Randgold & Exploration Company Limited provided earnings guidance for the six months ended June 30, 2016. The financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period. The company announced that a reasonable degree of certainty exists that the Company expects to report a loss and headline loss per share of between 8.62 cents and 8.72 cents for the six months ended 30 June 2016 compared to an earnings and headline earnings per share of 0.47 cents for the six months ended 30 June 2015, being a decrease of between 1,935% and 1,955%. The decrease in headline earnings amounts to approximately ZAR 6 million, as a result of minimal recoveries during the current reporting period and an increase in expenditure, partly offset by increased interest received.