A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Bristow: gold is heading for a supply cliff
Gold production is heading for a 'supply cliff' because of a chronic lack of exploration, says Randgold CEO Mark Bristow. He said that the search for fresh deposits had fallen to almost nothing. There has been a complete lack of investment in exploration and they are headed for a supply cliff. If any new demand over what is currently experienced were to occur, it will drive the price, he said. Bristow is arguably one of the most successful gold bosses right now. He has turned London based but Africa-focused Randgold into a $7 billion company, and is the only gold producer in the Ftse 100 index.
Bristow: gold is heading for a supply cliff
Gold production is heading for a 'supply cliff' because of a chronic lack of exploration, says Randgold CEO Mark Bristow. He said that the search for fresh deposits had fallen to almost nothing. There has been a complete lack of investment in exploration and they are headed for a supply cliff. If any new demand over what is currently experienced were to occur, it will drive the price, he said. Bristow is arguably one of the most successful gold bosses right now. He has turned London based but Africa-focused Randgold into a $7 billion company, and is the only gold producer in the Ftse 100 index.
Bristow: gold is heading for a supply cliff
2017
Article (Journal)
English