Consolidation on the minds of three top gold mining CEOs

摘要

With The Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., in May, attendees were treated to contrasting visions for the gold mining industry put forward by three gold mining leaders. Mark Bristow, president and CEO of Barrick Gold, said his company focuses on the quality of its orebodies, stating: "The principle of any mining is: your revenue is in your orebody. If you start with a high-quality orebody, it doesn't have to be high grade. It can be lower grade in a pit with no strip ratio. But if it's a high-quality orebody, you'll always end up with a better return."