AngloGold’s head hunt ends as Colombian CEO appointed
AngloGold appointed former BHP Group Alberto Calderon to its top job, ending a nearly year-long head hunt that’s weighed on its shares.
AngloGold appointed former BHP Group Alberto Calderon to its top job, ending a nearly year-long head hunt that’s weighed on its shares.
“AngloGold shares have dropped 30% in the past year, making it the worst-performing stock in the 113-company Bloomberg World Mining Index.”
The AngloGold Ashanti Ltd chief executive officer Kelvin Dushnisky says he is leaving the company for personal reasons, but reports say otherwise.
AngloGold Ashanti has sealed its South African exit by selling the last of its remaining assets to Harmony Gold Mining for R4.4bn.
AngloGold Ashanti moved closer to exiting South Africa mining by announcing plans to sell its remaining assets in the country.
AngloGold is considering selling its Sadiola mine in Mali as the company kicks off a process to streamline its assets to focus on high-quality, core mines.
Amid a struggling SA mining sector, the new CEO of AngloGold, Kelvin Dushnisky, says his company plans to streamline its global operations.
AngloGold Ashanti swung to a profit and is in “good shape” before its incoming chief takes the helm, according to outgoing Chief Executive Officer Srinivasan Venkatakrishnan.
AngloGold hired Barrick Gold President Kelvin Dushnisky as chief executive officer as the world’s No. 3 gold producer grapples with regulatory challenges from South Africa to Tanzania.