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News Breaks
12:57 EDTGOLD
theflyonthewall.com: Rangold Resources ups Tongon stake
Randgold Resources is to acquire a further 5% interest in the Tongon gold project in Cote d'Ivoire, raising its stake to 89%. Development of the Tongon mine is currently under way and it is scheduled to go into production in 4Q10. The company said today its subsidiary Randgold Resources Limited had entered into an agreement with New Mining Cote d'Ivoire SA to acquire the additional interest in Societe des Mines de Tongon SA, the owner of the project, for $10M in cash. Of this, $2M is payable on completion of the deal and the balance upon satisfaction of certain conditions subsequent. After completion NMCI will own 1% of Tongon with the government of Cote d'Ivoire holding the remaining 10%. :theflyonthewall.com



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February 8, 2010
05:33 EDTGOLD
theflyonthewall.com: Rangold Resources reports Q4 EPS 35c vs. consensus of 23c

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February 5, 2010
09:27 EDTGOLD
theflyonthewall.com: Pre-market top 5 losers
The following stocks were the top percentage losers before the open on solid volume of at least 50,000 shares, trading at over $10. PFWD (22.6%), AIXG (4.5%), CIEN (2%), GOLD (1.6%), GLW (1.3%). :theflyonthewall.com