Randgold & Exploration Company Limited provided earnings guidance for the year ended December 31, 2015. For the year, the company reported earnings per share for the year ended 31 December 2015 is expected to be 6.92 cents per share, being a decrease of 96.37%. Headline earnings per share are expected to be 1.4 cents per share, being a decrease of 99.27%.

The reason for the material decrease in earnings and headline earnings per share in the current financial period is due to the settlement agreement concluded with PricewaterhouseCoopers in the 2014 financial period for the amount of ZAR 150 million received by the company.