Fresh from taking up the top job at AngloGold Ashanti last week, former Barrick Gold president Kelvin Dushnisky has wasted no time in buying up shares in the South Africa-based miner.
In his first week in the job, Dushnisky spent US$390,584 buying shares on-market on the New York Stock Exchange.
Canadian-born Dushnisky took over the top job on September 1 from Srinivasan Venkatakrishnan, who left to run Vedanta Resources.
Newmont Mining has acquired 19.9% of Orosur Mining after the two parties completed a US$2 million non-brokered private placement.
Newmont acquired 29.2 million Orosur shares at a price of C9.1c each, with the total US$2 million including an initial advance of $250,000 made in June but...