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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: Bill Murphy who wrote (27895)2/8/1999 8:38:00 PM
From: long-gone  Read Replies (1) of 116753
 
"for personal reasons":
Related QuotesABX.TO
30.10
-0.05
delayed 20 mins - disclaimerMonday February 8, 4:54 pm Eastern Time

FULL TEXT-Barrick Gold CEO resigns

(Full text of press release from Canada NewsWire)

Barrick Announces CEO Resignation - Special Board Committee Formed

TORONTO, Feb. 8 /CNW/ - Barrick Gold Corporation announced that its Board of Directors has accepted the resignation of Paul Melnuk as President and Chief Executive Officer, effective today.

Paul Melnuk has resigned for personal reasons. During his tenure, Paul has made a significant contribution to Barrick. I want to personally wish him well in his future business endeavors,'' said Peter Munk.

Peter Munk, Founder and Chairman, will continue to work with Barrick's management team on overall strategy and direction.

A Special Committee of the Board of Directors has been established to identify a successor.

/For further information: Investor Contacts: Belle Mulligan, Senior Vice President, Investor Relations, Tel (416) 307-7442, Fax (416) 861-0727; Richard Young, Director, Investor Relations, Tel (416) 307-7431, fax (416) 861-0727; Media Contact: Vincent Borg, Vice President, Corporate Communications, Tel (416) 307-7477, Fax (416) 861-1509; Internet: 1
biz.yahoo.com

A little heat? One must wonder
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