Report
Kristoffer Inton
EUR 100.00 For Business Accounts Only

Barrick Gold President Dushnisky Leaving to Become AngloGold Ashanti CEO; No Change to FVEs

On July 23, Barrick Gold and AngloGold Ashanti announced that Kelvin Dushnisky would leave his current role as president and board member at Barrick on Aug. 31 to assume the role as CEO and board member at AngloGold Ashanti. Dushnisky replaces current AngloGold CEO Srinivasan Venkatakrishnan, whose departure was announced in April and is set to leave the company at the end of August. Barrick will now begin a search for Dushnisky’s replacement. The changes in leadership do not impact our forecast...
Underlying
AngloGold Ashanti Limited

Anglogold Ashanti Limited. AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company's business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products. The Company operates through four segments: South Africa, Continental Africa, Australasia and Americas. Its South African operations comprise of the West Wits operations, including Mponeng and TauTona, and surface operations. It has operations in Continental Africa in locations, including Democratic Republic of the Congo, Ghana, Guinea, Mali and Tanzania. The Australasia segment includes the operations in Australia. It consists of Sunrise Dam and Tropicana. The Americas segment includes the operations in Argentina, Brazil and the United States.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

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