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Randgold Resources Ltd (RRS.L)

RRS.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Randgold says Q1 profit up 33 pct
Thursday, 4 May 2017 02:00am EDT 

May 4 (Reuters) - Randgold Resources Ltd ::Total dividend up 52 percent to 1.00 usdper share.Randgold resources' operations delivered a robust all-round performance in Q1 of 2017.Group on track to achieve its guidance for year.Q1 gold production was up 10 pct at 322 470 ounces.Q1 profit increased by 33 pct to $84.9 million.Q1 total cash costs decreased by 4 pct to $619/oz.Tongon delivers steady performance with good cost control.Kibali tracks guidance as it works to deliver on underground plan.  Full Article

Randgold to extend Tongon's life beyond current four years plan
Monday, 24 Apr 2017 02:00am EDT 

April 24 (Reuters) - Randgold Resources Ltd ::Randgold seeks to extend Tongon's life.Confirmed multiple opportunities for extending life of Tongon gold mine beyond current four-year horizon.Tongon is on track to achieve its production guidance of 285 000 ounces of gold for 2017.  Full Article

Randgold says Kibali's underground operation on track to start commissioning in Q3
Tuesday, 18 Apr 2017 11:30am EDT 

April 18 (Reuters) - Randgold Resources Ltd ::Kibali gold mine's underground operation is on track to start commissioning in q3 of this year - ceo.Mine is forecast to deliver approximately 610 000 ounces of gold this year, up from 585 000 ounces in 2016.Annual production is scheduled to rise to around 750 000 ounces from 2018, when underground operation will make it fully functional.  Full Article

Randgold Resources increase 2016 final dividend by 52 pct
Tuesday, 28 Mar 2017 04:02am EDT 

Randgold Resources Ltd : Proposed dividend increased . Confirmed its intention to increase its final dividend for year ended 31 December 2016 .Proposed a 52 pct year on year increase in dividend to $1.00 per share for year ended 31 December 2016.  Full Article

Randgold CEO says Tongon gold mine on track to meet 2016 target
Friday, 3 Feb 2017 06:02am EST 

Randgold Resources Ltd : Tongon gold mine in côte d'ivoire is set to achieve its revised production guidance for 2016- ceo . Tongon should hit its target of 260 000 ounces for 2016 and is forecasting to produce 285 000 ounces in 2017 - ceo .Tongon should approximately produce 290 000 ounces per year for next three years thereafter - ceo.  Full Article

Randgold says talks underway to end illegal sit-in at Tongon mine
Monday, 30 Jan 2017 02:04am EST 

Randgold Resources Ltd : Talks underway to end illegal sit-in . Randgold - negotiations underway to resolve illegal sit-in which started at tTongon mine late on 26 Jan by some employees demanding annual ex gratia payments .Central and local government representatives and union, which does not support sit-in, have joined management in engaging with workers to end action.  Full Article

Randgold and Newcrest to establish exploration JV in Ivory Coast
Friday, 18 Nov 2016 03:00am EST 

Randgold Resources Ltd : Randgold Resources and Newcrest have signed a heads of agreement to establish a joint venture for exploration . Area covers extension of some of more prolific Ghanaian gold belts and associated structures . Randgold will manage exploration programme as well as any mines that it produces .Says joint venture board will oversee exploration programme and any consequent development projects in Côte d'Ivoire.  Full Article

Gold miner Randgold Resources posts flat Q2 profit
Thursday, 4 Aug 2016 02:00am EDT 

Randgold Resources Ltd : Flagship Loulo-Gounkoto complex ended quarter ahead of target . Group production was down 4 pct quarter on quarter at 281 494oz . Quarterly total cash cost per ounce rose 12 pct to $727/oz. . Production and costs were hit in quarter to june by a long mill downtime at Tongon and Kibali plant's continuing transition .Q2 profit from mining decreased by 4 pct to $150.6 million from previous quarter's $156.8 million, and was in line with year earlier.  Full Article

Randgold Resources Ltd and AngloGold Ashanti Limited announces partnership to revive Obuasi Gold Mine
Wednesday, 16 Sep 2015 10:30am EDT 

Randgold Resources Ltd and AngloGold Ashanti Limited:Says both have concluded an investment agreement aimed at formation of a joint venture to redevelop and operate AngloGold Ashanti's Obuasi gold mine in Ghana.In terms of the Agreement, Randgold will lead and fund a development plan designed to rebuild Obuasi as a viable long-life mining business with an attractive cost structure and returns.  Full Article

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