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To: LoneClone who wrote (9360)11/1/2007 10:21:43 AM
From: LoneClone  Read Replies (1) | Respond to of 192593
 
Randgold 3rd-quarter net off 9.5% on 12% higher gold sales
By Robert Daniel
Last Update: 6:13 AM ET Nov 1, 2007

marketwatch.com

TEL AVIV (MarketWatch) -- Randgold Resources Ltd., (GOLD:35.84, -0.10, -0.3%) (UK:RRS:1,725.00, +9.00, +0.5%) the London gold miner, reported third-quarter net income fell 9.5% on 12% higher gold sales. Earnings were $11.5 million against $12.7 million in the year-earlier period. Pretax profit was flat at $18.3 million. Gold sales reached $70.7 million from $63.2 million. The company produced 110,247 ounces of gold in the period, up 3% from 107,002 ounces a year earlier. The total cash cost per ounce produced was $346, up 14% from $304 a year earlier.