Randgold's Bristow defies Kibali 'skeptics'

摘要

Those who questioned the wisdom of building the Kibali gold mine in the Democratic Republic of theCongo (DRC) were mistaken, Randgold Resources' (LSE: RRS; US-OTC: GOLD) CEO Mark Bristow declared at a media briefing in Kinshasa in October. According to Bristow, the open-pit mine was not only built ahead of time and within budget, but is already producing 1 million tonnes of ore per month. The plant is at 80% of its design capacity and gold sales are set to start. Randgold owns 45% of Kibali and is the project operator, while AngloGold Ashanti (NYSE: AU) owns another 45% and Congolese parastatal Sokimo owns the rest.