RANDGOLD Resources reported a 14% rise in first-quarter profit as it produced more gold during the period.
Randgold, which has gold mines in Ivory Coast, Mali and the Democratic Republic of Congo, said profit from mining activity for the quarter ended March 31 rose to $171.0m from $150.4m a year earlier.
Gold production rose to 283 763 ounces from 199 013 ounces a year earlier, while total cash costs per ounce fell 19%.