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 after only two years, following a demand from a major shareholder, South Africa’s Public Investment Corporation, for an independent probe into a payment of $926 000 from Barrick Gold, according to the people, who asked not to be identified as the details are not public.

Mining Weekly reported on July 31 that the world’s third-largest gold miner hired Dushnisky from Barrick to steer a new growth path, and under his management he started to sell mines in South Africa and Mali.