Randgold Resource Ltd Mining News

Randgold resumes Tongon mine operations after deal with workers

Employees who had staged an illegal sit-in at the mine returned to work Wednesday after management and authorities reached a deal with them, the company said.

Randgold Resources hit by illegal sit-in at Tongon mine

Company said talks are underway to stop an illegal sit-in that started last week by some employees demanding annual ex-gratia payments.

Kibali ends challenging year with strong finish

The Kibali gold mine in the Democratic Republic of Congo has continued its performance improvement in the second half of the year after a tough first half.

Gold’s slim price recovery this year boosts supply fears

Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.

Randgold, Newcrest join forces to explore Ivory Coast for more gold

The new venture is part of Randgold's ambitious plan to discover three new deposits in the next five years.

Randgold eyes three new mines as higher gold prices boost profit 55%

The gold miner also expects to be in a position to increase dividends by the end of the year.

Rangold looking to the future in Mali

In the current climate of global economic and political stress, it is more important than ever for African governments to engage with their investors in a spirit of genuine partnership, Randgold Resources chief executive Mark Bristow said here today.

Successful and sustainable mining industry key to building Mali’s economy — Randgold

Randgold’s mines in Mali annually accounted for between 7% and 11% of the country’s GDP, with Loulo having already contributed $2.3 billion to the country’s economy.

Randgold’s Bristow sets off on another epic bike ride for Africa’s poor

Randgold Resources chief executive Mark Bristow is on a fund-raising motorbike safari, which will take him from east to west across mid-Africa.

Operational ‘wrinkles’ take shine off Randgold’s results

The miner slid the most in four years after reporting first-quarter gold production fell 11% due to operational problems at Kibali and Tongon mines.

Kibali shines in record year for Randgold Resources

Kinshasa, the Kibali gold mine in the Democratic Republic of Congo was the star performer in Randgold’s portfolio of operations in 2015, exceeding its target by 7% to contribute 642 720 ounces to the group’s record production for the year.

Randgold raises dividend despite profit slump

The firm also said it would continue to invest in exploration, which remains the engine that drives its business.

Alecto Minerals strikes JV deal with Randgold for Mali project

Once deal is completed, Randgold would fund all costs, including the completion of a pre-feasibility study on over the former's Kossanto West Gold Project in Western Mali.

Randgold Resources bails out of Ghana partnership with AngloGold

The company said it believed that the Obuasi mine does not meet its criteria for making an investment.

Randgold profit tumbles despite record gold production

The firm, debt-free despite current market conditions, mined a record 305,288 ounces in the third quarter, up from 299,320 a year earlier.

Randgold, AngloGold Ashanti join forces to revamp Ghana mine

Under the agreement with AngloGold, Randgold will lead and fund a development plan to rebuild the Obuasi gold mine in Ghana.

Morila: a lesson and a legacy

Gold mine in Mali is a shining example of how a world-class mineral resource can be optimally exploited to the benefit of all its stakeholders, says Randgold.

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 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

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

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.

Randgold hoping for major discovery in Ivory Coast

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

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.

Randgold begins gold production at Congo’s $1.7bn Kibali

Speaking at the Denver Gold Forum, CEO Mark Bristow warned the industry is not out of the woods just yet.