Quarterly Report 31 December 2010

Key Performance Indicators

  • Profit up 43% year on year and 14% on previous quarter
  • Attributable production up 30% quarter on quarter but  down 10% year on year 
  • Mining commences at Gounkoto after feasibility study confirms robust project
  • Deeper drilling at Gounkoto points to increased underground potential supported by a positive preliminary economic assessment
  • Updated Kibali feasibility study confirms larger project and midyear construction start-up 
  • Tongon ramps up production on first stream despite challenges in Côte d’Ivoire
  • Loulo hedge commitments completed - full exposure to gold spot price going forward
  • New executive to implement revised mining plan at Loulo
  • Group attributable production forecast to increase by 70% in 2011
  • Proposed dividend increase of 18%
 Randgold Resources Limited (‘Randgold’) had 91 million shares in issue at 31 December 2010