...but even despite recent challenges like slip sliding gold price the underlying key metrics at the company continue to shift in the right direction (including a record quarterly production and attractive cash costs).
I am tempted to summary conclude that the rest of the quarter as steady as she goes...but gold mining is not like that at all especially in West and Central Africa but it is testimony to the strength of the Randgold underlying local mine management teams (predominately African locals) that issues were relatively few and far between. To update two aspects I touched on in my last write-up the Loulo area mine in Mali continues to look very prospective for them...
...and I was pleased to see in Cote d'Ivorie that some of the issues around gold recovery rates are being sorted out.
For the London list - as I noted here at the start of the year - a sub £40 share price is a steal. If you want to own one gold stock then surely it has to be Randgold Resources.