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AngloGold falls as chief quits

Companies
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07/05/2010 Mark Cutifani CEO of AngloGold Ashanti presenting their first quarter results at their offices in JHB. (176) Photo: Leon N icholas

Shares of AngloGold fall 2.05 percent to 253 rand after the world's third-largest bullion producer said its Chief Executive Mark Cutifani would leave the company to head global mining giant Anglo American.

Johannesburg-listed shares of Anglo American rise more than 2 percent on the news and are trading up 2.29 percent at 283.10 rand. - Reuters

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