JERSEY, CHANNEL ISLANDS--(Marketwire - Apr 18, 2011) -
RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD PREDEVELOPMENT PROGRESS PAVES WAY FOR MID-YEAR MINE CONSTRUCTION START AT KIBALI Kibali, Democratic Republic of Congo, 18 April 2011 - Rapid progress on the predevelopment phase of the giant Kibali gold project is paving the way for the targeted mid-year start of mine construction. A key element of this phase is the relocation action programme (RAP), in terms of which some 15 000 people will move from the mine site into purpose-built housing in the new model village of Kokiza nearby. Construction of the 3 700 houses needed at Kokiza started in February and families are being offered a choice of four types, each on a 600m2 stand. Also planned for Kokiza are the construction of a commercial centre, a Roman Catholic Church, preparatory and secondary schools, and a hospital. The implementation of the RAP is supervised by a resettlement working group, made up of elected representatives of the 14 affected villages, the area's tribal and local authorities, and the central government's territorial administrator. It is expected that the first of the 14 villages will be relocated towards the end of the second quarter this year. The RAP construction programme has been a significant job creator for the local community, and there are currently more than 820 Congolese employed on the project. Of these, less than 5% are semi-skilled, which means that in addition to being gainfully employed, the rest are receiving valuable on-the-job training. Wherever possible, materials such as aggregates and timber are being purchased locally. ENQUIRIES: Mark Bristow Willem Jacobs Kibali chairman & Randgold CEO Randgold GM operations Central & E+223 6675 0122/+44 788 071 1386 Africa +27 72 614 4053/+27 82 905 6797 Louis Watum Kathy du Plessis GM Kibali Goldmines Randgold investor & media relations +243 994 035 464/+256 782 239 +44 20 7557 7738 767 randgoldresources@dpapr.com Website: www.randgoldresources.com Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/1175F_1-2011-4-18.pdf This information is provided by RNS The company news service from the London Stock Exchange END
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