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Randgold Resources Ltd (GOLD.OQ)

GOLD.OQ on NASDAQ Stock Exchange Global Select Market

90.83USD
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Endeavour and Randgold form an exploration joint venture in Côte D'ivoire
Thursday, 2 Nov 2017 08:16am EDT 

Nov 2 (Reuters) - Endeavour Mining Corp ::Endeavour and Randgold form an exploration joint venture in Côte D'ivoire.Endeavour Mining Corp - ‍$3.8 million exploration campaign has been approved for remainder of 2017 and 2018​.Endeavour Mining-‍under terms of jv agreement, randgold and endeavour will hold respectively a 70% and 30% interest in newly formed joint venture​.Endeavour Mining - co, Randgold ‍established JV covering Sissedougou & Mankono exploration properties located in northern region of Côte D'ivoire​.  Full Article

Randgold says on track to meet 2017 guidance​
Thursday, 2 Nov 2017 03:00am EDT 

Nov 2 (Reuters) - Randgold Resources Ltd ::RANDGOLD ON TRACK TO MEET 2017 GUIDANCE​.Q3 GOLD SALES $ ‍387.8​ MILLION VERSUS $392.8 MILLION YEAR AGO.Q3 TOTAL CASH COSTS $ ‍201.9​ MILLION VERSUS $195.3 MILLION YEAR AGO.DEPRECIATION AND AMORTISATION OF $50.5 MILLION INCREASED BY 26% FROM CORRESPONDING QUARTER OF 2016​.Q3 PROFIT FOR THE PERIOD $ ‍60.2​ MILLION VERSUS $ 77.25 MILLION YEAR AGO.SHARE OF PROFITS FROM KIBALI JOINT VENTURE IS STATED AFTER DEPRECIATION OF $31.8 MILLION (Q2 2017: $31.3 MILLION)​.Q3 PRODUCTION ‍310,618​ OZ VERSUS 301,163 OZ YEAR AGO.Q3 QUARTERLY GOLD PRODUCTION FOR LOULO-GOUNKOTO COMPLEX WAS 172 350OZ DUE TO LOWER GRADE BUT IN LINE WITH PLAN​.  Full Article

Randgold Resources says ‍operations in Mali set to exceed production targets for 2017​
Thursday, 26 Oct 2017 09:35am EDT 

Oct 26 (Reuters) - Randgold Resources Ltd :‍OPERATIONS IN MALI ARE PERFORMING ROBUSTLY AND LOOK SET TO EXCEED THEIR PRODUCTION TARGETS FOR 2017​.  Full Article

Randgold says cash costs for quarter was $192.4 mln, down 7 pct
Thursday, 3 Aug 2017 02:00am EDT 

Aug 3 (Reuters) - Randgold Resources Ltd ::TOTAL CASH COSTS FOR QUARTER OF $192.4 MILLION WAS DOWN 7% FROM PRIOR QUARTER AND DOWN 6% FROM CORRESPONDING QUARTER OF 2016.TOTAL CASH COST PER OUNCE OF $572/OZ DROPPED BY 8% QUARTER ON QUARTER AND BY 21% COMPARED TO CORRESPONDING QUARTER IN 2016.CEO MARK BRISTOW SAID Q2 HAD BEEN A GOOD ONE BOTH OPERATIONALLY AND ON EXPLORATION AND NEW BUSINESS FRONT.TONGON - PROFIT FROM MINING ACTIVITY INCREASED BY 6% TO $46.1 MILLION IN Q2 2017, MAINLY DUE TO HIGHER PRODUCTION AND 3% HIGHER GOLD SOLD.KIBALI - PROFIT FROM MINING ACTIVITY WAS LOWER AT $53.0 MILLION IN CURRENT QUARTER (Q1 2017: $58.1 MILLION).  Full Article

Randgold says HY profit up 53 pct
Thursday, 3 Aug 2017 02:00am EDT 

Aug 3 (Reuters) - Randgold Resources Ltd ::RANDGOLD RESOURCES: Q2 RESULTS AND UPDATES.Q2 PROFIT OF $102.8 MILLION WAS UP 21% ON PREVIOUS QUARTER.HALF-YEAR PROFIT OF $187.7 MILLION WAS UP 53% ON CORRESPONDING PERIOD IN 2016.PRODUCTION OF 341 316 OUNCES FOR Q2 AND 663 786 OUNCES FOR HALF-YEAR WERE 6% AND 16% HIGHER RESPECTIVELY.RANDGOLD RESOURCES - OUTLOOK IS POSITIVE, CO TRENDING TOWARDS TOP END OF ITS 2017 PRODUCTION GUIDANCE RANGE AT A TOTAL CASH COST BELOW $600 PER OUNCE​.  Full Article

Randgold Resources says Tongon Gold continues to ramp up production
Monday, 24 Jul 2017 02:00am EDT 

July 24 (Reuters) - Randgold Resources Ltd ::CO'S TONGON GOLD MINE IN CÔTE D'IVOIRE CONTINUES TO RAMP UP PRODUCTION AS IT TRACKS ITS 2017 TARGET OF 285 000 OUNCES -CEO.RANDGOLD RESOURCES - WITH TONGON NOW OPERATING TO PLAN, FOCUS HAD SHIFTED TO FINDING ADDITIONAL RESERVES AND RESOURCES TO REPLACE DEPLETED OUNCES - CEO.RANDGOLD RESOURCES - WITH TONGON NOW OPERATING TO PLAN, FOCUS HAS SHIFTED TO EXTENDING THE MINE'S LIFE BEYOND ITS CURRENT FOUR-YEAR HORIZON- CEO.  Full Article

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

Congo mining output rises, central bank warns of inflation risk

DAKAR Copper production in Democratic Republic of Congo, Africa's top producer of the metal, rose by 9.3 percent in the first nine months of this year, but soaring inflation remains a risk to the economy, the central bank warned on Monday.