SOURCE: Randgold Resources Ld

September 13, 2012 15:32 ET

CORRECTION - Community Sees Kibali Progress

JERSEY, CHANNEL ISLANDS--(Marketwire - Sep 13, 2012) -

Randgold Resources Limited announces that the following amendment has
been made to the COMMUNITY SEES KIBALI PROGRESS announcement released
on 13 September 2012.

A correction has been made to 6 million ounces per annum in the last
paragraph. All other details remain unchanged.


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

COMMUNITY SEES KIBALI PROGRESS

Kinshasa, Democratic Republic of Congo, 13 September 2012 - Randgold
Resources held an open day today at the giant Kibali gold project to
update community leaders, including religious leaders, businessmen and
local administrators, on the progress that has been made with
development of the mine, which remains on track for first gold
production towards the end of 2013.

Mark Bristow, chief executive of project developer and 45% shareholder
Randgold Resources, said the open day was organised in line with the
company's philosophy of active and transparent engagement with the
community.

The event was used to update attendees on the overall development, the
current status of the relocation action plan, which involves the
resettlement of some 14 villages to the new model town of Kokiza, the
job creation potential and business opportunities that will be created
and other community projects currently being developed. Kokiza will
ultimately accommodate 3800 families, and construction of all their
homes, as well as a civic infrastructure which will include schools,
clinics, shops and churches, is progressing rapidly.

Senior management also used the day as an opportunity to address
queries from delegates and to share with them the challenges
encountered, which Bristow said had been overcome in large measure
because of the support and cooperation Randgold had received from the
community and the authorities. Bristow said Kibali was a national
asset, of which the DRC government owns 10%, and encouraged the
community to take full advantage of the many economic opportunities it
will generate.

The completed Kibali operation will comprise an integrated underground
and open pit mine, a twin-circuit sulphide and oxide plant with a
designed throughput of 6 million tonnes per annum and four
self-constructed hydropower stations as well as a standby high-speed
thermal power generator for back-up during the dry season.

Click on, or paste the following link into your web browser, to view
the associated PDF document.

 http://www.rns-pdf.londonstockexchange.com/rns/2533M_1-2012-9-13.pdf 

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

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