abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

23 Oct 2007

Author:
I-Net Bridge [So. Africa]

Randgold: Development key to success in Africa

For the full benefit [of mining] to be spread throughout the affected communities...mining companies [have] to take an enlightened long-term view of their activities, give priority to the development of sustainable operations, and build mutually rewarding partnerships with the governments and people of their host countries. "If you're driven only by dollars, you shouldn't be mining in Africa," [Randgold Resources chief executive, Mark] Bristow said...Bristow said Mali presented an outstanding example of what this approach could achieve. He noted that over the past 10 years, Randgold…had invested and reinvested more than $1-billion...