Barrick’s Dushnisky quits, becomes AngloGold new CEO

By Cecilia Jamasmie

Barrick Gold’s (TSX, NYSE:ABX) chief executive officer, Kelvin Dushnisky, is leaving the world’s top miner of the precious metal to become South Africa’s AngloGold Ashanti (JSE:ANG) (NYSE:AU) new boss.

Dushnisky, who joined Barrick in 2002, will join AngloGold in September, ending the search to replace Srinivasan Venkatakrishnan, who left the world’s third-biggest gold miner in April to run India’s Vedanta, the company said Monday.

“AngloGold Ashanti has a strong portfolio of assets and an exciting pipeline of organic growth opportunities,” Dushnisky said the statement. “I’m honoured to be selected for this role, and look forward to working alongside a world-class team in building on the excellent work already done, as we unlock the enormous potential that exists in the Company.”

Barrick, which is due to report second quarter results on Wednesday, said in a separate statement it would to announce a successor to Dushnisky in due course.

More to come…

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From:: Mining.com