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Quarterly Report 31 December 2008
LSE: RRS NASDAQ: GOLD

HIGHLIGHTS FOR THE QUARTER AND YEAR ENDED 31 DECEMBER 2008


 

  • Adjusted net profit up 33% for the quarter and 26% for the year
     
  • Net profit up 3% year on year to US$47 million
     
  • Strong balance sheet with cash at year end of US$257 million
     
  • Group total cash costs per ounce reduced by 11% quarter on quarter
     
  • Attributable group production increased by 6% quarter on quarter
     
  • Tongon EIA approved – construction progressing
     
  • Massawa drill results confirm significant discovery – scoping study underway
     
  • Dividend payment increased by 8%
     

 

Randgold Resources Limited had 76.5 million shares in issue as at 31 December 2008