Africa-focused gold producer Randgold Resources said Tuesday it has replaced 100% of the 707 116 oz gold it produced in 2016 at the Mali-based Loulo-Gounkoto complex through ongoing exploration, placing the operation on track to meet 2017 production guidance of 690 000 oz gold, despite some industrial action in the first quarter.
The complex’s resource profile was bolstered by extensions at Gara, within the Loulo lease, and the approval of the Gounkoto superpit, CEO Mark Bristow said in a statement.
