A South African company has begun work on the Kibali mine in the DRC, set to be one of the biggest mines in Africa upon completion.
John Stratton is fighting his possible extradition to South Africa in connection with the murder of Brett Kebble.
Africa-focused gold miner Randgold Resources said profit roughly doubled in the first half from a year ago.
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/ 4 February 2008
Randgold Resources said 2007 net profit fell 10% as costs rose, but the African gold producer said on Monday that a buoyant gold price should boost this year’s earnings. ”On a before-tax basis at gold, we’ll get up to an 80% odd increase in our profits for the full year,” said chief executive Mark Bristow.