The Barrick / Rangold Loulo-Gounkoto complex in Mali posted a fourth consecutive quarterly improvement in gold production, despite an illegal work stoppage.
Randgold Resources’ Loulo-Gounkoto gold mining complex in Mali is stepping up production following the start of the pushback at Gounkoto’s new super pit with increased grades expected in the third and fourth quarter of the year.
Barrick Gold and Randgold Resources have announced they have reached agreement on a share-for-share merger of Barrick and Randgold.
Operations at Tongon gold mine returned to normal today after management lifted the lock-out imposed on workers after a protracted illegal strike.
The Malian government has agreed to grant Randgold Resources’ Gounkoto mine a 50% corporate tax reduction for the next four years.