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.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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