[miningmx.com] – THE gold industry has poor discipline after new supply breached 3,000 tonnes for the first time last year even though demand dropped 11% to just over 4,000 tonnes, said Bloomberg News citing Mark Bristow, CEO of Randgold Resources.
“The downside is driven by the industry continuing to supply gold at a loss,’ Bristow said in an interview with Bloomberg News.
“We’re not disciplined as an industry, we’re not in good shape as a gold mining industry,’ he said.
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