Mining Veteran Marcus Randolph Joins AngloGold Ashanti Board

AngloGold Ashanti has announced the appointment of Marcus Randolph as an independent non-executive director, effective 27 October 2025, marking a significant addition to the company’s board at a time of ongoing transformation and strategic refocusing. Randolph’s extensive four-decade career in the global mining and processing sectors positions him as a valuable contributor to AngloGold Ashanti’s long-term goals of operational excellence, ethical governance, and sustainability-led growth. His appointment reflects the company’s commitment to strengthening board diversity and expertise as it advances its global portfolio of gold and copper assets.

Randolph will serve on both the Compensation and Human Resources Committee and the Social, Ethics, and Sustainability Committee, key governance bodies that shape the company’s corporate culture, people strategy, and environmental performance. His deep experience in strategic development, resource management, and corporate restructuring will be instrumental in guiding AngloGold Ashanti through the next phase of its growth and modernization.

A mining veteran, Randolph previously served as CEO and President of Ecobat, one of the world’s leading companies in battery recycling and circular resource management, where he championed environmental stewardship and industrial sustainability. Before that, he was Executive Chairman of Boart Longyear, the world’s largest provider of drilling services and mining equipment, and held several senior executive roles at BHP Billiton, including CEO of Ferrous & Coal and Chief Development Officer for Minerals. His leadership across multiple continents and commodities gives him a uniquely comprehensive understanding of both operational and governance challenges in the modern mining landscape.

AngloGold Ashanti’s decision to bring Randolph onto its board comes as the company continues to reinforce its ESG (Environmental, Social, and Governance) credentials and strengthen its strategic framework amid shifting global mining dynamics. With sustainability now a cornerstone of investor expectations, Randolph’s background in both traditional mining and emerging green technologies aligns closely with AngloGold’s efforts to enhance responsible production, workforce inclusion, and stakeholder engagement.

In the broader context, Randolph’s appointment underscores the increasing value placed on leadership that bridges industrial expertise and environmental responsibility in Africa’s and the world’s mining industries. His presence is expected to bring renewed strategic depth and governance strength to AngloGold Ashanti as it continues to expand its operations responsibly and maintain its reputation as one of the world’s most respected gold producers.

Mini-Glossary

• Independent Non-Executive Director: A board member who is not part of the company’s management team and provides independent oversight and advice.
• Compensation and Human Resources Committee: A board committee responsible for executive pay, performance evaluation, and workforce strategy.
• Social, Ethics, and Sustainability Committee: Oversees corporate responsibility, environmental performance, and stakeholder relations.
• Circular Resource Management: An approach that promotes recycling and reusing materials to reduce waste and environmental impact.
• ESG (Environmental, Social, and Governance): A framework used to evaluate a company’s ethical and sustainable practices beyond financial performance.