Randgold Resources Limited. (GOLD, RRS.L) reported that its first-quarter profit before income tax declined to $85.37 million from $109.98 million in the year ago quarter.
Profit attributable to Owners of the parent was $69.65 million, down from $89.38 million in the prior year quarter. On a per share basis, profit slide to $0.75 from $0.96 last year.
Total revenues for the quarter grew to $284.69 million from $234.29 million in the prior year.
The prior year results have been restated to reflect adoption of IFRS 11 Joint Arrangements.
Gold sales for the quarter decreased by 19% from the previous quarter largely due to a 16% decrease in ounces sold following lower grades and recoveries achieved at the Loulo-Gounkoto complex during the quarter, as well as a result of the higher gold on hand which remained at period end.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.