Randgold Resources Share Discussion Threads

[christh] 27/7/2017 08:54

chance to get £71.50 as mometnum is strong, gold is turned the corner heading upwards.

Rangold has increased production and all the mines have raised output.

£80 I will be happy.

[chinese investor] 27/7/2017 07:42

I sense we're gonna have a good day !

[bonio10000] 27/7/2017 06:27

Well - the $ and US interest rates are certainly panning out as predicted.

Although I assume nobody is reading this thread anymore.

[christh] 26/7/2017 21:08

Gold price up

$1260.47 +13.29 (1.05%) High: 1262.57 Low: 1244.2

We should see a jump to £71 tomorrow to reflect the 1.05% rise.

[christh] 26/7/2017 19:50

Randgold Resources Ld Mali Mines power ahead
26/07/2017 6:00pm
UK Regulatory (RNS & others)
MALI MINES POWER AHEAD AND NEW PROJECT SECURES PRODUCTION PROFILE

Chief executive Mark Bristow said "ongoing exploration success within the Loulo and Gounkoto permits had enabled it to replace all the gold depleted by mining last year and was continuing to deliver additional reserves and resources.

Preparation work was also underway on the Gounkoto super pit, which would further strengthen the complex's position as a long-life producer with an annual output of at least 600,000 ounces".

You heard it from the horses' mouth.
Production is up in all mines and has reproduced all the gold and more that was sold last year.

Definetely the dividend will be lifted as profits have increased.

It has to be at least £77-£85 not the measly £69 current price.

At the begining of June was £76, so keep hold of your shares.

The results are next week and surely will lift the price and do it justice.
Most likely to get to £77-£80.

[chinese investor] 26/7/2017 18:04

"Randgold Resources' operations in Mali are continuing to deliver a robust performance and the company's recent decision to proceed with the development of a super pit at Loulo-Gounkoto underpins the group's commitment to the country's mining industry, chief executive Mark Bristow said today."

[christh] 26/7/2017 10:51

DATE.......... UNDERLYING TECHNICAL ANALYSIS
26 July 2017...FTSE 100 The bullish signals are intact
26 July 2017...DAX 30 Under these resistances, a consolidation is likely
26 July 2017...WTI Crude OIL The movement remains bullish
26 July 2017...GOLD The bullish signals are intact
26 July 2017...EUR - USD Risk of correction under the resistances

[chinese investor] 24/7/2017 21:27

christh,
less is more in my experience !

[christh] 24/7/2017 13:55

Last updated: Jul 24, 2017 8:49 ET

Gold Now $1258.72 +4.24

[christh] 24/7/2017 13:34

Possible rally, with $1263.60 the next upside target.

[christh] 24/7/2017 13:22

Gold steady as US political woes keep dollar in check
17 min ago

London (July 24) Gold prices were steady after hitting a four-week high on Monday, supported by political uncertainty in the United States and as the dollar remained near its lowest in 13 months.

Doubts over the passage of U.S. President Donald Trump's stimulus and tax reform agendas continued to weigh on the dollar, although it rose a touch on Monday.

A weaker greenback makes dollar-denominated gold less expensive for holders of other currencies, while the metal is also used as an alternative investment during times of political and financial uncertainty.

"I think people are getting more nervous and careful about what is going to happen (in terms of the controversies surrounding the administration of U.S. President Donald Trump)," said Yuichi Ikemizu, Tokyo
branch manager at ICBC Standard Bank.


"The market is expected to be quiet heading into the summer holidays in Asia, but if it moves at all, it'll move to the upside rather than the downside."

[christh] 24/7/2017 11:09

Gold recovered to $1257 per ounce.

Last updated: Jul 24, 2017 6:04 ET

$1257.66 +3.17 (0.25%) High: 1257.66 Low: 1252.16



Offers are intensifying into $1260 (major 61.8% retracement on June – July decline).

An eventual political jam due to Trump investigations could revive the safe haven demand and push the price of an ounce higher, regardless of the macroeconomic developments.

[christh] 24/7/2017 11:07

Gold recovered to $1257 per ounce.

Last updated: Jul 24, 2017 6:04 ET

$1257.66 +3.17 (0.25%) High: 1257.66 Low: 1252.16



Offers are intensifying into $1’260 (major 61.8% retracement on June – July decline).

An eventual political jam due to Trump investigations could revive the safe haven demand and push the price of an ounce higher, regardless of the macroeconomic developments.

[stewart64] 24/7/2017 10:23

The Market appears to be punishing all stocks regardless. Rand has a habit of sudden jumps once the trend is confirmed, so may buck the general Market later.

Gold has only been trading at over $1256 for probably 5 or 6 weeks this calendar year and never has Rand had such a low price tag when it has.

[christh] 24/7/2017 10:14

WOW.............
UP again now $1256.34 +1.85 (0.15%) High: 1256.34 Low: 1252.16

heading to $1260

link to monitor price.



Rangold is very undervalued now, £73 should be the right price!

Do not miss the opportunity, BUY now.

[christh] 24/7/2017 10:06

WOW.............
UP again now $1256.34 +1.85 (0.15%) High: 1256.34 Low: 1252.16

heading to $1260

link above to monitor price.

Rangold is very undervalued now, £73 should be the right price!

Do not miss the opportunity, BUY now.

[christh] 24/7/2017 09:44

Gold is still up at $1254.43 per oz

[christh] 24/7/2017 09:37

Gold is up by $10 since last week, yet the price of Rangold has not catch up.

last weel was $1244 and now is $1254 per ounce.

It should catch up.
Rangold price should be £73.
Lets see if the market wakes up and smell the coffee.

The gold mine Tongon in Ivory coast has increased production which means the output
and production much higher (see todays RNS).

Results not far away, 3 August...

[christh] 24/7/2017 09:30

Randgold resources
Operations key info

Randgold has built, financed and operates 5 gold mines in Africa - Loulo, Gounkoto and Morila in Mali. Tongon in Côte d’Ivoire and Kibali in the DRC.
The company also has a major project at Massawa in Senegal and a portfolio of exploration projects in the most prospective gold belts of West and Central Africa.
TARGETED FOR 2017:

Group consolidated production: 1.25Moz - 1.30Moz
Total cash cost of production: $580/oz - $630/oz
Capital expenditure: $300 million
------------------------------------------------------------------------
LOULO Country: Mali

As at end 31 December 2016:

Ownership 80%
Production 419 801oz
Total cash costs $551/oz
Total reserves 5.3Moz
Total resources 9.8Moz


GOUNKOTO Country: Mali

As at end 31 December 2016:

Ownership 80%
Production 287 315oz
Total cash costs $581/oz
Total reserves 3.1Moz
Total resources 4.3Moz



MORILA Country: Mali

As at end 31 December 2016:
Ownership 40%
Production 54 022oz
Total cash costs $1 113/oz
Total reserves 0.3Moz
Total resources 0.4Moz

TONGON Country: Côte d’Ivoire

As at end 31 December 2016:
Ownership 89.7%
Production 260 556oz
Total cash costs $771/oz
Total reserves 1.5Moz
Total resources 3.0Moz

------------------------------------------
KIBALI Country DRC

As at end 31 December 2016:
Ownership 45%
Production 585 946oz
Total cash costs $736/oz
Total reserves 9.2Moz
Total resources 17.4Moz

-----------------------------------------

MASSAWA Country: Senegal

As at end 31 December 2016:

Ownership 83.3%
Total reserves 2.6Moz
Total resources 4.4Moz

[christh] 24/7/2017 08:58

Report this morning
-------------------------
Oil prices held around a one-week low ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya.

Gold prices touched their highest in 4 weeks, supported by political uncertainty in the United States that pushed the dollar to its lowest in over a year.

[christh] 24/7/2017 08:51

bonio10000,
sod off.
Ignorant bum.Go and jump of the cliff, idiot.

you Can not even read.