Randgold CEO on Earnings, Production Targets, Gold

The video discusses the company's quarterly performance, highlighting successes in Kibali and Mali, and challenges in Ivory Coast. Operational adjustments were made to address strikes, with support from local governments. Production estimates for 2018 are on track despite some downgrades. The company is navigating changes in the Congo mining code and remains optimistic about finding solutions. The video concludes with predictions for the gold market, expecting prices to rise towards $1300 by year-end.

What was one of the highlights mentioned in the company's recent performance?

• A merger with a competitor

• Record achievements at Kibali and the DRC

• A new partnership in South America

• A significant drop in production

How is the company addressing the challenges in Ivory Coast?

• By increasing automation

• By suspending operations temporarily

• By hiring more local workers

• By relocating the mine

What is the company's production guidance for 2018?

• 1.7 to 1.8 million ounces

• 1.5 to 1.6 million ounces

• 1.3 to 1.35 million ounces

• 1.0 to 1.1 million ounces

What is the main challenge discussed regarding the mining code in Congo?

• Lack of skilled labor

• Environmental regulations

• Breaking of vested rights and state guarantees

• Increased taxes on exports

What is the predicted trend for gold prices by the end of the year?

• A significant decrease

• Stability around current levels

• An increase towards $1300 or above

• Fluctuation without a clear trend