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Sat,18Nov2017

Mark Bristow

A mining code you can live by in DRC

Banro, owner of the Twangiza mine, is keen to retain the status quo. Photo©Philip MostertReforms of mining legislation have stalled once again after an angry reaction by companies who say taxes are still too high while commodity prices are low.

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Mining: Africa gold producers wary despite price rebound

Photo©ReutersA steep rise in gold prices may have given hope to a battered mining industry in 2016, but after four tough years producers in Africa are still too wary to call the bad times over.

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Mining: Randgold checks electric storm blackouts at DRC mine

Mark Bristow, Chief Executive - Randgold ResourcesMining in Democratic Republic of Congo has many challenges and as Randgold Resources developed its Kibali gold mine in the north-east of the central African nation, it came across an unexpected one: the weather.

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DRC: Mining code negotiations to resum

Photo©ReutersDemocratic Republic of Congo's government has told mining companies it intends to reopen negotiations with them over a revision of the mining code sent to parliament last month, Randgold Resources' CEO said on Monday.

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Mining: Even top gold miners need to tackle debt - Randgold CEO

Mark Bristow, CEO of RandgoldEven the largest gold mining companies may need to restructure their business and reduce their debt burden at a time of weaker gold prices, the chief executive of gold miner Randgold said.

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No measurable benefit in DRC tax hike in new mining code - Mark Bristow

Mark Bristow, the CEO of gold miner Randgold Resources Ltd says DRC can't afford to make itself even less competitive than it is today.The Democratic Republic of Congo's focus on maximising short-term tax revenues risks squandering long-term mining prospects, the chief executive of one of its largest mining investors warned on Wednesday.

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Mining: Our industry has to reinvent itself - Mark Bristow

Mark Bristow, Chief Executive, Randgold Resources. Photo©Simon Dawson/Bloomberg via Getty ImagesBristow says that the drop in gold prices will drive some companies to bankruptcy, while strengthening firms that are focused on cutting costs.

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