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News Releases
LSE: RRS NASDAQ: GOLD

News Releases

Randgold Resources posts record profit while advancing to next growth stage

06 February 2012
London, 6 February 2012 - Powered by increased production at all its operating complexes, Randgold Resources’ profit soared by 259% to US$433.4 million for 2011. Profit for the fourth quarter of US$136.2 million was up 323% on the corresponding quarter in 2010 and was also higher than the company’s annual profit in any preceding year. The board has proposed a US$0.40 annual dividend, up 100% on 2010 on the back of the substantial increase in earnings.

Kibali Project in the starting blocks

02 February 2012
Kinshasa, DRC, 2 February 2012 - Preparatory work has been completed at the Kibali gold project in the Democratic Republic of Congo, where first gold production is scheduled for the end of 2013. Randgold Resources, the project manager and operator, and AngloGold Ashanti each has a 45% stake in Kibali with the DRC parastatal Sokimo owning the balance.

Gounkoto boosts Loulo Complex as development continues

24 January 2012
Loulo, Mali, 24 January 2012 – A robust contribution from the new Gounkoto mine enhanced the capacity and flexibility of Randgold Resources’ Loulo complex to increase gold production in 2011 despite the substantial challenges presented by the development of two underground mines and the plant expansion.

Partnerships conquer challenges at Tongon

20 January 2012
Abidjan, Côte d’Ivoire, 20 January 2012 - Randgold Resources’ new gold mine at Tongon in Côte d’Ivoire - nurtured as a project through a civil war and then successfully commissioned in the final quarter of 2010 during the post-election disturbances - represents a triumph of the company’s philosophy of partnering with its host countries, chief executive Mark Bristow said here today.

Tongon issues will impact Randgold's Q4 production

28 November 2011
London, 28 November 2011 – Randgold Resources (‘Randgold’) today reported a series of setbacks at its Tongon mine in Côte d’Ivoire which will have a negative impact on its production for the fourth quarter of this year.

Randgold overcomes obstacles to post profit increase

02 November 2011
London, 2 November 2011 - Despite torrential rains which flooded its flagship Loulo/Gounkoto complex in Mali during August, Randgold Resources (‘Randgold’) maintained gold production and on an adjusted basis significantly increased profit in Q3.

Appointment of Independent Non-executive Director: Andrew J Quinn

01 November 2011
London, 1 November 2011 – Randgold Resources is pleased to announce the appointment of Andrew J Quinn as an independent non-executive director and a member of the audit committee with effect from 1 November 2011.

President opens new Randgold mine in Côte d’Ivoire

24 October 2011
Tongon, Côte d’Ivoire, 24 October 2011 – The Honourable Alassane Ouattara, President of Côte d’Ivoire, today officially opened Randgold Resources’ new Tongon gold mine in the north of the country. Also at the ceremony were the Minister of Mines, Oil and Energy Adama Toungara, a number of ambassadors and senior government officials from the Côte d’Ivoire as well as Mali and the DRC, and representatives of Randgold’s international and African business partners.

Kibali maintains target for commissioning in Q4 2013

04 October 2011
Kibali, DRC, 4 October 2011 - The giant Kibali gold project is targeting to commission its gold processing facility in the fourth quarter of 2013, almost two years earlier than originally intended, Randgold Resources’ chief executive Mark Bristow said here today.

Dakar Rally Champion hauls first ore from Gounkoto to Loulo

29 September 2011
Dakar, Senegal, 29 September 2011 – (LSE:RRS)(Nasdaq:GOLD) Veteran rallycross and Dakar Rally driver Johannes (Jan) de Rooy today hauled the first load of ore from Randgold Resources’ new Gounkoto gold mine in Mali to its nearby Loulo plant in one of eleven new specially modified tipper trucks.

Tipper trucks start journey to Gounkoto Mine

22 September 2011
Dakar, Senegal, 23 September 2011 – (LSE:RRS)(Nasdaq:GOLD) Eleven specially modified 50 tonne trucks have arrived in Dakar in Senegal en route to the new Gounkoto gold mine at Randgold Resources’ Loulo mining complex in Western Mali.

Abnormal rainfall impacts producton at Loulo complex

29 August 2011
Bamako, Mali, 29 August 2011 - Following abnormally heavy rainfall, Randgold Resources announced today that third quarter production at its Loulo/Gounkoto gold mining complex in Mali would be negatively impacted

Strong all-round performance delivers production and profit growth

04 August 2011
London, 4 August 2011 - Randgold Resources boosted gold production for the three months to June by 33% quarter on quarter and 97% on the corresponding quarter in 2010 on the back of a record all-round performance and contributions from its new Tongon and Gounkoto mines.

Kibali relocation starts, paving way for project's construction phase

19 July 2011
Kibali, Democratic Republic of Congo, 19 July 2011 - The Kibali relocation programme has started with the move of the first people from within the giant gold project’s development zone to the specially designed and built model town of Kokiza, which has been established to provide a new home for the residents of the 14 affected villages.

Restricted Stock Award: Non-Executive Directors

24 June 2011
London, United Kingdom, 24 June 2011 – Randgold Resources Limited (LSE:RRS) (NASDAQ:GOLD) (“Randgold Resources” or the “Company”) announces that in terms of the Company’s remuneration for non-executive directors approved by shareholders at the Annual General Meeting on 3 May 2011, an award of 1 200 restricted shares was made to each non-executive director and 3 600 to the chairman on 23 June 2011.

Determined effort delivers steady performance gains

05 May 2011
London, 5 May 2011 - Despite the political crisis in Côte d’Ivoire and the underground re-engineering of its flagship Loulo complex, Randgold Resources (Randgold) again posted substantial profit and production gains for the first quarter of 2011.

Predevelopment progress paves way for mid-year mine construction start at Kibali

18 April 2011
Kibali, Democratic Republic of Congo, 18 April 2011 - Rapid progress on the predevelopment phase of the giant Kibali gold project is paving the way for the targeted mid-year start of mine construction.

Sustained focus on organic growth delivers rise in reserves and resources for eighth consecutive year

31 March 2011
London, 31 March 2011 - Randgold Resources Limited (Randgold) today reported a 5% increase in its attributable mineral resources and reserves for the year to December 2010, after mining depletion and adjustments based on ongoing exploration and evaluation programmes.

Restricted Stock Award: Non Executive Directors

23 February 2011
London, United Kingdom, 23 February 2011 – Randgold Resources Limited (LSE:RRS) (NASDAQ:GOLD) (“Randgold Resources” or the “Company”) announces that in terms of the Company’s remuneration for non-executive directors approved by shareholders at the Annual General Meeting on 4 May 2010, an award of 1 200 restricted shares is made each year to each non-executive director.

Randgold forges ahead in tough year

07 February 2011
London, 7 February 2011 - Despite operational and political setbacks in a generally challenging year, Randgold Resources boosted its profit for 2010 by 43% to US$120.6 million on the back of a stronger Q4 performance which drove up attributable production by 30% to 132 099 ounces quarter on quarter.

Partnership in progress keeps Kibali on fast track

24 January 2011
Kinshasa, Democratic Republic of Congo, 24 January 2011 - All key pre-production targets set for 2010 have been met by the Kibali development team and the giant gold project is on track for the start-up of construction by the middle of the year, six months earlier than originally scheduled.