Rochester, NY 9/17/2009 7:42:11 PM
GOLD Randgold Resources Limited, Stocks up 0.32% on pre market rally
Randgold Resources Limited
Last Trade: 75.30
Trade Time: Sep 16
Change: Up 0.24 (0.32%)
Prev Close: 75.06
Open: N/A
Day's Range: N/A - N/A
52wk Range: 22.28 - 75.85
Volume: 29,826
Avg Vol (3m): 1,287,540
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ABOUT Randgold Resources Ltd.
Randgold Resources Ltd. is engaged in gold mining, exploration and related activities. Its activities are focused on West and East Africa. In Mali, it has an 80% controlling interest in the Loulo mine through Societe des Mines de Loulo S.A. The Loulo mine is mining from two open pits and one underground mine, and is developing a further underground mine. The Company also owns 50% of Morila Limited, which in turn owns 80% of Morila SA, the owner of the Morila mine in Mali. In addition, it owns an effective 84% controlling interest in the development-stage Tongon project located in Cote d’Ivoire. It owns an effective 83% controlling interest in the Massawa project in Senegal. It also has exploration permits and licenses covering substantial areas in Mali, Cote d’Ivoire, Burkina Faso, Ghana, Senegal and Tanzania. As of April 30, 2009, the Company declared proven and probable reserves of 8.87 million ounces attributable to its percentage ownership interests in Loulo, Morila and Tongon.
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