Randgold’s chief executive, Island resident Mark Bristow, said that the company had made substantial progress at the Kibali gold mine development project in the Democratic Republic of Congo and Randgold’s flagship Loulo complex in Mali.
However, he said these gains were somewhat offset by grid power supply problems at the Tongon mine in Ivory Coast, and lower grades processed at Gounkoto in Mali.
As a result the third-quarter results did not match the record second-quarter performance. Mr Bristow described them as a ‘mixed bag’, but with the ‘good far outweighing the bad’.
Full story in Thursday’s JEP
