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Randgold quartery a 'strong miss'

Randgold Resources (LN:RRS) managed a 32% increase to US$77.3 million in its September quarter results, but it was unable to meet analyst expectations following underperformance at Kibali.

Alex Hamer
Ups and downs: Kibali had a strong quarterly increase but this comes after a bad June quarter

Ups and downs: Kibali had a strong quarterly increase but this comes after a bad June quarter

Overall output picked up 6.6% quarter-on-quarter to 301,000oz, as Tongon (Ivory Coast) and Kibali (Democratic Republic of the Congo) produced more ounces.  Tongon saw a 41% increase on the last quarter...

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