Loulo Gold Mine, Mali (FSCwire) - Randgold Resources' operations in Mali are performing robustly and look set to exceed their production targets for 2017, chief executive Mark Bristow said here today.

Speaking during a visit to the Loulo mine for local media, Bristow said the sustained profitability of Morila and the Loulo-Gounkoto complex was continuing to create value for all the company's stakeholders as well as supporting its commitment to building a lasting legacy for the mines' communities in the form of educational, agricultural and infrastructural development.

Bristow noted that since 2010, the Randgold mines had accounted for between 6% and 9% of Mali's annual GDP.Since they were commissioned, their direct contribution to the country's economy, in the form of taxes, salaries and payments to local suppliers had amounted to $2 billion for Morila, $2.9 billion for Loulo and $0.7 billion for Gounkoto.

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Source: Randgold Resources Limited (LSE:RRS, NASDAQ:GOLD)

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