Tops news on Commodities and Metals

1)  Randgold Open to Consider an Alternative to London Gold Fixing     (Bloomberg) -- Randgold Resources Ltd., the gold producer that has used the London fixing for 18 years, is open to consider an alternative to the benchmark used to set prices. "There is always no harm in reviewing any business," Mark Bristow, chief executive officer of the Jersey-based gold producer, said in a phone interview today from Kibali, Democratic Republic of Congo. "The nice thing about the gold fixing is it takes into account the market. 2)  Australian Gold Output Declines After Heavy Rains Lash Mines     (Bloomberg) -- Gold output in Australia, the world's second-biggest producer, fell in the first quarter after a key mining region was inundated by heavy rainfall, industry consultant Surbiton Associates Pty said. Production was 68 metric tons in the three months through March, about 7 percent less than in the fourth quarter of 2013, Melbourne-based Surbiton said in a statement. Output was 8 percent higher than in the same period a year earlier.

Samuel Tay