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BRIEF-Gold miner Randgold Resources posts flat Q2 profit

Published 2016-08-04, 02:39 a/m
© Reuters.  BRIEF-Gold miner Randgold Resources posts flat Q2 profit
RRS
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Aug 4 (Reuters) - Randgold Resources Ltd RRS.L

* Flagship Loulo-Gounkoto complex ended quarter ahead of target

* Group production was down 4 pct quarter on quarter at 281 494oz

* Quarterly total cash cost per ounce rose 12 pct to $727/oz.

* Production and costs were hit in quarter to june by a long mill downtime at Tongon and Kibali plant's continuing transition

* Q2 profit from mining decreased by 4 pct to $150.6 million from previous quarter's $156.8 million, and was in line with year earlier Source text for Eikon: Further company coverage: RRS.L

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