Edition:
United States

Randgold Resources Ltd (RRS.L)

RRS.L on London Stock Exchange

6,942.00GBp
14 Dec 2018
Change (% chg)

-34.00 (-0.49%)
Prev Close
6,976.00
Open
6,982.00
Day's High
6,998.00
Day's Low
6,834.00
Volume
409,088
Avg. Vol
608,683
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7,470.00
52-wk Low
4,607.00

Latest Key Developments (Source: Significant Developments)

Barrick Shareholders Approve Randgold Merger
Monday, 5 Nov 2018 12:29pm EST 

Nov 5 (Reuters) - Barrick Gold Corp ::BARRICK SHAREHOLDERS OVERWHELMINGLY APPROVE RANDGOLD MERGER.BARRICK GOLD CORP - ISSUANCE OF BARRICK COMMON SHARES IN CONNECTION WITH MERGER WERE APPROVED BY MORE THAN 99 PERCENT OF VOTES CAST.BARRICK GOLD CORP - MERGER IS EXPECTED TO BE COMPLETED ON JANUARY 1, 2019.  Full Article

Randgold Resources Says Randgold Court Meeting, EGM Adjourned To Nov. 7
Monday, 5 Nov 2018 07:20am EST 

Nov 5 (Reuters) - Randgold Resources::RANDGOLD RESOURCES BARRICK GOLD CORP - RANDGOLD COURT MEETING AND EGM ADJOURNED.RANDGOLD RESOURCES LTD - RANDGOLD'S SHAREHOLDERS APPROVED AN ORDINARY RESOLUTION TO ADJOURN EGM TO 11:15 A.M. ON WEDNESDAY 7 NOVEMBER 2018.  Full Article

Randgold Resources Says Flagship Loulo-Gounkoto In Mali Steps Up Production
Tuesday, 30 Oct 2018 01:00pm EDT 

Oct 30 (Reuters) - Randgold Resources Ltd ::FLAGSHIP LOULO-GOUNKOTO STEPS UP PRODUCTION.LOULO-GOUNKOTO GOLD MINING COMPLEX IN MALI IS STEPPING UP PRODUCTION FOLLOWING START OF PUSHBACK AT GOUNKOTO'S NEW SUPER PIT.INCREASED GRADES EXPECTED IN THIRD AND Q4 OF YEAR AT LOULO-GOUNKOTO GOLD MINING COMPLEX.MALI COMPLEX'S PRODUCTION PROFILE WAS WEIGHTED TOWARDS BACK HALF OF YEAR BECAUSE OF BIG PUSHBACK'S IMPACT IN FIRST TWO QUARTERS.MEDIATION PROCESS WAS UNDERWAY TO REACH AN AMICABLE SETTLEMENT OF RANDGOLD GROUP COMPANIES' TAX AND TVA ISSUES WITH GOVERNMENT.IN MALI CO ENTERED INTO DISCUSSIONS ON POTENTIAL JV WITH GOV TO EXPLORE REGIONAL AREA OF INTEREST TO DEVELOP DETAILED GEOLOGICAL DATASET.  Full Article

Randgold Resources Says Tongon Gold Mine Back In Business After Lock-Out Lifted
Wednesday, 5 Sep 2018 04:13am EDT 

Sept 5 (Reuters) - Randgold Resources Ltd ::TONGON BACK IN BUSINESS AFTER LOCK-OUT LIFTED.NEGOTIATIONS BETWEEN MANAGEMENT, WORKERS, COMMUNITY LEADERS, GOVERNMENT CREATED AN AGREEMENT.OPERATIONS AT TONGON GOLD MINE RETURNED TO NORMAL ON WEDNESDAY AFTER MANAGEMENT LIFTED LOCK-OUT IMPOSED ON WORKERS.AS PER AGREEMENT, WORKERS ARE BEING RE-EMPLOYED IN PHASES ALIGNED TO START-UP OF MINE'S VARIOUS SECTIONS.WORK STOPPAGE NECESSITATED REVISION OF PREVIOUS PRODUCTION GUIDANCE FOR YEAR WHICH IS NOW ESTIMATED AT 230 000 OUNCES OF GOLD.AGREEMENT STIPULATES PREVIOUS DISCUSSIONS, SHOULD BE RESUMED WHERE THEY WERE INTERRUPTED BY STRIKE IN JULY.OVERALL GROUP PRODUCTION OUTLOOK REMAINED WITHIN GUIDANCE GIVEN AT START OF YEAR ALBEIT TOWARDS LOWER END OF RANGE.  Full Article

Randgold Resources Says Gold Production At Kibali Mine On Track To Beat FY Guidance
Wednesday, 25 Jul 2018 09:01am EDT 

July 25 (Reuters) - Randgold Resources Ltd ::RANDGOLD RESOURCES LTD - GOLD PRODUCTION AT KIBALI MINE IN DEMOCRATIC REPUBLIC OF CONGO IS RISING STEADILY.RANDGOLD RESOURCES LTD - GOLD PRODUCTION AT KIBALI MINE ON TRACK TO BEAT ITS GUIDANCE OF 730 000 OUNCES FOR THIS YEAR.  Full Article

Randgold Says Industrial Action At Tongon Mine Having Some Impact On Ops
Tuesday, 3 Apr 2018 03:04am EDT 

April 3 (Reuters) - Randgold Resources Ltd ::‍INTERMITTENT INDUSTRIAL ACTION BY WORKFORCE OF ITS MINING SUBCONTRACTOR WAS HAVING SOME IMPACT ON OPERATIONS AT ITS TONGON GOLD MINE​.MINE AND SCATS STOCKPILES BUT MANAGEMENT SAID OPERATION WAS LAGGING ITS PRODUCTION FORECAST.OPERATIONS WERE EXPECTED TO GET BACK TO FULL CAPACITY AND "CHALLENGE WAS GOING TO BE RECOVERING LOST PRODUCTION".CONFIRMED THAT RANDGOLD'S GROUP OUTLOOK FOR 2018 REMAINED WITHIN GUIDANCE.  Full Article

Anglogold Ashanti Says In Full Support Of Randgold Resources
Thursday, 8 Mar 2018 05:01am EST 

March 8 (Reuters) - Anglogold Ashanti Ltd ::‍ANGLOGOLD ASHANTI PROVIDES UPDATES ON DRC MINING CODE DISCUSSIONS​.ANGLOGOLD ASHANTI IS IN FULL SUPPORT OF RANDGOLD RESOURCES, OUR PARTNER AND OPERATOR IN KIBALI JOINT VENTURE.‍ON MARCH 7, MEETING TOOK PLACE BETWEEN PRESIDENT JOSEPH KABILA KABANGE OF DRC AND REPRESENTATIVES OF MINING INDUSTRIES AT REQUEST​.SUPPORTS RANDGOLD RESOURCES, PARTNER AND OPERATOR IN KIBALI JOINT VENTURE.RANDGOLD RESOURCES WILL CONTINUE ENGAGEMENT WITH DRC GOVERNMENT REPRESENTATIVES NEXT WEEK.‍MINING OPERATORS AGREED TO CONTINUE DISCUSSIONS WITH GOVERNMENT ON ISSUES EXISTING IN AGREEMENT ONCE NEW MINING CODE HAS BEEN SIGNED.  Full Article

Randgold Says To Start Engagement With DRC Govt Next Week
Thursday, 8 Mar 2018 02:01am EST 

March 8 (Reuters) - Randgold Resources Ltd ::PRESS STATEMENT - KINSHASA.‍ON MARCH 7TH, 2018, A MEETING TOOK PLACE BETWEEN PRESIDENT OF DEMOCRATIC REPUBLIC OF CONGO AND REPRESENTATIVES OF MINING INDUSTRIES.‍PURPOSE OF MEETING WAS TO CLARIFY CERTAIN ASPECTS OF NEW MINING CODE ADOPTED BY TWO CHAMBERS OF CONGOLESE PARLIAMENT​.SAYS CHIEF EXECUTIVE MARK BRISTOW SAID COMPANY WOULD START ITS ENGAGEMENT WITH GOVERNMENT REPRESENTATIVES NEXT WEEK.  Full Article

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

La Mancha plans to expand its African footprint, buy Barrick gold mines

LONDON La Mancha Group plans to buy more underground gold mines in Africa and is ready to snap up mines that Barrick Gold and Randgold Resources will sell after their merger, its billionaire chairman Naguib Sawiris said on Tuesday.