Barrick Announces Departure of Kelvin Dushnisky
July 23 2018 - 7:06AM
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick” or the
“Company”) today announced that Kelvin Dushnisky has accepted the
position of Chief Executive Officer of AngloGold Ashanti Ltd., and
will be leaving the Company at the end of August.
Mr. Dushnisky joined Barrick in 2002, and
advanced through a series of progressively senior positions, before
being appointed President in 2015.
“On behalf of the entire team, we would like to
extend our gratitude to Kelvin for his commitment to Barrick over
many years. His passion for building enduring, trust-based
relationships with host governments, communities, shareholders, and
other partners has made an important contribution to Barrick’s
growth and development. We wish Kelvin great success as he takes on
this new opportunity with AngloGold Ashanti,” said Barrick
Executive Chairman John L. Thornton.
“It has been a privilege to spend the past 16
years at Barrick, where I have had the unique opportunity to work
alongside some of the most talented and dedicated people in the
industry,” said Mr. Dushnisky. “I am grateful to our Executive
Chairman and our Board of Directors for their confidence in me, and
I would like to thank them and my Barrick colleagues around the
world for their support and friendship.”
The Company intends to announce a successor to
Mr. Dushnisky in due course.
INVESTOR CONTACTDeni
NicoskiSenior Vice PresidentInvestor RelationsTelephone:
+1 416 307-7474Email: dnicoski@barrick.com
MEDIA CONTACTAndy
Lloyd Senior Vice PresidentCommunicationsTelephone: +1 416
307-7414Email: alloyd@barrick.com
CAUTIONARY STATEMENT ON FORWARD-LOOKING
INFORMATION
Certain information contained in this press
release, including any information as to Barrick’s strategy, plans
or future performance, constitutes “forward-looking statements”.
All statements, other than statements of historical fact, are
forward-looking statements. The word “intend” and similar
expressions identify forward-looking statements. In particular,
this press release contains forward-looking statements including,
without limitation, with respect to Barrick’s management structure
and intention to appoint a successor to Mr. Dushnisky in due
course. Forward-looking statements are necessarily based upon
a number of estimates and assumptions including material estimates
and assumptions related to the factors set forth below that, while
considered reasonable by the Company as at the date of this press
release in light of management’s experience and perception of
current conditions and expected developments, are inherently
subject to significant business, economic and competitive
uncertainties and contingencies. Known and unknown factors could
cause actual results to differ materially from those projected in
the forward-looking statements, and undue reliance should not be
placed on such statements and information. Such factors include,
but are not limited to: fluctuations in the spot and forward price
of gold, copper, or certain other commodities; changes in national
and local government legislation, taxation, controls or regulations
and/ or changes in the administration of laws, policies and
practices, expropriation or nationalization of property and
political or economic developments in Canada, the United States,
and other jurisdictions in which the Company or its affiliates do
or may carry on business in the future; and our ability to
successfully complete transactions.
Many of these uncertainties and contingencies
can affect our actual results and could cause actual results to
differ materially from those expressed or implied in any
forward-looking statements made by, or on behalf of, us. Readers
are cautioned that forward-looking statements are not guarantees of
future performance. All of the forward-looking statements made in
this press release are qualified by these cautionary statements.
Specific reference is made to the most recent Form 40-F/Annual
Information Form on file with the SEC and Canadian provincial
securities regulatory authorities for a more detailed discussion of
some of the factors underlying forward-looking statements and the
risks that may affect Barrick’s ability to achieve the expectations
set forth in the forward-looking statements contained in this press
release.
Barrick disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
by applicable law.
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