Loulo-Gounkoto still expanding – Randgold

Gold miner Randgold Resources’ Loulo-Gounkoto gold mining complex, in Mali, is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mines. Randgold CE Mark Bristow on Thursday told media in the country that the complex’s all-Malian management team had made a good start to this year, although production was expected to be lower than in the previous quarter on the back of forecast lower grades, which reflected the sequencing of mining lower-grade blocks at both Loulo and Gounkoto.