SOURCE: Randgold Resources Ld

September 22, 2011 10:36 ET

Tipper Trucks Start journey to Gounkoto Mine

JERSEY, CHANNEL ISLANDS and DAKAR, SENEGAL--(Marketwire - Sep 22, 2011) -

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

Eleven specially modified 50 tonne trucks have arrived in Dakar in Senegal en route to the new Gounkoto gold mine at Randgold Resources' Loulo mining complex in Western Mali.

The ship carrying the Volvo FMX 10x4 tipper trucks which were purpose-built for the mine by BAS Volvo Trucks in the Netherlands, docked in Dakar this morning. Modifications to the trucks include the addition of a fifth axle and a customised tray with an innovative hardox 500 bottom ware plate system. Three further trucks have been ordered and are scheduled to arrive in Dakar in February next year, bringing Randgold's total investment in the fleet to US$4.2 million.

Transporting these haulage trucks from Dakar harbour to the mine in Mali is being controlled by local Senegalese logistics partner Lamine Gueye of CSTTAO.

The trucks will be used to transport ore from the Gounkoto mine to the plant at Loulo, some 30 kilometres away. "This dedicated fleet will greatly reduce the cost per tonne of ore delivered to Loulo as a result of the increased hauling capacity and efficient fuel consumption," says Randgold group consulting mining engineer Marcel Damen.

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


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