Randgold Resources today welcomed the announcement of a political settlement brokered in Mali by its West African neighbours and said the disruptions which followed last month's military coup had not materially affected its gold production in that country. Over the weekend the military junta announced that it had agreed to reinstate the [...]
London, 30 March 2012 - Randgold Resources Limited announces that in accordance with FSA's Disclosure Rules and Transparency Rules, its issued share capital consists of 91,834,384 (ninety one million eight hundred and thirty four thousand three hundred and eighty four) ordinary shares of US$0.05 each.
Randgold Resources chief executive Mark Bristow said today that the Bamako airport has reopened and the borders opened for all traffic yesterday. Bristow, who is at the company's Loulo complex in Mali, said the operation's fuel supplies had been replenished over the weekend and the Loulo, Gounkoto and Morila mines were all operating at present [...]
Randgold Resources Limited announces the following: (a) Mr Robert Israel, a non-executive director of the Company, purchased 1 000 ordinary shares of the Company on 22 March 2012 at a price of US$91.4790 and Mr Israel purchased 500 ordinary shares of the Company on 23 March 2012 at a price of US$88.51. Mr Israel's shareholding in the Company is now [...]
Under the Randgold Resources Limited Restricted Share Scheme, an award over 28,843 ordinary shares in Randgold Resources was granted to Dr D M Bristow and an award over 6462 ordinary shares was granted to Mr G P Shuttleworth on 16 March 2012. The awards granted to both Dr Bristow and Mr Shuttleworth will vest as to one third following the third [...]
The primary risk in building a business in Africa lies not in the continent's socio-political environment but in the need to structure a business model and a management team capable of dealing effectively with the dynamics of an emerging market, Randgold Resources chief executive Mark Bristow said at the African Mining Indaba today.'The first step [...]
Powered by increased production at all its operating complexes, Randgold Resources' profit soared by 259% to US$433.4 million for 2011. Profit for the fourth quarter of US$136.2 million was up 323% on the corresponding quarter in 2010 and was also higher than the company's annual profit in any preceding year. The board has proposed a US$0.40annual [...]
Preparatory work has been completed at the Kibali gold project in the Democratic Republic of Congo, where first gold production is scheduled for the end of 2013. Randgold Resources, the project manager and operator, and AngloGold Ashanti each has a 45% stake in Kibali with the DRC parastatal Sokimo owning the balance.
