Randgold & Exploration Company Limited provided earnings guidance for the six months ended 30 June 2018. The company expects to report a loss and headline loss per share of between 11.09 cents per share and 12.61 cents per share for the six months ended 30 June 2018 compared to a loss and headline loss per share of 15.13 cents for the six months ended 30 June 2017, being a decrease in the loss of between 16.7% and 26.7% per share. The reason for the decrease in the loss and headline loss per share in the current reporting period is mainly a result of a decrease in legal and consulting fees.