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/ 29 November 2007
African gold producer Randgold Resources priced its offering of six million shares at ,25 per share on Thursday, resulting in gross proceeds of ,5-million. The offering price represents a 3,2% discount to the closing price of Randgold’s United States listed shares on Wednesday of ,42.
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/ 23 October 2007
Responsible mining is capable of creating general economic welfare for its host communities in Africa which could long survive the mines themselves, Randgold Resources chief executive Mark Bristow said on Monday. Bristow said the utilisation of natural resources was often the best and sometimes the only way of alleviating the pressing problem of poverty.
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/ 26 September 2007
The head of African miner Randgold Resources on Tuesday said net profit in its third and fourth quarters should be in line with the first-quarter level, citing higher bullion prices. Randgold, whose gold mines are mostly based in West Africa, posted first-quarter net profit of ,7-million.