1,269 1,233 1,484 1,246
Gold Price Realized: $/Oz 1,801 1,792 1,874 1,726 1,920
AISC in $/oz 1,333 1,376 1,418 1,54 1,587

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