SOURCE: Randgold Resources

May 30, 2007 13:02 ET

Randgold Resources announces No water shortage at Loulo

Jersey, Channel Islands--(Marketwire - May 30, 2007) -

Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD


Bamako, Mali, 30 May 2007  -  London and Nasdaq listed gold miner Randgold
Resources said today its Loulo mine in Mali was not affected by the water
shortage which could soon force the suspension of processing operations at
Nevsun's Tabakoto mine.

General manager Amadou Konta says the Loulo mine has experienced no water supply
problems and does not foresee any.  "During the feasibility study we had
identified water supply as a critical risk factor and consequently installed
sufficient storage capacity to supply us through the dry season.  We have a
number of on-site storage facilities comprising the barrage on the Faleme River,
a separate dam on the Gara stream as well as return water from the tailings
facility.  Our estimate is that we have more than six months supply available to
us.  The main seasonal rains are expected to start in July, peaking in August,
and will replenish supply," he said


Chief Executive             Loulo General Manager    Investor & Media Relations
Dr Mark Bristow             Amadou Konta             Kathy du Plessis
+223 675 0122               +223 674 4831            +27 11 728 4701
+44 788 071 1386                                     Cell: +27 83 266 5847
+44 779 775 2288                           


DISCLAIMER: Statements made in this document with respect to Randgold Resources'
current plans, estimates, strategies and beliefs and other statements that are
not historical facts are forward-looking statements about the future performance
of Randgold Resources.  These statements are based on management's assumptions
and beliefs in light of the information currently available to it.  Randgold
Resources cautions you that a number of important risks and uncertainties could
cause actual results to differ materially from those discussed in the
forward-looking statements, and therefore you should not place undue reliance on
them.  The 2005 annual report notes that the financial statements do not reflect
any provisions or other adjustments that might arise from the claims and legal
process initiated by Loulo against MDM.  Other potential risks and uncertainties
include risks associated with: fluctuations in the market price of gold, gold
production at Morila, the development of Loulo and estimates of resources,
reserves and mine life.  For a discussion on such other risk factors refer to
the annual report on Form 20-F for the year ended 31 December 2005 which was
filed with the United States Securities and Exchange Commission (the 'SEC') on
29 June 2006.  Randgold Resources assumes no obligation to update information in
this release.  Cautionary note to US investors: the 'SEC' permits companies, in
their filings with the 'SEC', to disclose only proven and probable ore reserves.
  We use certain terms in this release, such as "resources", that the 'SEC' does
not recognise and strictly prohibits us from including in our filings with the '
SEC'.  Investors are cautioned not to assume that all or any parts of our
resources will ever be converted into reserves which qualify as 'proven and
probable reserves' for the purposes of the SEC's Industry Guide number 7.

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