Randgold Sees 2012 Gold Production Rising as Much as 22%

Bloomberg reported that increased gold output in Mali and Ivory Coast may mean that Randgold’s (NASDAQ:GOLD) production will increase significantly.

As quoted in the market news:

Output may jump to 850,000 ounces to 900,000 ounces in 2012 from a target of 740,000 ounces to 760,000 ounces this year, Chief Executive Officer Mark Bristow said today in an interview in London.

Click here to read the full Bloomberg report.