Gold – Randgold Resources (NASDAQ:GOLD) announced that they intend to cut spending and are changing the mining plan at their Loulo-Gounkoto project in the wake of weak Q1 performance and falling gold prices. As quoted in the press release: The company says it reacted promptly to the recent drop in the gold price, and has reviewed all its operations [...]
Gold – RandGold Resources (NASDAQ:GOLD) reported that they expect to be able to deliver the first bar of gold from their Kibali gold project in the DRC later this year, and that the project is on track to produce value for shareholders.
Gold – There was little movement in the gold price this week as investors remained focused on US lawmakers' negotiations to avoid the "fiscal cliff."
Gold – Rangold Resources (NASDAQ:GOLD) announced that production had been hampered at its Tongon gold mine in Cote d'Ivoire due to a fire in the mill section.
Gold – Mineweb reported that Randgold Resources Ltd.'s (LSE:RRS,NASDAQ:GOLD) Mali-based Gounkoto mine, the fourth that the company has in that country, is now officially open.
Gold – Bloomberg reported that Randgold (NASDAQ:GOLD) said although political instability in Mali will likely continue, the company's gold output shouldn't be affected.
Gold – CNBC News reported that though share prices were down, Randgold (NASDAQ:GOLD) was maintaining normal operations at its Mali mine.
Gold – Bloomberg reported that increased gold output in Mali and Ivory Coast may mean that Randgold's (NASDAQ:GOLD) production will increase significantly.
Gold – Bloomberg reported that Randgold (NASDAQ:GOLD) is planning early commissioning of a gold processing plant in the DRC.
Gold – Recognizing the high quality of international gold knowledge and global investing pedigree that is available, this week’s profile has turned its focus to the British based BlackRock World Gold Fund (MUTF:BWGAX). Since its inception date of December of 1994, the fund has achieved numerous awards globally for its performance.
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