Randgold profit doubles, output climbs

London- and Nasdaq listed Randgold Resources doubled its first-quarter profit and increased its production 19% year-on-year, despite the political upheaval in Mali. Profit increased to $104-million year-on-year, while output climbed to 165 443...

Gara underground gold mine, Mali

The Gara declines have advanced 1 542 m from surface at a vertical depth of 248 m.

Yalea underground gold mine, Mali

The Yalea decline has advanced a total of 2 393 m from surface at a vertical depth of 371 m.

Randgold shares 'oversold' – analyst

The decline in Randgold Resources' share price over the last month is “definitely not” warranted, Fox-Davies analyst Peter Rose said on Friday. Randgold cautioned on December 23 that post-election unrest in the Cote d'Ivoire would negatively...

Randgold warns Côte d'Ivoire situation, Loulo problems will hit Q4 results

LSE- and Nasdaq-listed Randgold Resources said on Thursday that the ongoing “political impasse” in the Côte d'Ivoire, where the firm operates the Tongon gold mine, as well as operational issues at the Loulo mine in Mali, would have a negative...

S&P raises Randgold to 'strong buy'

Standard & Poor's has raised its opinion on shares of Randgold Resources to 'strong buy', from an earlier 'buy' opinion. The opinion change is based on valuation, analyst Leo Larkin said.

Randgold CEO predicts gold comfortably at $1500/oz in 2011

Randgold Resources CEO Mark Bristow is sticking with his prediction of $1 500/oz gold next year, and objects to suggestions that the LSE- and Nasdaq-listed company's shares are expensive compared with its peers, he said in Toronto on Friday. In a...

Randgold fast tracks Africa projects, pours first gold at Tongon

LSE- and Nasdaq-listed Randgold Resources plans to shorten the five-year intervals for opening new mines in Africa, CE Mark Bristow said on Monday. While announcing the first gold pour at the gold miner’s Tongon mine, in Côte d'Ivoire, Bristow...

Randgold Resources profit rises to $36m, output falls

LSE- and Nasdaq-listed Randgold Resources on Thursday reported a 52% quarter-on-quarter increase in net profit to $36,4-million for the three months ended June 30, 2010, in part owing to a higher gold price. This was compared with a net profit of...

Randgold Resources speeds up Gounkoto project, slows Massawa

Nasdaq- and LSE-listed Randgold Resources plans to start construction later this year on its high-grade Gounkoto project, in Mali, and could pour the first gold early in 2013, CEO Mark Bristow said on Wednesday. Randgold produces gold from the...

Randgold's Bristow promises Kibali 'road map' in Q1

LSE- and Nasdaq-listed Randgold Resources will outline the way forward at its Kibali gold project, in the Democratic Republic of Congo, early next year, CEO Mark Bristow said on Thursday. Speaking in Toronto, Bristow said Randgold will likely...

Randgold fast-tracks 'gorilla' discovery in Mali

Nasdaq- and LSE-listed Randgold Resources plans to complete a scoping study in the next few weeks on its high-grade Gounkoto discovery, in Mali, CEO Mark Bristow said on Thursday. The company has struck it lucky on two counts – not only is...