UPDATE 2-Randgold says "more ounces, lower costs" to offset weaker gold
August 07, 2013 at 06:26 AM EDT
LONDON, Aug 7 (Reuters) - African gold mining group Randgold Resources pledged on Wednesday to cut costs and raise production over the rest of the year to counter plunging bullion prices which triggered a 62-percent slump in second quarter profit.