AngloGold Ashanti is trading 4.22% up at $113.12 after its C$58.5 million strategic investment in Thesis Gold & Silver lifted its stake from approximately 5% to 9.7%.
- The investment supports Thesis’s Lawyers-Ranch gold-silver project in British Columbia and was identified as the catalyst behind the prior session’s rally.
- Strength across precious metals and the broader Materials sector is also supporting today’s advance, while major U.S. indexes are lower.