Commodities Buzz: Randgold Reports Disruption In Production At Tongon Mine

FTSE 100-listed miner Randgold Resources Ltd said on Tuesday operations at its Tongon mine have been disrupted by industrial action. Randgold said the mining subcontractor at Ivory Coasts Tongon is negotiating with workers, while Randgold is working with local and national authorities for a solution. Tongon is not meeting forecast production, Randgold said, though it expects it to get back to full capacity to try and recover lost output. Overall group production guidance for 2018 remains unchanged.