|Bid||82.26 x 200|
|Ask||82.32 x 100|
|Day's Range||81.78 - 82.73|
|52 Week Range||79.17 - 108.29|
|PE Ratio (TTM)||28.16|
|Forward Dividend & Yield||2.00 (2.40%)|
|1y Target Est||N/A|
Jim Cramer issues a reality check on the state of trade in the U.S. and explains why it’s been on the receiving end of a trade war for a long time.
Jim Cramer catches up with Randgold co-founder and CEO Mark Bristow about his newest gold-mining locations and the rise of cryptocurrencies.
Going long gold is not a no-brainer move despite the return of stock market uncertainty. Here is what the charts are saying.
The miners said in a joint statement that a team representing the companies had arrived in Kinshasa and would begin detailed talks soon with the government on implementation of the new rules signed into law last Friday by DRC President Joseph Kabila. International mining companies including Glencore, Randgold, Ivanhoe Mines, MMG and China Molybdenum have vigorously opposed the new law.
Are Upcoming Interest Rate Hikes Already Priced into Gold? Mining stocks are known to have a strong correlation with gold, as gold is the most crucial of all the four precious metals. For our correlation analysis, we’ll look at Randgold Resources (GOLD), Yamana Gold (AUY), Coeur Mining (CDE), and Barrick Gold (ABX). Mining-based funds also have a high correlation with precious metals.
Mines run by Glencore, Randgold Resources and three other international companies have quit the Democratic Republic of Congo's chamber of commerce, saying the industry body does not adequately represent their interests after the introduction of a new mining law. The miners said in a joint statement that a team representing the companies had arrived in Kinshasa and would begin detailed talks soon with the government on implementation of the new rules signed into law last Friday by DRC President Joseph Kabila. International mining companies including Glencore, Randgold, Ivanhoe Mines, MMG and China Molybdenum have vigorously opposed the new law.
If you are interested in cashing in on Randgold Resources Limited’s (LSE:RRS) upcoming dividend of $2 per share, you only have 7 days left to buy the shares before itsRead More...
Congo is set to ratify a new mining code over the objections of big resource companies, allowing the country to make more money from its natural riches but also potentially making smartphones and electric ...
Congolese President Joseph Kabila will sign off on changes to the country’s mining code but left the door open to further talks after a lengthy meeting with senior industry executives who oppose the legal ...
As the new chairman of the Federal Reserve, Jerome Powell’s recent testimony also showed the Fed’s positivity about the economy’s outlook. The US dollar declined after President Donald Trump indicated that he wanted tariffs on imported steel and aluminum products. The US Dollar Index averaged 96.6 in 2017.
Ivory Coast President Alassane Ouattara replaced the industry and mines minister on Thursday, naming Trade Minister Souleymane Diarrassouba to fill the position on an interim basis. Diarrassouba replaces Jean-Claude Brou, who had served as industry minister since 2012 and added the mining portfolio the following year. Brou is leaving the government to become president of the commission of regional bloc ECOWAS.
In December 2017, Randgold Resources Limited (NASDAQ:GOLD) released its latest earnings announcement, which suggested that the company gained from a strong tailwind, eventuating to a double-digit earnings growth of 12.34%.Read More...
Mining stocks tend to take their cues from gold price movement. Mining-based funds have a high correlation with precious metals. The VanEck Vectors Gold Miners ETF (GDX) and the Sprott Gold Miners (SGDM) rose 1.1% and 0.52%, respectively, on Friday, February 23.
African miner Randgold Resources (RRS.L) is looking to make its first acquisition outside its home continent in North and South America to diversify its portfolio of assets, its chief executive Mark Bristow told Reuters. The London-listed miner has invested throughout the commodity price downturn, generated cash and steadily increased dividends while rivals have been struggling with big debts taken on to fund acquisitions and expansion. Flush with cash, Randgold is on the hunt for gold mines outside Africa.
Glencore Plc and Randgold Resources Ltd. are among major mining companies in the Democratic Republic of Congo clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly ...