Randgold Mining News

Loulo-Gounkoto sets sights on another big year as Morila legacy project takes shape

The Morila operation continues to deliver value in its post-mining phase while progressing plans to develop the site into a commercial agricultural hub after its closure in 2019, Randgold Resources chief executive Mark Bristow said at an on-site media briefing today.

Randgold's Kibali mine heads for full production

The Kibali gold mine’s underground operation, which will significantly increase production, is on track to start commissioning in the third quarter of this year, Randgold Resources chief executive Mark Bristow said at a media briefing here today.

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.

Randgold continues to invest in development of Côte d'Ivoire's potential

Exploration by Randgold Resources, which owns and operates the Tongon gold mine in Côte d’Ivoire, continues to highlight exciting possibilities for further investment in the country, chief executive Mark Bristow said here today.

Kibali delivers progress despite challenges

After a slow start to 2016, the Kibali gold mine is picking up speed, with the substantial performance improvement forecast for the second half of the year already manifesting itself, 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.

Kibali continues to work through challenges as it heads for full production

Speaking at a regular briefing, Bristow said that, as anticipated, the complexity of dealing with multiple ore types from different sources had affected throughput, recovery and grade in the first half of the year.

Bristow fundraising bike ride for Africa's poor passes $2.4 million mark

Randgold Resources chief executive Mark Bristow’s fundraising motorbike safari from the east to west across mid-Africa has so far raised more than $2 million, with a little under half way to go to the end.

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.

Power cuts weigh on Randgold’s Ivory Coast mine output

Energy supply issues also hurt equipment at the miner's Tongon gold operation in the first three months of this year.

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 replenishes resources in record production year

Randgold Resources’ annual resource and reserve declaration, shows attributable measured and indicated resources steady at 21.1 million ounces while inferred resources are marginally up to 6.7 million ounces.

AngloGold Ashanti digs itself out of debt

The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.

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.

Booming Kibali boosts exploration investment in DRC

Randgold Resources has expanded its operations in Congo following the success of the Kibali gold mine, which will lead to the miner exceeding its full year production guidance for the mine in 2015.

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.