Ivory Coast

Lower gold prices hurt Randgold first quarter profit

Cecilia Jamasmie | May 7, 2015
Lower gold prices hurt Randgold first quarter profit

The Africa-focused gold producer saw its first-quarter profit fall16% due mainly to lower bullion prices and reduced production.

Randgold’s Tongon gold mine on track to meet production target for 2015

Randgold Resources | April 27, 2015
Randgold considers acquisitions amid gold mining industry crunch

The mine's management made significant progress in dealing with the recovery and throughput challenges that had hampered the operation in its early stages.

Randgold considers acquisitions amid gold mining industry crunch

Cecilia Jamasmie | March 30, 2015
Randgold considers acquisitions amid gold mining industry crunch

CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.

Randgold Resources CEO: Treat all stakeholders as equals

Cecilia Jamasmie | December 3, 2014
Randgold Resources CEO: Treat all stakeholders as equals

Mark Bristow called gold mining companies to keep a balance when satisfying shareholders and stakeholders.

Randgold output up 28%, hunts for new mines

Cecilia Jamasmie | November 6, 2014
Randgold output up 28%, hunts for new mines

The company is confident in the precious metal it mines.

Amara Mining's Ivory Coast gold mine to start production in 2017

Reuters | October 1, 2014

Amara Mining will invest $400 million over the next two years to build one of Africa's largest gold mines at its Yaoure property in Ivory Coast with production due to start in 2017.

Huge miss at Randgold's Kibali

Frik Els | August 7, 2014
Huge miss at Randgold's Kibali

Output falls 19% at $2.5 billion DRC mine.

Randgold hoping for major discovery in Ivory Coast

Cecilia Jamasmie | July 3, 2014
Randgold hoping for major discovery in Ivory Coast

CEO Mark Bristow, who is hoping for one last major find before retiring.

Ivory Coast wants UN diamond export ban lifted

Cecilia Jamasmie | March 5, 2014
Ivory Coast wants diamond export ban lifted

Government says diamond trade is no longer a threat to fuel instability as civil war has ended and the Kimberley Process has backed the lifting of the embargo.

West African countries discuss mining law alignment

Kerry Hall | June 5, 2013
Freetown, Sierra Leone

Officials from Sierra Leone, Ivory Coast, Guinea and Liberia are meeting in London this week.

Fire at Randgold mine in Ivory Coast impacts production

Cecilia Jamasmie | December 27, 2012
Fire at Randgold Resources mine in Ivory Coast impacts production

Gold miner Randgold Resources (NASDAQ:GOLD, LON:RRS)) cut its production guidance for its Tongon mine in Ivory Coast after a fire in the mill section of a plant.

Ivory Coast plans windfall tax on gold miners’ profits

Globe and Mail | September 14, 2012

Ivory Coast plans a windfall tax of 19 per cent on gold mine profits to share in the benefits from soaring world prices for the metal.

Gold production in Africa up almost 10% in 2011

Cecilia Jamasmie | September 6, 2012

But South Africa's output continues to fall says the Economics Group’s.

63% of Newcrest's assets situated in 'very high-risk' countries

Marc Howe | July 31, 2012

Newcrest Mining (ASX:NCM) is the one Australian mining major exposed to the greatest level of country risk with 63% of its assets situated in nation-states categorized as 'very high-risk' by analysts.

Endeavour's Agbaou gold project enters construction with planned 103,000 ozs/yr at $635/oz cash cost

CNW Telbec | Mining/Metals | June 11, 2012

The Agbaou project in Côte d'Ivoire has entered the construction phase of development. The open pit mine is expected to produce 103,000 ounces of gold per year over 8 years

Endeavour Mining reports Q4 and full year 2011 gold production and 2012 guidance for production, development and exploration

CNW Telbec | Mining/Metals | January 30, 2012
Demand for gold

Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR) is pleased to announce it met 2011 production targets with Q4 gold production of 24,010 ounces from its Nzema operations in Ghana and 21,586 ounces from its Youga operations in Burkina Faso. Total annual production for 2011 was 177,290 ounces of gold at a cash cost per ounce of $614 (excluding royalties), comprised of 90,026 ounces from Nzema and 87,264 ounces from Youga

Randgold up 7% after shooting the lights out in West Africa

Frik Els | November 2, 2011

Shares of Randgold Resources, a pure-play gold mining company focused on west and central Africa, soared 7.4% Wednesday after announcing third quarter production increased 80% and sales jumped to $309.6 million from only $116.3 a year ago.

Despite a once-off drop in gold sales from the previous quarter following instability at its Tongon mine in the Ivory Coast where it has been producing for one year and what it described as once in a century rainfall at its Loulo/Gounkoto operations in Mali, third-quarter income increased more than four-fold to $106.8 million.

Ivory Coast gold production to double by 2013

China Business News | August 14, 2011
Ivory Coast (Cote d'Ivoire), vector map

The Ivory Coast’s gold production capacity will almost double to 13t a year by 2013, from its current annual output of 7t, according to the country’s energy and mines minister Adama Toungara. “We will be able to reach 13tpa by 2013 and 20tpa by

Newcrest to restart Ivory coast operations

Mineweb | May 17, 2011
sichuan gas explosion kills 28 coal colliery

Newcrest Mining , one of the world's biggest listed gold miners, expects to resume gold production at its Bonikro mine in the Ivory Coast after a stabilisation of political and security situation in the country, it said on Tuesday.

The miner said the production impact had been around 8,000 ounces of gold per month. Newcrest suspended operations at Bonikro in late March.