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Gold

Randgold Resources’ Kibali mine could turn DRC’s Orientale into the next Katanga

COMMERCIAL DEVELOPMENT OF ORIENTALE 
Randgold Resources' Kibali project has the potential to boost the Orientale province’s social and economic standing Newly established gold mining project Kibali – a standalone investment by mining major Randgold Resources – situated in the Democratic Republic of Congo’s (DRC’s) Orientale province – has the potential to significantly boost the local...
13th December 2013
 
GOLD

Randgold replacing quality ounces, with quality ounces

Randgold CEO Mark Bristow One of the most critical elements the global gold mining industry is not getting right is replacing mined ‘quality ounces’ with the same quality ounces, which is one of the simplest ways to keep operating costs low and maintain margins,...
29th November 2013
 
GOLD

Randgold profit up 80% despite 3% drop in gold price

Africa-focused miner Randgold Resources’ profit increased by 80% quarter-on-quarter to $97.5-million during the three months ended September, despite a 3% drop in the average gold price, owing to strong performance at its flagship Loulo-Gounkoto...
7th November 2013
 
GOLD

Côte d'Ivoire has enormous gold exploration potential – Bristow

Despite facing its own drawn-out battles in establishing a sustainable mining operation in Côte d'Ivoire, Randgold Resources CEO Mark Bristow believes the West African country has the potential to become one of sub-Saharan Africa's key...
28th October 2013
 
GOLD

Kibali start-up could signal long-term value creation in DRC

LSE- and Nasdaq-listed Randgold Resources on Thursday said the new Kibali gold mine, which started production last month, could be the catalyst for substantial long-term value creation in the Democratic Republic of Congo (DRC) if it was handled...
10th October 2013
 
GOLD

Kibali pours first gold ahead of schedule

The giant Kibali gold project, in the Democratic Republic of Congo (DRC), has successfully started production ahead of its original year-end target and is still in line with capital forecasts, part-owner Randgold Resources CEO Mark Bristow said...
24th September 2013
 
GOLD

Randgold H1 profit falls on weak gold price Video Available

Randgold CEO Mark Bristow LSE- and Nasdaq-listed Randgold Resources maintained profitability – albeit at lower levels – during the first half of the year despite a downturn in the gold price. The group on Wednesday reported that its first-half profit of $135.7-million...
7th August 2013
 
Gold

Mining giant executive director retires

Mining giant AngloGold Ashanti reports that Tony O’Neill, who served as an executive director on the company’s board of directors, has taken early retirement, also relinquishing his position at the company as business and technical development...
2nd August 2013
 
GOLD

Randgold positively positioned in Mali – Bristow

Despite the downturn in the gold price that has plunged much of the gold mining industry into crisis, London-listed Randgold Resources believed it could maintain its positive position in Mali. CEO Mark Bristow said its development of the Morila...
1st August 2013
 
GOLD

Tongon springboard for Randgold's further Côte d'Ivoire exploration

Despite the prevalence of uncertainty around Côte d'Ivoire’s mining code, Randgold Resources CE Mark Bristow has said that the company remains committed to working with that country’s government to build a sustainable mining industry and will...
29th July 2013
 
GOLD

Randgold’s giant DRC project prepares to pour first gold

Africa-focused Randgold Resources is preparing for the first gold pour at its Kibali project, in the Democratic Republic of Congo (DRC). Randgold said the project had advanced to the immediate preproduction development stage and more than a...
24th July 2013
 
GOLD

Bristow calls for cooperation between govts, miners amid tumbling gold price

The falling gold price in recent months has emphasised the need for governments of mineral-rich countries to cooperate with mining companies in the optimal development of their resources, Randgold Resources CEO Mark Bristow has urged. At the end...
10th July 2013
 
 
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