SAINT HELIER (dpa-AFX) - Randgold Resources Ltd (RRS.L, GOLD) said that Tongon gold mine is targeting annual production of 290,000 ounces in 2016 but there are still significant challenges in its way.
The chief executive Mark Bristow said Tongon was continuing to make headway in its drive to overcome technical issues, with gold production up 7% to 242 948 ounces in 2015 as the flotation upgrade and crushing circuit extension programme started delivering results.
Bristow noted that despite a high level of activity, Tongon was maintaining its excellent safety record, reaching 3.7 million lost-time injury-free hours in 2015. It had also retained its OHSAS 18001 and ISO 14001 certifications.
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