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Press release from Marketwire

Randgold: Kibali prepares to pour first gold

Tuesday, July 23, 2013

Randgold: Kibali prepares to pour first gold

11:11 EDT Tuesday, July 23, 2013

JERSEY, CHANNEL ISLANDS--(Marketwired - July 23, 2013) -

RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNASDAQ Trading Symbol: GOLD("Randgold")KIBALI PREPARES TO POUR FIRST GOLDKinshasa, DRC, 23 July 2013 - The giant Kibali gold project in theDemocratic Republic of Congo has advanced to its immediatepreproduction development stage and final preparations are now beingmade for the first gold pour, targeted for October this year.Chief executive Mark Bristow told a media briefing here today that morethan a million tonnes of ore from the open pit mine had already beenstockpiled to feed the metallurgical plant's oxide circuit, which isscheduled to start commissioning in the third quarter this year. All36 power generator sets have arrived on site and the backup dieselpowerstation is on schedule, with the first six of the 15 generatorsets needed for plant start-up already commissioned. The constructionof the first hydrostation is on track for completion in quarter one ofnext year and will be followed by three further stations. Work on theunderground mine is also progressing well, with the development of thedeclines ahead of schedule and the vertical shaft due to reach a depthof 183metres by year end.In line with Randgold's policy of local employment and upskilling, 71people from the local community as well as another 22 DRC nationals arecurrently being trained as plant operators and supervisors atRandgold's Tongon mine in Cote d'Ivoire and its Morila mine in southernMali. Like Randgold's other mines, Kibali's management team is beingdrawn largely from host-country nationals.In the meantime the relocation programme, one of the most complex andsensitive parts of the project's development, is nearing completion,with more than 3 400 families already resettled in the new modelvillage of Kokiza. Randgold is currently in the process of handingover the village to a local administration.Click on, or paste the following link into your web browser, to viewthe associated PDF document: This information is provided by RNS The company news service from the London Stock ExchangeEND


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