Randgold to step up exploration as gold price slides
ABIDJAN – Africa-focused miner Randgold Resources sees any further fall in the price of gold as an opportunity to expand its exploration activities cheaply, the company’s chief executive said.
The miner is looking to buy stakes in exploration projects run by smaller firms likely to be hit hard if the precious metal enters a downtrend after 12 years of gains, Mark Bristow told Reuters in an interview.
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