Randgold Resources News

Shares of the following companies may have unusual moves in U.S. trading . Stock symbols are in parentheses, and prices are as of 8:45 a.m. Gold and mining companies advanced after the metal rose in London, heading for a ninth straight annual gain, on speculation climbing commodity prices and a weaker dollar will spur demand for the metal as a ...

The FTSE 100 index was 27.6 points down at 5,410.0. Shares in small-cap Cyan Holdings shed 0.05p to 1.93p after the semiconductor company's pre-close season trading update failed to excite investors.

On 31 October 2009, Randgold Resources Limited announced that, together with AngloGold Ashanti Limited , it had entered into an agreement for the acquisition of a further 20% interest in Kibali Goldmines s.p.r.l. from L'Office des Mines d'Or de Kilo-Moto for an aggregate consideration of approximately US$113.6 million .

The FTSE 100 bounced back today, after a near 2 per cent drop yesterday, driven by commodity focused stocks.

Randgold Resources' shareholders yesterday approved the acquisition of a further 20 percent interest in Kibali Goldmines.

Blogs Thursday, December 10, 2009 6:40 PM Bullish on gold despite recent pullback Shirley Won W hat are we looking for? This is the last day we look at stocks some of the pros have been buying for their mutual funds.

The company said, following an update of the existing estimates by Cube Consulting Pty Ltd , the indicated mineral resource was now 13.93 Moz which represents an increase of 23% over the previous indicated mineral resource of 11.29 Moz.

British shares climbed sharply Monday, ending a four-session losing streak, with metal stocks and banks scoring gains.

As a result of this transaction, based on publicly available information, Randgold will hold 20,000,000 Common Shares, representing approximately 27.3% of the issued and outstanding Common Shares, acquired pursuant to an asset acquisition exemption under applicable securities laws.

London shares rose on Monday, with the focus on metal stocks as gold rose to a fresh high and investors welcomed an update from platinum miner Lonmin.

There was some unhappy news for Babcock International last month when Network Rail told the engineering outsourcing company that it would not be renewing its railways contract.

Project pipeline extends from early exploration to fully-fledged cash generator, writes Jim Jones.

Few investors include gold in their portfolios. The idea of commodities as investments is challenging enough, but gold in particular seems to have little practical use.

MINING companies underpinned a return to strength for the FTSE 100 yesterday, as strong demand from China boosted sentiment.

European shares climbed on Wednesday, as miners received a lift from rising metal futures and results from E.On, Credit Agricole and J Sainsbury helped sentiment.

Looked at in isolation, the September quarter's operating and revenue figures might appear to indicate that Randgold Resources had stumbled.

The group said loan impairment charges declined from earlier in the year and were at their lowest quarterly level since the second quarter of 2008.

Auditing firm SAB&T is at the centre of a governance storm at beseiged micro-lender African Dawn, after an epic R450-million profit "error". African Dawn's shares fell 32% on the JSE last week, collapsing to 54c/share after the company's new board said it had uncovered possible "fraud" and "fundamental accounting errors" at African Dawn under the ...

December heralds the first anniversary of Randgold Resources' admission to the Footsie.

It's fun to root for the little guy, but it's hard to view the big picture through a microscope.