Deals
Top Performing Gold Miner Readies War Chest in Bust Industry
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The gold industry is a “busted flush,” said Mark Bristow, surveying the ruin wrought by a 38 percent slump in the bullion price from a 2011 peak. For the Randgold Resources Ltd. chief executive officer, that’s an opportunity.
“This is an exciting time,” Bristow said in an interview at his London office near the Savoy Hotel. “The industry blows it’s brains out every time. The reason we’re still in the industry is because the competition isn’t that sharp.”