Randgold's CEO on Earnings, Organic Growth, Gold Supply

The video discusses Randgold's production success, future projects, and strategic focus on organic growth in the gold industry. It highlights the company's cost management, financial health, and shareholder returns. The video also covers gold price assumptions, market positioning, and regulatory challenges, emphasizing the importance of maintaining a strong cash position and efficient operations.

What is the company's strategy for growth over the next five years?

• Mergers and Acquisitions

• Organic growth through new projects

• Reducing workforce

• Increasing gold prices

What is the company's long-term gold price assumption?

• $1500 per ounce

• $1200 per ounce

• $1000 per ounce

• $800 per ounce

How does the company plan to manage business cycles?

• By selling assets

• By increasing debt

• By using a conservative gold price assumption

• By reducing production

What has been a significant factor in the company's cost reduction?

• Reducing workforce

• Decreasing gold prices

• Efficiency improvements

• Increasing fuel costs

What is the company's stance on carrying debt?

• They prefer to have high debt

• They avoid debt to expose shareholders to gold price

• They have no specific stance on debt

• They use debt to finance new projects

How much cash does the company aim to maintain for growth programs?

• $1 billion

• $100 million

• $250 million

• $500 million

What is the current status of the company's tax dispute resolution?

• They have not addressed it

• They have resolved it

• They are in legal proceedings

• They are engaged in discussions