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Randgold Resources Limited · St. Helier, Jersey Channel Islands ·(London: RRS)(NASDAQ (GS): GOLD)

Company Description

La Motte Chambers, La Motte Street
St. Helier, Jersey
JE1 1-BJ
Channel Islands (Map)
Phone: +44-1534-735-333
Fax: +44-1534-735-444
Rankings
  • FTSE 100
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Randgold Resources hopes its Morila mine is a golden gorilla. The exploration and mining company's chief asset is its stake in the Morila Limited gold mine located in Mali. Morila is a joint venture with AngloGold Ashanti. Randgold Resources has holdings in projects in Mali (the Loulo operation, which began production in 2005) and Côte d'Ivoire (the Tongon operation). It also has exploration projects in Senegal, Burkina Faso, Ghana, and Tanzania. The company has proved and probable reserves of about 7.8 million ounces of gold. Randgold Resources was spun off from Randgold & Exploration in 1995 and in 2006 Randgold & Exploration sold its remaining holding in the company. To read the full description, subscribe now.
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Key Randgold Resources Limited Financials

Company TypePublic - London: RRS - NASDAQ (GS): GOLD

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$338.6
2008 Employees1,426

Randgold Resources Limited Executives

25 executives listed for Randgold Resources Limited's St. Helier, Jersey location.
TitleName & BioContact
ChairmanPhilippe LiétardNetwork
CEO and DirectorD. Mark BristowNetwork
Operations ManagerLuiz CorreiaNetwork

Competition

Competitive Landscape for Randgold Resources Limited
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.
Top Randgold Resources Limited Competitors
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