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Company News

Randgold Resources says Q3 profit jumps helped by lower costs

LONDON, Nov 6 (Reuters) - Randgold Resources said on Tuesday third-quarter profit rose 25 percent on the previous quarter helped by lower costs a day before its shareholders vote on a $6.1 billion tie-up with Barrick Gold.

The London-listed miner said profit for the period reached $73.2 million while cash costs fell 18 percent versus the previous quarter to $181.6 million.

Reporting by Zandi Shabalala; editing by Jason Neely

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