July 23, 2018 / 4:54 PM / 5 months ago

BUZZ-Barrick Gold: Slips as number two executive steps down

** U.S.-listed shares of Canadian gold miner down 2.9 pct at $12.01, set for worst day in >4 months

** Kelvin Dushnisky will step down as president at end-Aug and move to South African gold producer AngloGold Ashanti Ltd as CEO

** Dushnisky joined ABX in 2002, became president in 2015

** “I think (the stock move) is related to the president stepping down, Kelvin had been there for 16 years” - Kerry Smith of Haywood Securities

** So far this year, ABX has fallen ~17 pct this year

** Canadian-listed Barrick shares down 2.5 pct at C$15.82, stock the top decliner on the S&P/TSX global gold index (Reporting by Anirban Paul)

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