Randgold sees 1.2Moz a year output by 2015

Randgold Resources expects to be producing 1.2-million ounces of gold per year by 2015, and its operations will meet its 20% profit target even if gold falls to $1 000/oz, CEO Mark Bristow said. "We should get to 1.2-million ounces by 2015,...

Company’s gold production set to more than double

LSE- and Nasdaq-listed Randgold Resources reports it is aiming at substantially increasing its gold output from 440 000 oz/y, to between 750 000 oz/y and 790 000 oz/y, on a consolidated basis this year.

La Mancha seeks bigger stake in Sudan mine ahead of expansion

TSX-listed La Mancha Resources is in discussions with the government of Sudan on possibly increasing its ownership in the Hassai gold mine in exchange for funding expansion at the operation, senior vice-president for corporate development Martin...

Côte d’Ivoire stars in Randgold’s scintillating March quarter

Gold-mining company Randgold Resources, which was founded humbly in Johannesburg a decade and a half ago, continues to display amazing insight into the politics of Africa.

La Mancha restarts Cote d'Ivoire mine

Gold producer La Mancha Resources has resumed operations at its Ity mine in the Côte d'Ivoire, in response to the improved political situation in the country. The mine was idled in mid-December because of post-election unrest in the Côte...

Randgold hits profit, political jackpot as Côte d'Ivoire stabilises

Africa-focused London-listed gold miner Randgold Resources has hit the jackpot with surging March-quarter profit and uncanny political success in the now stabilised Côte d'Ivoire. Despite the political crisis in Côte d’Ivoire and the...

West African conflict imperils fragile diamond recovery

Although conflicts in the Middle East and North Africa have dominated world news, there are increasing warnings of a civil war in Côte d’Ivoire, from which media focus has shifted. Kimberley Process (KP) chairperson Mathieu Yamba reports that...

West African conflict imperils fragile diamond recovery

Although conflict in the Middle East and North Africa has dominated world news, there are increasing warnings of a civil war in Côte d'Ivoire, from which media focus has shifted.

Randgold says again that Cote d'Ivoire mine is running normally

Randgold Resources has once again informed analysts and investors that the company's Tongon mine in the Cote d'Ivoire is still operating, as ongoing speculation that political instability in the country has affected operations continues to weigh...

Randgold says Côte d'Ivoire mine continues to operate

Gold-miner Randgold Resources said on Wednesday that its Tongon mine continued to operate to plan, despite political instability in Côte d'Ivoire. The LSE- and Nasdaq-listed company, led by Mark Bristow, said that the recently commissioned mine...

Political turmoil forces Cluff Gold to shut Côte d'Ivoire mine

Aim- and TSX-listed Cluff Gold has suspended operations at its Angovia mine in Côte d'Ivoire because of political instability in that country. Critical supplies, including fuel, explosives, cement and cyanide, were only intermittently available,...

Tongon has ‘delivered’ in trying Côte d’Ivoire circumstances

Despite the political unrest in the Cote d’Ivoire, Randgold Resources’ Tongon gold mine delivered good results for the quarter ended December 31, 2010, reporting a profit of $4,369-million.