Russian miner’s IPO could fill London gold hole

Shining bright: Russia, meanwhile, remains one of the world’s most promising regions when it comes to gold, second in potential only to Australia. — AFP

LONDON: Over two decades, Africa-focused Randgold Resources Ltd earned a reputation for running efficient operations in tough places, with lustrous shareholder returns and a premium valuation to match.

Since Mark Bristow’s outfit agreed to merge into Barrick Gold Corp in late 2018 to create a bullion mining giant traded in North America, there’s been a space open on the other side of the pond for a midsize swashbuckler.