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...

Tongon becomes Randgold’s first mine plugged into grid

Africa-focused London- and Nasdaq-listed Randgold Resources’ Tongon mine, in Côte d’Ivoire, had been plugged into the national power grid, making it the first Randgold mine that does not rely on self-generated electricity, CEO Mark Bristow...

Tongon gold project, Côte d’Ivoire

Rangold Resources has reported a series of setbacks at its Tongon mine.

Randgold cuts 2011 output guidance after Tongon setbacks

Gold miner Randgold Resources on Monday lowered its production forecast for this year to between 690 000 oz and 700 000 oz, after a series of setbacks at its Tongon mine in Côte d’Ivoire. The LSE- and Nasdaq-listed miner previously expected to...

Randgold increases output, profit despite torrential rains

Despite experiencing a “once-in-a-hundred-years” torrential rain, which flooded the Loulo/Gounkoto complex in Mali during August, Randgold Resources maintained its gold production and, on an adjusted basis, significantly increased profit in...

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.

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.

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...

Randgold Resources weathers Côte d’Ivoire storm, producing to plan despite war

Quite amazingly, Randgold Resources, the London-listed South Africa-conceived African gold mining company, has been weathering the Côte d'Ivoire storm remarkably well. Randgold CEO Dr Mark Bristow tells Mining Weekly that the company remains on...

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...