🟢 AngloGold Ashanti is trading 4.15% up today on $900 million mine expansion plan

AngloGold Ashanti is trading at $92.23, up 4.15%, with its expansion plan providing a company-specific growth catalyst.

• The roughly $900 million brownfield plan targets at least 400,000 ounces of additional annual production by decade’s end; it was reported November 6.
• Third-quarter earnings and revenue missed analyst forecasts; AngloGold Ashanti reaffirmed 2026 production guidance and reported EBITDA growth.
• Gold prices were lower in Friday morning trading and materials shares faced pressure, trends that do not explain the gain.