AFRICAN BARRICK GOLD PLC: Resignation of COO
11 September 2013
African Barrick Gold plc (the "Company" or "ABG")
Resignation of Chief Operating Officer
ABG today announces that Marco Zolezzi, who has been ABG's Chief Operating Officer since September 2010, has resigned with immediate effect to pursue other interests. A search is underway for his replacement and in the interim, Brad Gordon, CEO, will take direct responsibility for the operations.
Brad Gordon, ABG's Chief Executive Officer, said, "I would like to express my thanks to Marco for his significant contribution to ABG over the past 3 years. In that time Marco has overcome a range of challenges at the mines and leaves the business on a solid operational footing. We wish him well for his future endeavours."
For further information contact:
African Barrick Gold plc +44 (0)20 7129 7150 Andrew Wray, Head of Corporate Development and IR Giles Blackham, Investor Relations Manager
Bell Pottinger +44 (0)20 7861 3800 Charles Vivian Daniel Thole
ABG is Tanzania's largest gold producer and one of the five largest gold producers in Africa. We have three producing mines, all located in Northwest Tanzania, and several exploration projects at various stages of development in Tanzania and Kenya. We have a high-quality asset base, solid growth opportunities and a clear strategy of optimising, expanding and growing our business.
Maintaining our licence to operate through acting responsibly in relation to our people, the environment and the communities in which we operate is central to achieving our objectives.
ABG is a UK public company with its headquarters in London. We are listed on the Main Market of the London Stock Exchange under the symbol ABG and have a secondary listing on the Dar es Salaam Stock Exchange.
Historically and prior to our initial public offering (IPO), our operations comprised the Tanzanian gold mining business of Barrick Gold Corporation, our majority shareholder. ABG reports in US dollars in accordance with IFRS as adopted by the European Union, unless otherwise stated in this announcement.
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