Company News: Randgold Resources
Updated: 18 Mar 2010
Major discoveries to date include the 7.5 million ounce Morila deposit in southern Mali, the +7 million ounce Yalea deposit at Loulo in western Mali and the +4 million ounce Tongon deposit in the Côte d’Ivoire. Randgold Resources financed and built the Morila mine which since October 2000 has produced more than 5 million ounces of gold and distributed more than US$1.3 billion to stakeholders. It also financed and built the Loulo project which started as two open pit mines in November 2005. Since then, an underground mine has been developed at the Yalea deposit and a second underground operation is planned for the Gara deposit. First gold production from the company’s new Tongon project is scheduled for the fourth quarter of 2010.
Financial Information
- La Motte Street
- St. Helier
- Jersey
- Channel Islands
- JE1 1BJ,
- gb
Most Recent Company News
- Randgold posts record profit, doubles dividend - 06 Feb 2012 11:21am
West Africa-focussed Randgold Resources plc posted a record annual profit, beating analyst expectations, and said it anticipated increasing its gold production by at least 19% this year. Read more... - Tongon setbacks knock Randgold’s guidance - 02 Dec 2011 12:13pm
Randgold Resources Ltd has cut its calendar 2011 production guidance following a number of setbacks at its Tongon mine in the Ivory Coast Read more... - Stockpile: Black Friday sale on mining stocks - 25 Nov 2011 5:32pm
Markets were holding their own Black Friday sales this week, as share prices of mining stocks fell further from already depressed levels. Read more... - West Africa: After the wars - 25 Nov 2011 3:32pm
In part two of the West Africa feature, the focus is on Sierra Leone, Burkina Faso and Ivory Coast Read more... - West Africa: Towards the light - 18 Nov 2011 1:16pm
Prospective geology and growing political stability continue to draw companies to West Africa Read more... - View from RBC: Buy, buy, buy - 11 Nov 2011 1:08pm
Merger and acquisition activity in the gold sector is set to increase in 2012 Read more... - Randgold Resources beats expectations after flooding - 04 Nov 2011 2:07pm
Randgold Resources Ltd, which owns gold mines in West Africa, performed better than expected after torrential rain during the September quarter Read more... - Stockpile: Market tumbles on economic concerns - 26 Sep 2011 11:52am
Mining stocks were hammered in London this week as fears of a return to recession-like economic conditions circled the globe. Read more... - Randgold lowers production guidance - 02 Sep 2011 10:37am
Randgold Resources Ltd’s production guidance for 2011 has been cut due to the affect of heavy rainfall at its Loulo and Gounkoto operations in Mali Read more... - DRC: Maturing mining market - 19 Aug 2011 11:41am
Increasing stability in the DRC is attracting investors from around the world Read more...
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