[miningmx.com] — Randgold & Exploration Company said on Wednesday that earnings per share for the six months ended June 2010 will be between 1 050c and 1 105c per share greater than the comparative unaudited earnings per share of 1c per share for the six months ended June 2009.
Headline earnings per share will exceed the unaudited HEPS of 1c per share for the prior corresponding period by between 1 068c and 1 124c per share.
Key elements of the increased revenue relate to the receipts of settlement Gold Fields shares and JCI shares from JCI in terms of the settlement concluded between R&E, JCI and JCI Investment Finance, as well as the litigation settlement agreement, the company said.
The company’s results for are expected to be published on or about 1 August.