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Dushnisky sells 20 000 AngloGold shares

AngloGold Ashanti outgoing CEO Kelvin Dushnisky

AngloGold Ashanti outgoing CEO Kelvin Dushnisky

17th August 2020

By: Donna Slater

Features Managing Editor and Chief Photographer

     

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JSE- and NYSE-listed gold mining company AngloGold Ashanti’s outgoing CEO Kelvin Dushnisky has sold 20 000 shares, worth $572 116, in a transaction dated August 13.

The transaction took place on the New York Stock Exchange, at a share price of $28.60 apiece.

AngloGold Ashanti reported on July 31 that Dushnisky would step down for personal reasons after only two years.

Earlier this month, AngloGold Ashanti posted a colossal surge in half-year free cash flow generation, most of it coming in the three months to June 30.

Free cash flow before growth capital, the metric on which dividends are calculated, rose 376% to $324-million in the first half of 2020, compared with $68-million for the same period last year.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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