RSG 0.70% 70.5¢ resolute mining limited

randgold says no disruption

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    Hi guys, this is what Randgold had to say about the coup and production output.

    RSG should be a simmilar story imho.

    Enjoy the read

    jojo

    Randgold: Mali coup didn't affect gold output



    By Barbara Kollmeyer UK:RRS AU MADRID (MarketWatch) -- Mining group Randgold Resources Ltd. /quotes/zigman/349729 UK:RRS +0.10% said it welcomed news of a political settlement brokered in Mali, following last month's military coup. In a statement dated Monday, the company said disruptions following that coup had not affected its gold production in Mali. Over the weekend, the military junta announced it will reinstate the constitution, after Amadou Toumani Toure resigned, with an interim president announced to manage the country's return to democracy. Randgold owns and operates the Loulo/Gounkoto mine complex in Mali and also operates Morila, a joint venture with AngloGold Ashanti Ltd. /quotes/zigman/223116/quotes/nls/au AU -0.12% . Mark Bristow, Randgold's chief executive, said the group has operated without any disruption throughout the crisis. "Our production guidance for 2012 remains unchanged, although we have not completed our assessment of the impact this situation has had on costs. We will monitor the implementation of the political settlement by the relevant parties, and give
    the market a full update when we report our first quarter results on 3 May," he said


    http://www.marketwatch.com/story/randgold-mali-coup-didnt-affect-gold-output-2012-04-10?dist=markets
 
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