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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