Randgold Resources raised to ``buy'' from ``hold'' at Citigroup
Randgold Resources Ltd., an owner of gold mines in West Africa, was raised to ``buy'' from ``hold'' by Citigroup Inc. on expectations it will double production in three years.
Randgold Resources maintained its focus on sustainable profitability based on continued value creation in 2008 to deliver another strong performance, according to the annual report published today.