AngloGold Ashanti is trading 4.58% up now at $119.67 after announcing a C$58.5 million strategic investment in Thesis Gold & Silver.
- The transaction raises its stake from approximately 5% to 9.7% and supports Thesisβs Lawyers-Ranch gold-silver project in British Columbia.
- Goldβs rally toward a three-month high and a weaker dollar are adding sector-wide support.
- Recent strong second-quarter cash flow and earnings are reinforcing investor sentiment.