AngloGold retains annual guidance as quarterly gold production falls 9%

Published: Nov 05, 2026 23:53 (GMT+8)

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[SMM Gold Flash] AngloGold Ashanti's gold production declined 9% year on year to 696,000 ounces in the quarter ended 30 September, compared with 768,000 ounces a year earlier. All-in sustaining costs increased 26% to US$2,170/oz. African operations faced flooding at Iduapriem in Ghana, infrastructure and safety-related constraints at Obuasi, and lower grades alongside a temporary underground shutdown at Sukari in Egypt.

The company retained its 2026 production guidance of 2.80–3.17 million ounces. Dewatering has restored access to higher-grade mining areas at Iduapriem, while waste stripping at Sukari and the underground ramp-up at Obuasi are expected to support a stronger fourth quarter. Delivery of the unchanged forecast depends on these improvements translating into higher output during the final quarter.

Source: [AngloGold Ashanti — third-quarter earnings release, 5 November 2026, reproduced by AFP](https://www.afp.com/en/agency/inside-afp/external-press-releases/anglogold-ashanti-q3-30-september-2026-earnings-release).

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