SOURCE: Randgold Resources Ld

November 01, 2011 03:33 ET

Randgold Resources Ld: Appointment of independent non-executive director

JERSEY, CHANNEL ISLANDS--(Marketwire - Nov 1, 2011) -

Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD
("Randgold Resources" or the "company")


London, 1 November 2011 - Randgold Resources is pleased to announce
the appointment of Andrew J Quinn as an independent non-executive
director and a member of the audit committee with effect from 1
November 2011.

Mr Quinn, 57, will be retiring from the Wholesale Banking division of
CIBC, a leading North American financial institution. Since 1996 he
had been a managing director and head of mining investment banking in
Europe and Africa. He graduated in 1975 with a BSc (Hons) in Mineral
Exploitation (Mining Engineering) from Cardiff University, before
joining Anglo American's gold division in South Africa. Mr Quinn held
various management and technical positions in South Africa and
Australia, before joining Mining Journal as editor of its gold
publications in 1982 and subsequently, in 1984, entering the financial
services industry with James Capel (later HSBC Investment Banking),
thereafter joining CIBC in 1996. Since 2005, Mr Quinn has served as
the non-executive chairman of Pursuit Dynamics plc.

Commenting on the appointment Randgold Resources chairman, Philippe
Lietard, said: "We are delighted to welcome someone of Andy's calibre
to our board. He is highly respected in the mining financial sector,
particularly in London, and his experience in this sector will be a
valuable resource for the company."

With the appointment of Mr Quinn to the audit committee, Dr Kadri
Dagdelen will resign as a member of that committee and join the
company's Governance and Nomination Committee.

Randgold Resources enquiries:

Chief Executive  Financial Director  Investor & Media Relations
Dr Mark Bristow  Graham Shuttleworth Kathy du Plessis
+44 788 071 1386 +44 1534 735 333    +44 20 7557 7738
+44 779 775 2288 +44 779 771 1338    Email: 


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