Rolls-Royce Holding PLC (LON:RRS) shares received a boost on Monday after Morgan Stanley upgraded its stance to ‘overweight’ from ‘equal weight’ and lifted its price target to 1,100p from 820p. Morgan ...
Randgold Resources updated the market on its Massawa gold project in Senegal on Tuesday, reporting that the feasibility study was nearing finalisation, with a development decision scheduled for the end of the year.
Auto Trader Group: Berenberg upgrades to hold with a target price of 365p.
Mining giant Randgold Resources' shares offered "a great buying opportunity" after falling on the back of its first-quarter results, Citigroup said as the miner was a quality stock with an attractive valuation.
Greggs: Berenberg downgrades to hold with a target price of 1,225p.
Shares in Randgold Resources fell 9% on Thursday as the company said first quarter profits fell 22% year on year to $66.5m as a result of lower production and increased costs.
Randgold said industrial disputes at its Tongon gold mine in Côte d'Ivoire would hit 2018 production guidance of 290,000 ounces although it was making efforts to recover lost output.
(WebFG News) - Mining industry representatives in the Democratic Republic of Congo said on Monday that they are "hopeful" that their current engagement with Civil Society, a member of the Mining Code Revision Tri-Partite group and other key interest groups, would contribute to a "better understanding" of certain issues that needed to be addressed before the country's new mining code was implemented.
Fresnillo: RBC Capital Markets upgrades to sector perform with a target price of 1,200p.
Randgold Resources said on Tuesday that intermittent industrial action by the workforce of its mining subcontractor was having "some" impact on operations at its Tongon gold mine.
Goldman Sachs' commodities analysts have turned positive on gold for the first time in five year, as the yellow metal's dislocation from US interest rates "is here to stay".
Randgold Resources: Canaccord upgrades to buy with a target price of 7,000p
Randgold Resources said the president of the Democratic Republic of Congo (DRC) has assured mining companies that questions about their operations under the country's new mining code would be resolved, but only after the new law had been signed off.
Tullow oil: Barclays downgrades to equal weight with a target price of 190p.
Analysts at HSBC upgraded their recommendation for shares of Randgold Resources on Thursday from 'hold' to 'buy', telling clients they expect the outfit to hike its payout by 50% in 2018 after the company reported record production and increased profits for its most recent trading year.
Rangold resources: HSBC upgrades to buy with a target price of 7,700p.
Analysts at Credit Suisse stuck by their 'neutral' recommendation on shares of Randgold Resources but expressed surprise at management's decision the day before regarding the size of its dividend payout and what that said about their willingness to return any excess capital to shareholders.
Randgold Resources said it had increased annual gold production by 5% to 1.315m ounces, ahead of its guidance, while cutting total cash cost by 3% to $620 an ounce.
Subsidiaries of Glencore, Randgold Resources and other mining companies operating in the Democratic Republic of Congo have asked lawmakers to rethink proposed new taxes and other measures.
Miners found a bid at the start of the week on the back of positive commentary out of analysts at Citi and the release of stronger-than-expected bank lending and credit figures in China.