SOURCE: Randgold Resources Ld

October 04, 2011 11:10 ET

Kibali Maintains Target for Commissioning Q4 2013

JERSEY, CHANNEL ISLANDS--(Marketwire - Oct 4, 2011) -


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

The giant Kibali gold project is targeting to commission its gold processing facility in the fourth quarter of 2013, almost two years earlier than originally intended, Randgold Resources' chief executive Mark Bristow said here today. Randgold (LSE:RRS / Nasdaq:GOLD), which is developing the project and will operate the mine, owns 45% of Kibali with AngloGold Ashanti (JSE:ANG / NYSE:AU / ASX:AGG / LSE:AGD / GhSE:AGA/AAD) holding another 45% and the DRC parastatal SOKIMO 10%.

To view full announcement click on pdf link below http://www.rns-pdf.londonstockexchange.com/rns/5393P_1-2011-10-4.pdf


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

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Contact Information

  • ENQUIRIES:

    Mark Bristow
    Kibali chairman & Randgold
    Resources CEO
    +223 6675 0122/+44 788 071 1386

    Louis Watum
    GM Kibali Goldmines
    +243 994 035464/+256 782 239767


    Willem Jacobs
    Randgold GM operations Central & East Africa
    +27 72614 4053/+27 82905 6797

    Kathy du Plessis
    Randgold investor & media relations
    +44 20 7557 7738
    Email Contact


    Website:
    www.randgoldresources.com