Work still continues on the development of its underground operation and second hydropower plant.
Mali Mining News
The world’s highest grade gold mines
Canadian mine takes top honours but Russia and USA dominate the rankings.
Gold mining still most significant source of income in Africa, Asia — WGC
Mali, Papa New Guinea, Burkina Faso, Guinea, Tanzania, DRC and Mongolia among countries where gold mining contributed the most to their locals economies, says the World Gold Council.
Mali's mining earnings drop on lower gold production, prices
Mali's earnings from its gold-dominated mining sector slipped by around six percent to just under 206 billion CFA francs ($350.60 million) last year due to a drop in output and lower prices for the precious metal.
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.
One year-old Kibali mine already looks to its future
The ongoing search for additional reserve ounces at Kibali will secure its future as a long-life mine and one of Africa’s largest gold producers, Randgold Resources chief executive Mark Bristow said.
Randgold considers acquisitions amid gold mining industry crunch
CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.
Randgold is piling on the ounces in West Africa
Fast growing Africa-focused Randgold Resource will release a feasibility study for third underground mine at its Loulo-Gounkoto complex in West Africa.
One employee shot dead at B2Gold Masbate project in the Philippines
The security guard, a long-time employee at the Masbate gold project, was killed by a fellow guard on Saturday, following an argument between the two.
Randgold Resources CEO: Treat all stakeholders as equals
Mark Bristow called gold mining companies to keep a balance when satisfying shareholders and stakeholders.
When it rains…Iron ore, gold miners the most vulnerable to Ebola risk
Report shows there are 39 assets in production within the Ebola-affected region.
Randgold output up 28%, hunts for new mines
The company is confident in the precious metal it mines.
Preparedness spurs prompt response to Mali’s first Ebola case
Randgold owns and operates the Morila, Loulo and Gounkoto gold mines in Mali.
Gold prices hurting miners? Throw Ebola into the mix
Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.
Mali to boost funding and policing of artisanal gold mining
Mali plans to boost funding opportunities for its artisanal miners and to improve the policing of a sector that produces about a third of the country's gold exports, officials said on Thursday at the start of a mining reform meeting.
Guinea on national emergency over Ebola, mining operations threatened
Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.
West Africa Ebola outbreak forces miners to lock down operations, delay projects
After the WHO declared the current outbreak an “international public health emergency.”
Mali revokes 130 mining licences
Decision comes on the heels of a finished inventory of permits, which aimed to clean up the sector.
Randgold hoping for major discovery in Ivory Coast
CEO Mark Bristow, who is hoping for one last major find before retiring.
More junior gold M&A?
Papillon is in play.
Resource rich countries lead global conflict and political violence index
Levels of conflict and political violence have risen significantly in 48 countries, most of them considered traditional mining destinations.
Randgold targets higher gold output, gives CEO 36% pay rise
Under founder and CEO Mark Bristow's leadership, the gold miner has grown to have a market value of $7bn and become the U.K.’s biggest gold producer.
Africa’s rising risks jeopardizing recent mining growth: report
Analysts claim Sub-Saharan Africa's investment environment is deteriorating.
Miners warned about Indonesia, Brazil, India and South Africa investments
Terrorism, regime instability and resource nationalism, are the main risks mining investors will face in 2014.
