SOURCE: Randgold Resources

July 26, 2017 13:22 ET

Randgold Resources: Mali Mines power ahead

JERSEY, CHANNEL ISLANDS--(Marketwired - Jul 26, 2017) - Randgold Resources (LSE: RRS) (NASDAQ: GOLD)

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

MALI MINES POWER AHEAD AND NEW PROJECT SECURES PRODUCTION PROFILE

Bamako, Mali, 26 July 2017 - Randgold Resources' operations in Mali are continuing to deliver a robust performance and the company's recent decision to proceed with the development of a super pit at Loulo-Gounkoto underpins the group's commitment to the country's mining industry, chief executive Mark Bristow said today.

Speaking at a media briefing here, Bristow said ongoing exploration success within the Loulo and Gounkoto permits had enabled it to replace all the gold depleted by mining last year and was continuing to deliver additional reserves and resources. Preparation work was also underway on the Gounkoto super pit, which would further strengthen the complex's position as a long-life producer with an annual output of at least 600 000 ounces.

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http://www.rns-pdf.londonstockexchange.com/rns/1994M_1-2017-7-26.pdf

Contact Information

  • ENQUIRIES:
    Chief Executive
    Mark Bristow
    +44 788 071 1386
    +223 66 75 01 22

    Financial Director
    Graham Shuttleworth
    +44 779 771 1338

    Group Regional Manager West Africa
    Mahamadou Samake
    +223 66 75 61 36

    Investor & Media Relations
    Kathy du Plessis
    +44 20 7557 7738
    randgold@dpapr.com

    Website: www.randgoldresources.com