Randgold 2012 Profit up 16 Percent

Precious Metals

Mining Weekly reported that Randgold’s profits rose by 16 percent in 2012, while production increased as well.

Mining Weekly reported that Randgold’s profits rose by 16 percent in 2012, while production increased as well.

As quoted in the market report:

Meanwhile, gold output for 2012 increased to 794 844 oz, compared with the 696 023 oz of gold produced the year before, as the company’s flagship Loulo-Gounkoto complex, in Mali, produced over half-a-million ounces for the period – exceeding its production target.

To view the whole Mining Weekly report, click here. 

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