Word: anglogold
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Dates: during 2004-2004
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...Goldfields, the gregarious Jonah helped steer Ghana's biggest company through the rocky waters of international expansion, spreading Ashanti's businesses across Africa. In 1996 Ashanti became the first African operating company listed on the New York Stock Exchange. This year, it finalized its sale to South African behemoth AngloGold to create the world's second biggest gold miner, AngloGold Ashanti. There have been setbacks: in 1999 Ashanti almost went under after a disastrous hedging decision made on Jonah's watch. As president and possibly the next CEO of AngloGold Ashanti, Jonah, Africa's most influential black miner, believes that...