JERSEY, CHANNEL ISLANDS--(Marketwire - December 22, 2009) - On 31 October 2009, Randgold
Resources Limited announced that, together with AngloGold Ashanti Limited
("AngloGold"), it had entered into an agreement ("Sale and Purchase
Agreement") for the acquisition of a further 20% interest in Kibali
Goldmines s.p.r.l. ("Kibali Goldmines") from L'Office des Mines d'Or de
Kilo-Moto ("OKIMO") for an aggregate consideration of approximately
US$113.6 million (the "Kibali Acquisition").
Randgold is pleased to announce that following satisfaction of the
conditions to the Sale and Purchase Agreement, the Kibali Acquisition has
now closed. Randgold and AngloGold now together hold a 90% joint venture
interest in Kibali Goldmines through Kibali (Jersey) Limited (both directly
and indirectly) (45% attributable to Randgold) with OKIMO holding the
remaining 10% interest.
Website:
www.randgoldresources.com
HSBC Bank plc, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting exclusively for Randgold and
AngloGold and no one else in connection with the Kibali Acquisition and
will not be responsible to anyone other than Randgold and AngloGold for
providing the protections afforded to clients of HSBC, nor for providing
advice in relation to the Kibali Acquisition, the contents of this
announcement or any other matter referred to herein.
Click on, or paste the following link into your web browser, to view the
associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/5591E_1-2009-12-22.pdf
RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD
("Randgold" or the "Company")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
Contact Information: ENQUIRIES
Chief Executive
Dr Mark Bristow
+44 788 071 1386
+44 779 775 2288
Financial Director
Graham Shuttleworth
+44 1534 735 333
+44 779 614 4438
Investor & Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: