Morila mine, Mali

An openpit mine, situated in Mali.

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.

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...

On-the-Air 20/11/2009

CoM calling for South Africa to adopt completely new electricity dispensation; a South African is in the process of building no less than four brand new gold mines in Africa, Department of Energy wants a million solar water heaters installed in...

Randgold selling 5m new shares, profit 45% up for quarter

South Africa-conceived and London-listed Randgold Resources said on Tuesday that it was commencing a global offering of five-million new ordinary shares and reported a 45% rise in profits for the quarter to June 30. The Randgold share-offer...

Spurious ‘gold counters’ confusing investor community, says Randgold Resources CEO Mark Bristow

While many investors are decrying the failure of ‘gold counters’ to perform as traditional levered investments, many of those ‘gold counters’ are not gold counters at all, says Dr Mark Bristow, CEO of Randgold Resources, a...

Randgold's Yalea mine in Mali to reach full output in 2009

Gold-miner Randgold Resources will start establishing the first mining faces at its new Yalea underground mine, in Mali, during the second quarter of this year, and expects to reach full production by 2009, the company said on Tuesday. The mine...