Randgold Resources Mining News

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 to exceed 2015 output target from Kibali, wants new licence in Congo

The mine produced 526,627 ounces in its first full year of operation in 2014, and was expected to yield 600,000 ounces this year.

Miners who made Harvard's best-performing CEO list

African gold miner comes out on top.

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.

Randgold's Kibali mine ramp-up on track for 600 ounces a year

Work still continues on the development of its underground operation and second hydropower plant.

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

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

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.

Randgold's Kibali ramp-up on track for 600koz

Randgold Resources' $1.7bn Kibali project in DRC is operating at design after commissioning of metallurgical plant and first of three hydropower plants.

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.

Opportunities but also challenges for Africa’s gold-producing countries

Randgold Resources chief executive Mark Bristow argues that the looming undersupply of gold will create opportunities for mineral-rich African countries but they will have to compete aggressively for shrinking exploration dollars.

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.

Business leaders call for greater global support against Ebola outbreak

A group of 11 chief executives of firms operating in West Africa have called for more international support to combat the deadly virus.

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.”

Huge miss at Randgold's Kibali

Output falls 19% at $2.5 billion DRC mine.

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.

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.