So we’re all clear then on the proposed merger between Barrick Gold and Randgold Resources. Randgold CEO Mark Bristow has been credited as a financially prudent straight talker, critical of other mining companies in the sector. Given Bristow’s CV, it’s perhaps not surprising that he could imagine not just winning where so many other mining companies had failed, but in doing right by Africa. Adjacent to the Kibali mine lies the Moku-Beverendi property, controlled by the Fleurette Group. Now Bristow has to convince shareholders that he’s the right executive to help secure Barrick’s place in the top tier, not just of miners, but the people of Africa.
Source: thestar September 28, 2018 15:33 UTC