{"id":13339,"date":"2012-08-09T14:19:32","date_gmt":"2012-08-09T12:19:32","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/update-2-randgold-shrugs-off-mali-unrest-to-deliver-record-output\/"},"modified":"2012-08-09T14:19:32","modified_gmt":"2012-08-09T12:19:32","slug":"update-2-randgold-shrugs-off-mali-unrest-to-deliver-record-output","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-randgold-shrugs-off-mali-unrest-to-deliver-record-output\/","title":{"rendered":"UPDATE 2-Randgold shrugs off Mali unrest to deliver record output"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Q2 production up 14 pct to 210,534 ounces<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Profit rises 10 pct to $142 mln<\/p>\n<p><span><\/span><\/p>\n<p>* Continues to see no impact from Mali unrest<\/p>\n<p><span><\/span><\/p>\n<p>* Sticks to 825,000-865,000 oz gold production target<\/p>\n<p><span><\/span><\/p>\n<p>* Shares up 2.7 pct<\/p>\n<p><span><\/span><\/p>\n<p>By Sarah Young<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Aug 9 (Reuters) &#8211; Miner Randgold Resources<br \/>\neased market worries over the impact of a coup in Mali, posting<br \/>\nrecord production from its key mine in the country, and higher<br \/>\ngroup profit, distinguishing itself in a sector hit by weaker<br \/>\nprices and rising costs.<\/p>\n<p><span><\/span><\/p>\n<p>The West-Africa focused gold producer grew output 14 percent<br \/>\nto 210,534 ounces in the three months to the end of June, above<br \/>\nsome analyst estimates and regardless of the ongoing unrest in<br \/>\nMali, where its flagship Loulo-Gounkoto mine is located and<br \/>\nwhere production soared to record highs.<\/p>\n<p><span><\/span><\/p>\n<p>Profits rose 10 percent to $142 million in the period,<br \/>\nbeating the $128 million it made last year, driven by the higher<br \/>\noutput and in spite of a 6 percent decrease in the average gold<br \/>\nprice the company received.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Q2 production up 14 pct to 210,534 ounces * Profit rises 10 pct to $142 mln * Continues to see no impact from Mali unrest * Sticks to 825,000-865,000 oz gold production target * Shares up 2.7 pct By Sarah Young LONDON, Aug 9 (Reuters) &#8211; Miner Randgold Resources eased market worries over the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-13339","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=13339"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13339\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}