Randgold profit surges on gold price

City A.M. Reporter
MINER Randgold Resources posted a jump in profits, fuelled by soaring gold prices.

The FTSE 100 company posted a profit before income tax and financing activities of $136m (£84m), up from $113.7m in 2009.

Gold sales were $487.67m, against $434m before.

In a statement Randgold said it "forged ahead" in what had been a tough year.