Investors in London- and New York-listed Randgold Resources punished the company's share price on news that its third-quarter results missed earnings and revenue expectations as a result of deferred sales and lower production, shaving 8.93% off its value on Nasdaq last week Randgold CEO Mark Bristow told Mining Weekly that the sterling performance of its flagship Loulo operation, in Mali, achieved in the period ended September 30, was offset by grid power supply problems at the Tongon mine, in Cote d'lvoire, and lower grades processed at Gounkoto, also in Mali.
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