Dr Mark Bristow, CEO of Randgold Resources, who is finding it no problem to generate free cash through the current gold price slump. “You build businesses in the troughs and you make money in the peaks” is Bristow’s long-standing business philosophy, which is producing dividends, literally. When gold went to its record high of $1 900/oz, the London-listed, Africa-focused company took the profit margin and resisted showing off a bigger business to its shareholders. The company is on track to generate unfettered cash at a rate of $200-million a year on top of the $100-million already in hand.