AngloGold Ashanti announced a sharp rise in shareholder returns after quarterly earnings surged on the back of higher gold prices. The miner’s earnings before interest, taxes, depreciation and amortisation more than doubled year‑over‑year to $2.29 billion, driven by both stronger production volumes and premium spot prices.

Free cash flow hit a record, allowing the company to earmark up to $2 billion for a share‑buyback programme while also proposing a higher dividend. Investors welcomed the dual‑track approach, seeing it as a direct pass‑through of the price rally to shareholders and a signal of financial flexibility.

The payout lift comes as the gold sector enjoys a broader price upswing, reinforcing AngloGold’s position among the world’s largest producers. By converting cash flow strength into tangible returns, the firm aims to sustain investor confidence even if commodity cycles shift, leaving shareholders with an immediate, measurable benefit.