Anglogold Ashanti has said “it is with deep sadness” that its board of directors “informs shareholders of the passing of non-executive director, Ms Nelisiwe (Neli) Magubane, on 30 October 2022”.

Ms Magubane was appointed to the Board of Directors on 1 January 2020 and was a member of the Audit and Risk and Social, Ethics and Sustainability Committees.

She served AngloGold Ashanti and its shareholders with “diligence and integrity” and was an “energetic participant in debates that helped shape the Company’s strategy”, the miner said in a statement.

“Neli brought to us a wealth of experience and unique perspective given her rich background as an engineer in the energy sector, a regulator and businesswoman,” said AngloGold Ashanti Chair, Maria Ramos.

“She was a valued member of the Board and will be missed by me, her fellow directors and the Company at large. On behalf of the Board, I offer my deepest and heartfelt condolences to Neli’s daughter and loved ones at this difficult time.”

The statement said shareholders will be advised of any consequential changes to the Board and its Committees in due course.