21:29:43 EDT Thu 25 Apr 2024
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Barrick Gold Corp
Symbol ABX
Shares Issued 1,751,981,799
Close 2019-04-05 C$ 18.04
Market Cap C$ 31,605,751,654
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Globe says Barrick ex Dushnisky takes helm at Anglo

2019-04-08 07:17 ET - In the News

The Globe and Mail reports in its Saturday edition that former Barrick president Kelvin Dushnisky is the new chief executive officer of AngloGold Ashanti, the world's third-biggest gold company. The Globe's Eric Reguly writes that mining bosses tend to be egocentric Type-A personalities who would happily dive into a tank of sharks if they thought the money was there. Mr. Dushnisky seems like the anti-mining boss. He is unfailingly courteous, answers e-mails almost immediately, does not swear and does not have a bad word to say about anyone; he will admit only that some personalities he has worked with were "challenging." If he has a ruthless side, it is hard to detect it. Mr. Dushnisky, a Manitoba boy who considers Oakville, Ont., his home, spent 16 years at Barrick, when the company, largely under the chairmanship of the late Peter Munk, emerged as Canada's sole world-scale mining company. After three years as president, he jumped ship last summer and headed to AngloGold's headquarters in Johannesburg. Mr. Dushnisky, at 55, is finally running his own show and it is a biggie. AngloGold is Africa's top gold miner. It has 14 operating mines and three projects in 10 countries, producing 3.4 million ounces in 2018.

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