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Quarterly Report 31 December 2011
LSE: RRS NASDAQ: GOLD

Quarterly Report 31 December 2011

Key Performance Indicators


  • Group profit up 259% year on year; up 323% on Q4 2010
  • Cash increased by 33% year on year, despite significant investments in capital projects
  • Ounces produced up 58% year on year, reflecting increased production at all operations and commissioning of Gounkoto mine
  • Ounces sold rose 74% year on year
  • Group cash operating costs per ounce in line with prior year
  • Kibali development plan nears completion; proposed operation increased to 6 million tpa
  • Work continues on unlocking greater capacity through current expansion programmes at Loulo and Tongon
  • Morila passes the 6 million ounce production mark, achieving 1 500 000 lost time injury free hours
  • Proposed dividend increase of 100%

Randgold Resources Limited (‘Randgold’) had 91.7 million shares in issue at 31 December 2011