RANDGOLD RESOURCES LTD | CIK:0001175580 | 3

  • Filed: 3/29/2018
  • Entity registrant name: RANDGOLD RESOURCES LTD (CIK: 0001175580)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1175580/000114420418017952/0001144204-18-017952-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1175580/000114420418017952/gold-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001175580
  • Open this page in separate window: Click

    • ifrs-full:DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedOtherEquityInstrumentsGrantedDuringPeriodExplanatory

    The key assumptions used in this model for shares awarded during the years ending December 31, 2017 and 2016 were as follows:
     
    $000
     
    Note
     
    March 2017
     
     
    March 2016
     
     
    March 2015
     
    Quantity of shares issued
     
     
     
     
     
    49,357
     
     
     
    44,664
     
     
     
    55,782
     
    Fair value of shares awarded
     
     
     
     
     
    $1.9 million
     
     
     
    $2.2 million
     
     
     
    $2.0 million
     
    Performance period
     
     
     
     
     
    4 years and a 1 year post vesting retention requirement
     
     
     
    4 years and a 1 year post vesting retention requirement
     
     
     
    4 years and a 1 year post vesting retention requirement
     
    Risk free interest rate
     
     
     
     
     
    1.90
    %
     
     
    1.01
    %
     
     
    1.45
    %
    Volatility
     
     
    14.1
     
     
    37
    %
     
     
    35
    %
     
     
    35
    %
    Euromoney Global Gold Index volatility
     
     
     
     
     
    37
    %
     
     
    35
    %
     
     
    35
    %
    Correlation used between the Euromoney Global Gold Index and the company TSR
     
     
     
     
     
    60
    %
     
     
    85
    %
     
     
    85
    %
    Weighted average share price on grant and valuation date
     
     
    14.2
     
    $
    87.41
     
     
    $
    88.50
     
     
    $
    67.41