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.
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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.