- Randgold Resources (GOLD +2.3%) CEO Mark Bristow says the Kibali gold mine in Zaire is now well advanced into the second and final phase which will take it to full production by 2018.
- With the final commissioning of the metallurgical plant and the first of three hydropower plants, Kibali is operating at design with the ramp-up having delivered against plan, the CEO says.
- GOLD is developing and operating the mine, which it owns in partnership with AngloGold Ashanti (AU +5.9%) and a Congolese state-run firm.