Randgold Resources Ltd., the gold producer that has used the London fixing for 18 years, is open to consider an alternative to the benchmark used to set prices.
Mark Bristow, chief executive officer of Randgold Resources Ltd., received a 36 percent increase in total pay to $7.4 million in 2013 after a jump in long-term share payments.
Anglo American Plc Chief Executive Officer Mark Cutifani will need to splash out on fine wine in October when he loses a bet that the Kibali mine won’t produce gold this year, Randgold Resources Ltd. CEO Mark Bristow said.
"The downside is driven by the industry continuing to supply gold at a loss."
- Mark Bristow on Aug 18, 2014