Randgold Resources

The power of people and relationships

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The theme of this years annual report is The Power of People and Partnerships. It pays tribute to the critically important role Randgold Resources employees play in its continued success and it also acknowledges the value of the productive and mutually beneficial relationships the company has forged with stakeholders and business partners.

Download the full report [5.8 MB]

2007 Highlights of the year

Q1
Attributable reserves up 16% year on year.
Loulo achieves higher throughput and improved costs, increases flexibility.
Partnership formed with Malian jewellery industry.
High grades intercepted in Gara extension drilling.

Q2
Loulo achieves record gold production.
Bambadji JV extends Loulo footprint into Senegal.
Continued good drill results enhance Tongon project.
New corporate facility reduces funding costs, increases flexibility.

Q3
Production, profit up, costs contained.
Rescoped prefeasibility study supports larger Tongon project.
Tongon resources increase 41% to 4.4 million ounces.
Brownfield potential highlighted at Loulo and Tongon.

Q4
Strong performance by Loulo boosts group production.
Tongon mine development gets go-ahead.
US$240 million placement secures Tongon funding.
Massawa in Senegal grows into significant target.