Jersey

Randgold Resources is a gold mining business operating mainly in Mali. Headquartered in Jersey, Channel Islands, it is listed on the London and the NASDAQ stock exchanges. Its London-traded shares are a constituent of the FTSE 100 Index and its NASDAQ-traded shares are a constituent of the NASDAQ-100 index. Wikipedia.

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News Article | May 2, 2017
Site: www.marketwired.com

RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") CHANGES TO THE BOARD AND BOARD COMMITTEES Jersey, Channel Islands, 2 May 2017 - Following the annual general meeting held on 2 May 2017, and as announced on 3 February 2017, Kadri Dagdelen, a non-executive director and a member of the Company's governance & nomination committee retired from the board on 2 May 2017. Randgold Resources also announces that with effect from 2 May 2017, Olivia Kirtley, a non-executive director has been appointed a member of the audit committee. Also effective 2 May 2017, Jeanine Mabunda Lioko, a non-executive director, has been appointed a member of the governance and nomination committee, and will step down from the audit committee. Commenting on the changes, Randgold Resources' Chairman, Christopher Coleman, said: "These changes strengthen the board's committees following recent changes to the board. I would like to thank Kadri for his contribution as a Randgold non-executive director. He has been a source of guidance for the business in particular to the mining teams over the past seven years. "


News Article | May 2, 2017
Site: www.marketwired.com

RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") CHANGES TO THE BOARD AND BOARD COMMITTEES Jersey, Channel Islands, 2 May 2017 - Following the annual general meeting held on 2 May 2017, and as announced on 3 February 2017, Kadri Dagdelen, a non-executive director and a member of the Company's governance & nomination committee retired from the board on 2 May 2017. Randgold Resources also announces that with effect from 2 May 2017, Olivia Kirtley, a non-executive director has been appointed a member of the audit committee. Also effective 2 May 2017, Jeanine Mabunda Lioko, a non-executive director, has been appointed a member of the governance and nomination committee, and will step down from the audit committee. Commenting on the changes, Randgold Resources' Chairman, Christopher Coleman, said: "These changes strengthen the board's committees following recent changes to the board. I would like to thank Kadri for his contribution as a Randgold non-executive director. He has been a source of guidance for the business in particular to the mining teams over the past seven years."


News Article | April 28, 2017
Site: www.marketwired.com

RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") Jersey, Channel Islands, 28 April 2017 - Randgold Resources announces that in accordance with the Disclosure and Transparency Rules, its issued share capital consists of 94 046 223 ordinary shares of $0.05 each. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of Randgold Resources. In addition, 61 681 ordinary shares are currently held on trust and do not confer voting rights. Therefore, the total number of voting rights in the Company is 93 984 542. The above figure can be used by shareholders (and others with notification obligations) as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to their interest in, Randgold Resources under the Disclosure and Transparency Rules.


News Article | April 18, 2017
Site: www.marketwired.com

KIBALI HEADS FOR FULL PRODUCTION AS UNDERGROUND MINE NEARS COMPLETION AND SECOND HYDROPOWER STATION IS COMMISSIONED Kinshasa, DRC, 18 April 2017 - The Kibali gold mine's underground operation, which will significantly increase production, is on track to start commissioning in the third quarter of this year, Randgold Resources chief executive Mark Bristow said at a media briefing here today. The mine is forecast to deliver approximately 610 000 ounces of gold this year, up from 585 000 ounces in 2016, but annual production is scheduled to rise to around 750 000 ounces from 2018, when the underground operation will make it fully functional. Bristow noted that Kibali ended 2016 with a creditable performance after having to contend with a range of operational challenges as well as the constraints imposed by limited open pit mining flexibility. In addition to dealing with these issues, the Kibali team succeeded in keeping the underground development on track, successfully constructing and commissioning four ultrafine grind mills in the metallurgy circuit, as well as progressing work on the mine's second new hydropower station which was commissioned in February this year. The third and last of the new hydropower stations is currently being built by an all-Congolese contracting group. "Kibali has stayed on course to become one of the world's great gold mines despite the challenges of last year and the volatile political climate in the DRC at present," he said. "Randgold remains committed to the DRC and is confident that its government, politicians and civil society have the will as well as the capacity to work together to secure the country's future. We therefore continue to invest in exploration here and to lead the way in developing the north eastern DRC as a major new gold mining region. Our engagement with the country and its people is also evident in our substantial investment in local economic development and community upliftment programmes. These include macro and micro agribusinesses designed not only to provide regional food security but to generate surplus produce for export." Click on, or paste the following link into your web browser, to view the associated PDF document.


News Article | May 2, 2017
Site: www.marketwired.com

RANDGOLD RESOURCES LIMITED  Incorporated in Jersey, Channel Islands  Reg. No. 62686  LSE Trading Symbol: RRS  NASDAQ Trading Symbol: GOLD  ("Randgold Resources" or the "Company") Jersey, Channel Islands, 2 May 2017 - In accordance with DTR. 3.1, Randgold Resources notifies that, following approval by the shareholders at the Company's Annual General Meeting held earlier today, each non-executive director elected or re-elected at the Annual General Meeting (other than the chairman and senior independent director) was awarded 1 500 ordinary shares in the Company (Shares). The chairman, Mr Christopher Coleman, was awarded 2 500 Shares and the senior independent director, Mr Andrew Quinn, was awarded 2 000 Shares. The Shares will vest immediately and have been awarded as part of the non-executive directors' annual remuneration package, pursuant to the Company's remuneration policy. The non-executive directors of the Company elected and/or re-elected at the Annual General Meeting are Christopher Coleman, Andrew Quinn, Mrs Safiatou Ba-N'Daw, Mr Jamil Kassum, Mrs Olivia Kirtley, and Mrs Jeanine Mabunda Lioko.


News Article | April 18, 2017
Site: www.marketwired.com

KIBALI HEADS FOR FULL PRODUCTION AS UNDERGROUND MINE NEARS COMPLETION AND SECOND HYDROPOWER STATION IS COMMISSIONED Kinshasa, DRC, 18 April 2017 - The Kibali gold mine's underground operation, which will significantly increase production, is on track to start commissioning in the third quarter of this year, Randgold Resources chief executive Mark Bristow said at a media briefing here today. The mine is forecast to deliver approximately 610 000 ounces of gold this year, up from 585 000 ounces in 2016, but annual production is scheduled to rise to around 750 000 ounces from 2018, when the underground operation will make it fully functional. Bristow noted that Kibali ended 2016 with a creditable performance after having to contend with a range of operational challenges as well as the constraints imposed by limited open pit mining flexibility. In addition to dealing with these issues, the Kibali team succeeded in keeping the underground development on track, successfully constructing and commissioning four ultrafine grind mills in the metallurgy circuit, as well as progressing work on the mine's second new hydropower station which was commissioned in February this year. The third and last of the new hydropower stations is currently being built by an all-Congolese contracting group. "Kibali has stayed on course to become one of the world's great gold mines despite the challenges of last year and the volatile political climate in the DRC at present," he said. "Randgold remains committed to the DRC and is confident that its government, politicians and civil society have the will as well as the capacity to work together to secure the country's future. We therefore continue to invest in exploration here and to lead the way in developing the north eastern DRC as a major new gold mining region. Our engagement with the country and its people is also evident in our substantial investment in local economic development and community upliftment programmes. These include macro and micro agribusinesses designed not only to provide regional food security but to generate surplus produce for export." It was a source of concern, however, that the DRC government had once again signalled its intention of reviewing the country's 2002 mining code with the clear intention of maximising state revenue, Bristow said. This could have a very negative impact not only on the mining industry but also on the economy. "Now more than ever the DRC should be focused on retaining its existing investors and attracting new ones. It's certainly not the time to harvest more from less for short term gain. It's my sincere hope that this time round the government will engage the mining sector fully in the proposed review to achieve an outcome that will be in the best interests of the Congolese economy as well as the country's mining sector," he said. "The existing code is in fact a good one but it is not always being applied effectively and there are still many mining operations that do not operate under the code. There are also a number of issues and challenges which mining companies are having to face which make operating in the DRC more challenging. In Kibali's case, these issues include more than $200 million in unpaid TVA and duty refunds." ABOUT KIBALI: The Kibali gold mine is located in the northeast of the Democratic Republic of Congo (DRC ), approximately 300 kilometres to the east of Isiro, the capital of the Haut-Uele Province, 150 kilometres west of the Ugandan border town of Arua and 1 800 kilometres from the Kenyan port of Mombasa. Kibali and its associated mining permits is owned by Kibali Goldmines SA (Kibali) which is a joint venture company between Randgold (45%), AngloGold Ashanti Limited (45%) and SOKIMO (10%). First gold was poured in the third quarter of 2013 from open pit operations and underground operations are expected to be fully commissioned in Q3 2017. The mine was developed and is operated by Randgold. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934, and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, the realisation of mineral reserve estimates, the timing and amount of estimated future production, costs of production, reserve determination and reserve conversion rates. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'will', 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Assumptions upon which such forward-looking statements are based are in turn based on factors and events that are not within the control of Randgold Resources Limited ('Randgold') and there is no assurance they will prove to be correct. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Randgold to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to mining operations, including political risks and instability and risks related to international operations, actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, as well as those factors discussed in Randgold's filings with the US Securities and Exchange Commission (the 'SEC'). Although Randgold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Randgold does not undertake to update any forward-looking statements herein, except in accordance with applicable securities laws. CAUTIONARY NOTE TO US INVESTORS: The SEC permits companies, in their filings with the SEC, to disclose only proven and probable ore reserves. We use certain terms in this report, such as 'resources', that the SEC does not recognise and strictly prohibits us from including in our filings with the SEC. Investors are cautioned not to assume that all or any parts of our resources will ever be converted into reserves which qualify as 'proven and probable reserves' for the purposes of the SEC's Industry Guide number 7.


News Article | April 23, 2017
Site: www.marketwired.com

Tongon, Côte d'Ivoire, 23 April 2017 - A continuing review of its Nielle permit, which hosts the Tongon gold mine, has confirmed multiple opportunities for extending the life of the operation beyond the current four-year horizon, Randgold Resources chief executive Mark Bristow said at an on-site media briefing today. Near-mine targets with high resource potential were the prime focus of the exploration programme at Tongon, while elsewhere in Côte d'Ivoire Randgold was building a solid permit portfolio towards its next big discovery, in line with its belief that the country is one of West Africa's most prospective gold regions, he said. "Tongon was born in the midst of a political crisis in Côte d'Ivoire and has since had to overcome many challenges, of an external as well as an operational nature. The team has persevered, however, and ended 2016 with a gold production record for the fourth quarter of the year. Building on that base, with a strong emphasis on costs as well as maximising the benefits of its plant upgrades and expansion, Tongon is on track to achieve its production guidance of 285 000 ounces of gold for 2017," he said. Bristow noted that Randgold's engagement with Côte d'Ivoire dated back to its acquisition of the Nielle permit in 1996. The prefeasibility study on Tongon was completed in 2001 but plans to develop the mine had to be put on hold with the outbreak of civil war the following year. Randgold retained its confidence in the country's future, however, and resumed work on the project in 2007. The mine was commissioned in 2010 amidst another political upheaval. "The past year has again been a difficult one as Côte d'Ivoire met further challenges in its nation-building process. These included a wave of strikes and protest actions which impacted negatively on civil society, the economy and the mining industry. As evidenced by our continuing investment here, however, our belief in the country and in its people's ability to work through these difficulties remains unshaken," he said. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934, and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, the realisation of mineral reserve estimates, the timing and amount of estimated future production, costs of production, reserve determination and reserve conversion rates. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'will', 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Assumptions upon which such forward-looking statements are based are in turn based on factors and events that are not within the control of Randgold Resources Limited ('Randgold') and there is no assurance they will prove to be correct. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Randgold to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to mining operations, including political risks and instability and risks related to international operations, actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, as well as those factors discussed in Randgold's filings with the US Securities and Exchange Commission (the 'SEC'). Although Randgold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Randgold does not undertake to update any forward-looking statements herein, except in accordance with applicable securities laws. CAUTIONARY NOTE TO US INVESTORS: The SEC permits companies, in their filings with the SEC, to disclose only proven and probable ore reserves. We use certain terms in this release, such as 'resources', that the SEC does not recognise and strictly prohibits us from including in our filings with the SEC. Investors are cautioned not to assume that all or any parts of our resources will ever be converted into reserves which qualify as 'proven and probable reserves' for the purposes of the SEC's Industry Guide number 7.


News Article | May 10, 2017
Site: www.mining-journal.com

Amani Gold (AU:ANL) has attracted the attention of a Hong Kong investment vehicle willing to supply A$25 million (US$18.4 million) to move forward the Giro project in the Democratic Republic of the Congo's Moto greenstone belt. The non-binding memorandum of understanding will see Luck Winner Investment buy a mix of shares and options in the Australia-listed explorer. The shares will be issued at $0.05 apiece, 25% higher than the previous day’s closing price, with the options exercisable at $0.07 per share for two years. Luck Winner is a special purpose vehicle established by a Chinese group to invest in Giro. Two key shareholders, Yu Qiuming and Fu Sheng, have mining and development experience from copper and gold projects in China. Amani said the proceeds from the deal would be used for further infill drilling and metallurgical test work to generate prefeasibility and feasibility studies at the main Kebigada deposit. It should also fund social studies and key social initiatives to pave the way for development and follow up additional targets over the wider Giro project. The company, headed up by Moto Goldmines founder Klaus Eckhof, is also weighing up an aggressive exploration programme on the adjoining Tendao project. Amani has defined significant mineralisation over a strike length of 1.5km and a width of 350-400m at Kebigada. During this delineation, it has reported high-grade drill assays such as 21m grading 6.06g/t Au from surface (diamond drilling), 30.6m at 3g/t Au from 198.5m depth (diamond drilling), 97m averaging 2.56g/t Au from surface (RC) and 47m cutting 4.13g/t Au from 25m depth (RC). The company has also carried out preliminary metallurgical work showing recoveries of 91% for oxides and 90% for sulphides from carbon-in-leach processing. Giro lies 35km away from Randgold Resources (LN:RRS) and AngloGold Ashanti’s (SJ:ANG) jointly-owned Kibali gold project, which Eckhof’s Moto Goldmines previously discovered and sold. Should the deal complete, expected no later than May 25, Luck Winner would hold around 28% of Amani.


News Article | February 28, 2017
Site: www.marketwired.com

RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") Jersey, Channel Islands, 28 February 2017 - Randgold Resources announces that in accordance with the Disclosure and Transparency Rules, its issued share capital consists of 94 002 659 ordinary shares of $0.05 each. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of Randgold Resources. The Company holds 1 171 issued ordinary shares in Treasury. In addition, 61 681 ordinary shares are currently held on trust and do not confer voting rights. Therefore, the total number of voting rights in the Company is 93 939 807. The above figure can be used by shareholders (and others with notification obligations) as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to their interest in, Randgold Resources under the Disclosure and Transparency Rules.


News Article | February 28, 2017
Site: www.marketwired.com

RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") Jersey, Channel Islands, 28 February 2017 - Randgold Resources announces that in accordance with the Disclosure and Transparency Rules, its issued share capital consists of 94 002 659 ordinary shares of $0.05 each. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of Randgold Resources. The Company holds 1 171 issued ordinary shares in Treasury. In addition, 61 681 ordinary shares are currently held on trust and do not confer voting rights. Therefore, the total number of voting rights in the Company is 93 939 807. The above figure can be used by shareholders (and others with notification obligations) as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to their interest in, Randgold Resources under the Disclosure and Transparency Rules.

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