logo
AngloGold Ashanti to Join Russell 3000 and Other Russell Equity Indexes on 27 June 2025

AngloGold Ashanti to Join Russell 3000 and Other Russell Equity Indexes on 27 June 2025

National Post11-06-2025

Article content
LONDON & DENVER & JOHANNESBURG — AngloGold Ashanti plc ('AngloGold Ashanti' or the 'Company') has been named for the first time as a preliminary addition to the Russell 1000® or Russell 2000®, the Russell 3000®, and the Russell Midcap ® Indexes, as part of the latest FTSE Russell 2025 U.S. Indexes reconstitution.
Article content
Final index membership will become effective after the U.S. market closes on Friday, 27 June 2025, with rebalanced index constituents reflected in trading beginning Monday, 30 June 2025.
Article content
'This is an important milestone for AngloGold Ashanti,'
Article content
said Alberto Calderon, Chief Executive Officer of AngloGold Ashanti. '
Article content
Our inclusion in this important family of US equity market indexes will help further increase liquidity and unlock long-term value for our shareholders.'
Article content
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell U.S. Indexes, which belong to FTSE Russell, the global index provider. The reconstitution of the Russell U.S. Indexes ranks the 4,000 largest U.S. stocks by market capitalisation to reflect changes in the investable equity market. This year's rebalance is expected to drive more than $53 billion in passive flows, and marks one of the highest-volume trading days of the year.
Article content
AngloGold Ashanti's anticipated inclusion in these benchmark equity indexes on 27 June 2025 follows the move of the Company's primary listing to the NYSE in September 2023.
Article content
About AngloGold Ashanti
Article content
AngloGold Ashanti plc is an independent, global gold mining company with a diversified portfolio of operations, projects, and exploration activities across ten countries. Headquartered in Denver, Colorado, the Company is committed to operational excellence, disciplined capital allocation, and sustainable value creation. AngloGold Ashanti has its primary listing on the NYSE and secondary listings on the Johannesburg Stock Exchange (A2X and JSE) and the Ghana Stock Exchange (GSE).
Article content
For more information, visit: www.anglogoldashanti.com About FTSE Russell FTSE Russell is a leading global index provider, benchmarking approximately $18.1 trillion in assets. The Russell U.S. Indexes are designed to represent the U.S. equity market with transparent, rules-based methodologies. Beginning in 2026, FTSE Russell will transition to semi-annual reconstitutions to reflect evolving market conditions.
Article content
For more information on the 2025 reconstitution, visit: https://www.lseg.com/en/ftse-russell/russell-reconstitution#overview JSE Sponsor: The Standard Bank of South Africa
Article content
Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, return on equity, productivity improvements, growth prospects and outlook of AngloGold Ashanti's operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of AngloGold Ashanti's exploration and production projects and the completion of acquisitions, dispositions or joint venture transactions, AngloGold Ashanti's liquidity and capital resources and capital expenditures, the consequences of the COVID-19 pandemic and the outcome and consequences of any potential or pending litigation or regulatory proceedings or environmental, health and safety issues, are forward-looking statements regarding AngloGold Ashanti's financial reports, operations, economic performance and financial condition. These forward-looking statements or forecasts are not based on historical facts, but rather reflect our current beliefs and expectations concerning future events and generally may be identified by the use of forward-looking words, phrases and expressions such as 'believe', 'expect', 'aim', 'anticipate', 'intend', 'foresee', 'forecast', 'predict', 'project', 'estimate', 'likely', 'may', 'might', 'could', 'should', 'would', 'seek', 'plan', 'scheduled', 'possible', 'continue', 'potential', 'outlook', 'target' or other similar words, phrases, and expressions; provided that the absence thereof does not mean that a statement is not forward-looking. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statements or forecasts involve known and unknown risks, uncertainties and other factors that may cause AngloGold Ashanti's actual results, performance, actions or achievements to differ materially from the anticipated results, performance, actions or achievements expressed or implied in these forward-looking statements. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements and forecasts are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results, performance, actions or achievements could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic, social, political and market conditions, including related to inflation or international conflicts, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental approvals, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, any supply chain disruptions, any public health crises, pandemics or epidemics (including the COVID-19 pandemic), the failure to maintain effective internal control over financial reporting or effective disclosure controls and procedures, the inability to remediate one or more material weaknesses, or the discovery of additional material weaknesses, in the Company's internal control over financial reporting, and other business and operational risks and challenges and other factors, including mining accidents. For a discussion of such risk factors, refer to AngloGold Ashanti's annual report on Form 20-F for the financial year ended 31 December 2024 filed with the United States Securities and Exchange Commission (SEC). These factors are not necessarily all of the important factors that could cause AngloGold Ashanti's actual results, performance, actions or achievements to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on AngloGold Ashanti's future results, performance, actions or achievements. Consequently, readers are cautioned not to place undue reliance on forward-looking statements. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein.
Article content
Article content
Article content
Article content
Article content
Contacts
Article content
Media
Article content
Article content
Andrea Maxey
Article content
Article content
+61 08 9425 4603 / +61 400 072 199
Article content
Article content
amaxey@aga.gold

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

enCore Energy Announces Filing of Early Warning Report
enCore Energy Announces Filing of Early Warning Report

Globe and Mail

time4 hours ago

  • Globe and Mail

enCore Energy Announces Filing of Early Warning Report

DALLAS , June 20, 2025 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company ™, announces that it has disposed of 170,000,000 common shares in the capital of Anfield Energy Inc. (" Anfield") (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT : 0AD) in a private agreement at a price of $0.115 per share for aggregate proceeds of $19,550 ,000 (Canadian dollars). Immediately following the disposition, enCore holds or controls no common shares of Anfield. The disposition represents a 14.73% decrease in enCore's ownership or control over the outstanding common shares of Anfield on an undiluted basis. enCore does not currently hold or control any securities of Anfield . Since enCore's last early warning report dated January 15, 2024 , enCore's holdings have decreased by an approximate 16.02% of the outstanding common shares of Anfield on an undiluted basis. enCore disposed of the shares of Anfield in a private transaction. enCore may, depending on market and other conditions, increase beneficial ownership of the Company's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities. The disclosure respecting enCore's shareholdings contained in this news release is made pursuant to National Instrument 62-103 and a report respecting the above disposition will be filed with the applicable securities commissions and will be available for viewing at A copy of the report may also be obtained by contacting Robert Willette , Acting Chief Executive Officer, or at info@ About enCore Energy Corp. enCore Energy Corp., America's Clean Energy Company ™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple central processing plants in operation. enCore operates the 100% owned and operated Rosita CPP in South Texas and the 70/30 joint venture Alta Mesa CPP with Boss Energy Ltd., with enCore operating as the project manager. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy. Following upon enCore's demonstrated success in South Texas , future projects in enCore's planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming . The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Tenant support fair addresses renovictions
Tenant support fair addresses renovictions

CTV News

time5 hours ago

  • CTV News

Tenant support fair addresses renovictions

The second annual tenant support fair was held today at city hall. The second annual tenant support fair was held today at city hall. The fair, launched by Life Spin last year, was fully sponsored by the City of London this year. Last year's biggest concern remains prevalent this year: renovictions. Landlords use renovations to force tenants out. A new city bylaw is addressing these concerns, said organizers. 'It's a very complex system. So, if we can help people navigate it, that's our main objective today,' said Meagan Ciufo, Life Spin co-executive director.

The Smartest Growth Stock to Buy With $5,000 Right Now
The Smartest Growth Stock to Buy With $5,000 Right Now

Globe and Mail

time8 hours ago

  • Globe and Mail

The Smartest Growth Stock to Buy With $5,000 Right Now

It's been quite the week for Roku (NASDAQ: ROKU) and its shareholders. The country's leader in getting folks streaming from their TVs kicked off the fireworks by announcing a transformative deal with Amazon (NASDAQ: AMZN) on Monday. An analyst upgrade and a pair of other firms jacking up their price targets followed. The stock is up nearly 10% heading into the final trading day of the week. Roku is a name that has fallen off of many growth investing radars, but the shares are now up 55% over the past year. With its solid growth, continuing niche dominance, and projected return to profitability for the second half of this year, it's a name you should probably start paying attention to again. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » At its frenzied peak in 2021, a $5,000 investment could barely be exchanged for 10 shares. That same $5,000 today could have you walking away with 60 shares. This is the kind of math that can burn investors if they're buying a falling stock with dim prospects, but today's Roku is in much better shape than it was four years ago. Betting on the stream weaver Roku's revenue and time spent on its platform have both nearly doubled since the shares peaked six times higher four summers ago. However, just saying that Roku is a larger company than it was back in 2021 isn't enough to convince you that this is the smartest growth stock for your next investment. Roku's success in continuing to gain market share as North America's leading streaming operating system for TVs will continue to open doors; doors like the one that was slammed off its hinges on Monday with its new partnership with Amazon. The leading online retailer runs a popular programmatic demand-side ad buying platform, and this week it turned heads by striking an integration deal with Roku. The two companies are typically competitors in the streaming space; Roku's platform competes with Amazon's Fire TV. But despite the wide gap in market cap -- Roku at $12 million and Amazon at $2.3 billion -- the online retailer doesn't attract the same captive U.S. audience as the pioneer. In the spirit of the "if you can't beat 'em, join 'em" adage, Amazon advertisers will now have access to Roku's massive reach of roughly 80 million U.S. households spending an average of more than four hours a day cradling the Roku remote. The early tests were fruitful. Amazon found that teaming up with Roku would deliver its connected TV clients 40% more unique viewers with the same budget. With better ad targeting and the ability to lower the instances of viewers seeing the same ads repeatedly, Amazon points out that its advertisers can generate a lot more value on Roku through this partnership. Investors got excited about Roku's prospects following the news ahead of Monday's market open. A few analysts took the baton and ran with it later in the week. Spreading the news Analyst Alan Gould at Loop Capital upgraded his opinion on Roku from hold to buy, boosting his price target from $80 to $100 in the process. He feels that the partnership will have a positive impact on Roku's results starting next year, making this now a good time to hop off the fence. The combination of Amazon's shopping feedback loop for advertisers and Roku's market leadership as a streaming hub make this a bar-raising collaboration. A couple of other firms juiced up their price targets without changing their opinions. BofA was already bullish, but it bumped its price goal from $85 to match Loop Capital at $100. Citigroup remains neutral, but it still revised its target on the stock from $68 to $84. Roku was already on the way to tear down bearish knocks on the stock. Its lack of profitability has been a popular pressure point, but its guidance in May called for a net loss of $30 million for all of 2025. Why is this important? Well, Roku clocked in with a bottom-line deficit of $27 million for the first quarter, targeting a loss of $25 million for the current one. A $30 million loss projection for the year after a $52 million hole through the first six months translates into a profit of $22 million over the course of the next six months. Roku was already generating positive free cash flow and adjusted earnings before interest, taxes, depreciations, and amortization (EBITDA). Now it's about to scratch a reversal in net income from its bucket list. All roads lead to Roku these days. More households are turning to Roku to fuel their smart TV streaming needs, and advertisers are doing the same. Roku shares are already bouncing back, but the best is yet to come. Should you invest $1,000 in Roku right now? Before you buy stock in Roku, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Roku wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor 's total average return is995% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Citigroup is an advertising partner of Motley Fool Money. Rick Munarriz has positions in Roku. The Motley Fool has positions in and recommends Amazon and Roku. The Motley Fool has a disclosure policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store