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Kibali prepares for full production

By:  
Creamer Media Senior Deputy Editor
 
GOLD
Following the successful commissioning of the integrated automated ore handling and hoisting system of the underground operation at Kibali, in the Democratic Republic of the Congo, Randgold Resources is preparing to bring the mine into full production this year. In an update to shareholders on Tuesday, CEO Mark Bristow said 700 000 oz of gold would be produced this year, some eight years and $2.5-billion in capital expenditure later.
 
 
 
 
 

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