Mark Bristow News
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The 10 biggest gold companies led by Barrick Gold Corp. spent more than $100 billion in the past 20 years buying new mines and projects around the globe. Now they’re feeling pressure to throw the strategy into reverse.
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Randgold Resources Ltd., which operates mines in Africa, sees more upside than downside for gold prices as central banks in emerging markets buy the precious metal and producers limit new output.
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Randgold Resources Ltd. , a producer of the metal in West Africa, plans to boost gold output as much as 54 percent next year as it expands in Mali and Ivory Coast.
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Randgold Resources Ltd. Chief Executive Officer Mark Bristow is in hospital in South Africa after fracturing two vertebrae in a motorbike crash in Senegal.
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Randgold Resources Ltd., a producer of the precious metal in West Africa, dropped to the lowest level in two months in London trading after the president of Ivory Coast dissolved the country’s government.
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Randgold Resources Ltd., a miner of the precious metal in Africa, said it sees possible acquisitions as the value of gold explorers on the continent tumbles.
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Democratic Republic of Congo’s decision to increase taxes under its mining code will harm investment, Mark Bristow, chief executive of Randgold Resources Ltd. said today in Kinshasa, the capital.
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Randgold Resources Ltd. , a producer of the metal in West Africa, fell the most in six months in London trading as costs surged after power cuts curbed output.
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French and West African military intervention in Mali runs the risk of provoking revenge attacks by Islamic militants, spreading instability in a region rich in gold, uranium and cocoa, said analysts from Dakar to London.
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Randgold Resources Ltd., the best- performing London-traded gold producer this year, said West African gold developers’ discoveries are too small to make them attractive takeover targets for major producers.
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