Edition:
India

Randgold Resources Ltd (GOLD.OQ)

GOLD.OQ on NASDAQ Stock Exchange Global Select Market

80.04USD
1:30am IST
Change (% chg)

$0.49 (+0.62%)
Prev Close
$79.55
Open
$80.04
Day's High
$80.35
Day's Low
$79.70
Volume
112,357
Avg. Vol
227,026
52-wk High
$108.26
52-wk Low
$77.71

Latest Key Developments (Source: Significant Developments)

Randgold Resources Says Commissioning Of Automated Underground Mine Drives Production Growth At Kibali
Monday, 23 Apr 2018 

April 23 (Reuters) - Randgold Resources Ltd ::COMMISSIONING OF AUTOMATED UNDERGROUND MINE DRIVES PRODUCTION GROWTH AT KIBALI.KIBALI WAS ON TRACK TO ACHIEVE ITS 2018 PRODUCTION GUIDANCE OF 730 000 OUNCES, A 22% INCREASE ON PREVIOUS YEAR'S OUTPUT.  Full Article

Randgold Resources Updates on Engagement With Congo Govt On New Mining Code​
Thursday, 15 Mar 2018 

March 15 (Reuters) - Randgold Resources Ltd ::READY FOR ENGAGEMENT WITH DRC.‍MINING INDUSTRY READY FOR ENGAGEMENT WITH DRC GOVERNMENT​.‍LEGAL AND TECHNICAL TEAM REPRESENTING MAJOR MINING COS OPERATING IN DRC ARRIVED IN KINSHASA FOR ENGAGEMENT WITH GOVERNMENT ON NEW MINING CODE​.‍COMPANIES ARE NOW AWAITING AN APPOINTMENT WITH MINISTER TO DISCUSS A PROGRAMME OF ENGAGEMENT WITH GOVERNMENT'S WORKING GROUP​.‍COS IN MEETING WITH PRESIDENT CONFIRMED WILLINGNESS TO NEGOTIATE ADDITIONAL ROYALTIES, CHANGES TO OTHER TAXES AS PART OF PROCESS​.‍COMPANIES SAID EXPECTED NEGOTIATION PROCESS WILL START SOON​.CO', ANGLOGOLD ASHANTI'S KIBALI MINE, GLENCORE'S MUTANDA MINE HAVE RESIGNED FROM FEC, CONGOLESE CHAMBER OF COMMERCE, WITH IMMEDIATE EFFECT​.  Full Article

Randgold Resources Says FY 2018 Production Between 1.30 And 1.35 Mln Ounces
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Randgold Resources Ltd ::‍FORECASTING FY 2018 PRODUCTION OF BETWEEN 1.30 AND 1.35 MILLION OUNCES AT TOTAL CASH COST PER OUNCE IN RANGE OF $590 TO $640 ​.LOULO ‍TOTAL CAPITAL EXPENDITURE FOR QUARTER AMOUNTED TO $21.2 MILLION AND $87.3 MILLION FOR YEAR ​.TOTAL DIVIDEND UP 100 PERCENT TO 2.00 USDPER SHARE.‍RECORD GOLD PRODUCTION FOR 7 TH CONSECUTIVE YEAR, EXCEEDS ANNUAL GUIDANCE​.‍PROFIT UP 14% AT $335 MILLION FOR YEAR​.‍ANNUAL EPS UP TO $2.96​.‍TONGON EXCEEDS GUIDANCE AND TOTAL CASH COST PER OUNCE DOWN 18% QUARTER ON QUARTER AND 12% YEAR ON YEAR​.WELL PLACED TO ACHIEVE ITS GOAL OF DEVELOPING THREE NEW PROJECTS IN NEXT FIVE YEARS​.‍KIBALI INCREASES PRODUCTION IN Q4 BY 17% QUARTER ON QUARTER AND 2% YEAR ON YEAR AND SUCCESSFULLY COMMISSIONS UNDERGROUND OPERATION​.‍GOLD SALES FOR YEAR ENDED DECEMBER 31 2017 OF $1.65 BILLION WERE UP 7% FROM PREVIOUS YEAR​.‍PROFIT FOR QUARTER WAS UP 45% FROM PREVIOUS QUARTER AND DOWN 8% FROM CORRESPONDING QUARTER OF 2016​.‍PROFIT FOR YEAR ENDED DEC 31, 2017 OF $335.0 MILLION REPRESENTS INCREASE OF 14% COMPARED TO PROFIT OF $294.2 MILLION IN PREVIOUS YEAR​.  Full Article

Randgold Resources Says ‍Kibali Mine On Track To Produce Its Targeted Plus 700 000 Ounces Of Gold In 2018​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Randgold Resources Ltd ::‍KIBALI DEVELOPMENT SUCCESSFULLY COMPLETED, KIBALI HEADS FOR INCREASED PRODUCTION IN 2018​.‍KIBALI MINE WAS ON TRACK TO PRODUCE ITS TARGETED PLUS 700 000 OUNCES OF GOLD IN 2018​.  Full Article

Endeavour and Randgold form an exploration joint venture in Côte D'ivoire
Thursday, 2 Nov 2017 

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 

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 

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

Gold miner Randgold Resources posts flat Q2 profit
Thursday, 4 Aug 2016 

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

BRIEF-Randgold Resources Says Ministry Of Mines Has Not Yet Formally Responded To Industry's Proposal

* RANDGOLD RESOURCES LTD - MINISTRY OF MINES HAS NOT YET FORMALLY RESPONDED TO INDUSTRY'S PROPOSAL