Randgold Sees Mali Instability Persisting, Says Output Unharmed
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Randgold Resources Ltd., the gold producer that mines two-thirds of its output in Mali, expects instability to persist in the West African country until elections in a year’s time.
“Elections can’t happen until there is some stability,” Chief Executive Officer Mark Bristow said today in an interview in London. “That’s probably a year out if not a little longer. Right now we’ve had no impact on our gold shipments or any key supplies.”