Net profit more than doubles to
US$41 million
Attributable
gold production up 54% at
total
cash cost of US$211/oz
Loulo, second
new mine opened in five years
Loulo underground
development scheduled
to start in 2006
Morila ends
year with strong performance
Resources added
at both operations
Exploration
expands opportunities
Balance sheet
strengthened following
successful equity raising
2005 highlights
*
Refer to
note 25: Notes to the consolidated financial statements
page 63.
31 Dec
31 Dec
US$000
2005
2004
Gold sales
151 502
73 330
Profit from
mining activity
*
82 759
35 850
Exploration
and corporate
expenditure
24 049
16 850
Depreciation
and amortisation
11 910
8
738
Net profit
40 887
18 793
Total assets
471 472
268 461
Shareholders'
equity
311 132
190 215
Market capitalisation
at
year end
Basic earnings
per share
0.62
0.32
Randgold
Resources Annual Report 2005 3