Randgold Resources Limited - American Depositary Shares each represented by one (GOLD)
Frequently Asked Questions About Randgold Resources Limited - American Depositary Shares each represented by one (GOLD)
Does Randgold have any joint ventures?
Yes, Randgold Resources Limited has pursued joint ventures to enhance its exploration and development capabilities. For instance, it has partnered with other mining companies and local governments to share resources, minimize risks, and accelerate the development of various gold mining projects.
How does Randgold contribute to local communities?
Randgold Resources Limited actively engages with local communities where it operates, focusing on providing job opportunities, supporting education and health initiatives, and contributing to local infrastructure. The company believes in developing a positive relationship with communities to ensure mutual benefit and sustainable development.
How does Randgold ensure compliance with mining regulations?
Randgold Resources Limited is committed to adhering to all local and international mining regulations. The company maintains a compliance program that includes rigorous assessments, audits, and training to ensure that all operations meet legal requirements while promoting ethical business practices.
How does Randgold manage its exploration activities?
Randgold Resources Limited employs a systematic approach to its exploration activities, utilizing advanced technologies and geological analysis to identify prospective mining sites. The company focuses on regions with high potential for gold deposits and conducts thorough evaluations before developing any resources.
Is Randgold Resources Limited publicly traded?
Yes, Randgold Resources Limited is publicly traded on the New York Stock Exchange under the ticker symbol GOLD. The company also trades on the London Stock Exchange, allowing a broader base of investors to buy shares and participate in its growth.
What are Randgold's future growth plans?
Randgold Resources Limited aims for continuous growth through exploration for new gold deposits, optimizing its existing operations, and expanding its portfolio through potential acquisitions and joint ventures. The company is committed to maintaining a strong presence in Africa while integrating best practices in mining.
What are some of the challenges Randgold faces in the mining industry?
Randgold Resources Limited faces various challenges in the mining industry, including fluctuations in gold prices, regulatory changes, and geopolitical risks in the regions where it operates. Additionally, the company must navigate environmental concerns and community relations, which are crucial for gaining social license to operate.
What are the environmental policies of Randgold?
Randgold Resources Limited is committed to sustainable development and adheres to comprehensive environmental policies. The company strives to minimize its environmental impact through responsible mining practices, restoration of mined areas, and conservation of biodiversity, ensuring that mining activities foster positive environmental stewardship.
What does Randgold Resources Limited do?
Randgold Resources Limited is a gold mining company headquartered in Jersey, Channel Islands. The company is primarily engaged in the exploration, development, and production of gold from its mining operations in West Africa, particularly in countries such as Mali and the Democratic Republic of Congo. Randgold aims to facilitate sustainable mining practices while providing economic benefits to the communities in which it operates.
What financial performance indicators does Randgold focus on?
Randgold Resources Limited focuses on several financial performance indicators, including production costs per ounce, total gold production, cash flow generation, and net profit margins. These indicators help the company assess operational efficiency and profitability while guiding strategic decisions.
What is an American Depositary Share (ADS)?
An American Depositary Share (ADS) is a negotiable certificate issued by a U.S. bank representing a specified number of shares in a foreign company's stock. In the case of Randgold Resources Limited, each ADS represents one ordinary share of the company, allowing American investors to invest in the company without directly buying shares in a foreign market.
What is Randgold's approach to safety in mining operations?
Randgold Resources Limited prioritizes the safety of its employees and contractors by fostering a strong safety culture throughout its operations. The company implements comprehensive safety training programs and regularly evaluates and improves safety protocols to minimize accidents and ensure a safe working environment.
What is Randgold's sustainability strategy?
Randgold Resources Limited's sustainability strategy focuses on three core pillars: environmental stewardship, social responsibility, and economic development. The company aims to minimize environmental impacts, enhance community relationships, and generate economic opportunities while ensuring long-term profitability and shareholder value.
What major acquisition did Randgold Resources Limited complete?
In 2018, Randgold Resources Limited merged with Barrick Gold Corporation, resulting in a significant consolidation in the mining sector. The merger aimed to create a leading gold mining powerhouse by combining their respective strengths, operational efficiencies, and diversified portfolios.
What recent achievements has Randgold accomplished?
Randgold Resources Limited has achieved several milestones in recent years, including successful mine expansions, increased gold production, and lower production costs. The merger with Barrick Gold Corporation in 2018 further enhanced Randgold’s capabilities, expanding its footprint in the gold mining sector.
When was Randgold Resources Limited founded?
Randgold Resources Limited was founded in 1995 by Mark Bristow and a group of investors. Since its inception, the company has focused on exploring and developing gold mining opportunities in Africa, expanding its operations and establishing itself as a leading gold producer on the continent.
Where are Randgold's main operations located?
Randgold's primary operations are concentrated in West Africa, with key mining projects located in Mali, the Democratic Republic of Congo, and Côte d'Ivoire. The company has developed several successful gold mines, including the Loulo and Gounkoto mines in Mali and the Kibali mine in the DRC.
Who is the CEO of Randgold Resources Limited?
As of October 2023, the CEO of Randgold Resources Limited is Mark Bristow, one of the founders of the company. He has played a pivotal role in the company's growth and strategy, successfully leading Randgold to become one of Africa's foremost gold mining operators.
What is the current price of Randgold Resources Limited - American Depositary Shares each represented by one ?
The current price of Randgold Resources Limited - American Depositary Shares each represented by one is 19.38
When was Randgold Resources Limited - American Depositary Shares each represented by one last traded?
The last trade of Randgold Resources Limited - American Depositary Shares each represented by one was at 7:00 pm EDT on April 3rd, 2025
What is the market capitalization of Randgold Resources Limited - American Depositary Shares each represented by one ?
The market capitalization of Randgold Resources Limited - American Depositary Shares each represented by one is 938.54M
How many shares of Randgold Resources Limited - American Depositary Shares each represented by one are outstanding?
Randgold Resources Limited - American Depositary Shares each represented by one has 48.43M shares outstanding.