https://www.miningweekly.com

Randgold expects record-breaking year at Loulo-Gounkoto

30th January 2018

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Randgold Resources on Tuesday said it expects to report another record production performance at its Loulo-Gounkoto gold mining complex, in Mali, for 2017.

In the tailwinds of record performance in 2016, when some 707 116 oz of gold was produced, gold output in 2017 from the complex was on track for another record and at lower cash costs, said West African operations GM Chiaka Berthe.

The company’s 2017 production guidance for the operation is 690 000 oz of gold.

Berthe also announced that the Malian ministry of mines had approved the development of a superpit at the Gounkoto opencast mine.

“The existing mining convention is being reviewed to accommodate this new investment,” he noted.

Randgold will publish its results on February 5.

Edited by Creamer Media Reporter

Comments

Projects

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.129 0.168s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: