Randgold Resources (RRS)/Centamin (CEY) - Poor Q3 results from the former, with an improvement seen by the latter
Randgold’s Q3 results are poor and are lower than that recorded in Q2. Production fell 9% and total cash costs per ounce rose 17% as the Gounkoto super pit was pushed back while grades continued to decline at Loulo- Gounkoto; the tax rate was also a high 37.7%.Acacia Mining is a holding company. Through its subsidiaries, Co. is a gold producer in Tanzania. Co.'s primary business is the mining, processing and sale of gold. In addition, Co. produces copper and silver as a co-product. Co. has three operating mines located in Tanzania: North Mara gold mine; Bulyanhulu gold mine; and Buzwagi gold mine. Co. also has a portfolio of exploration projects located across Africa.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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