ABG rockets after Barrick ousts CEO

Shares in FTSE 250 gold miner African Barrick Gold (ABG) surged in afternoon trading on Wednesday after its US parent company announced that it has replaced its President and Chief Executive Officer Aaron Regent.

Shares in FTSE 250 gold miner African Barrick Gold (ABG) surged in afternoon trading on Wednesday after its US parent company announced that it has replaced its President and Chief Executive Officer Aaron Regent.

Regent, who has been serving in his position at Barrick Gold since the start of 2009, will be succeeded by Executive Vice President and Chief Financial Officer Jamie Sokalsky.

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