Asante Gold’s Bibiani underground feasibility confirms seven-year mine extension
The post-tax net present value (5% discount rate) is estimated at $516 million with a 71% internal rate of return.
Randgold’s full-year profit $120.6M, compared with $84.3M last year. Company proposes to increase dividend by 18% to 20 cents per share; predicts attributable production of 750,000-790,000 ozs for 2011.
