ADVISORY, May 10, 2013 (GLOBE NEWSWIRE) --
African focused gold miner Randgold Resources Limited [GOLD] will visit the NASDAQ MarketSite in Times Square. Randgold Resources is a member of the NASDAQ-100 Index.
In honor of the occasion, Dr. D. Mark Bristow Ph.D, CEO will ring the Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Monday, May 13, 2013 – 3:45 p.m. to 4:00 p.m. ET
+44 772 1673677
Frank du Plessis
+44 20 7557 7738
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About Randgold Resources Limited [GOLD]:
Randgold Resources is an African focused gold mining and exploration company with listings on the London Stock Exchange (RRS) and NASDAQ (GOLD).
Major discoveries to date include the 7.5Moz Morila deposit in southern Mali, the 7Moz Yalea deposit and the 5.5Moz Gounkoto deposit, both in western Mali, the 4Moz Tongon deposit in the Cote d'Ivoire and the 3Moz Massawa deposit in eastern Senegal. Randgold financed and built the Morila mine which, since October 2000, has produced more than 6Moz of gold and distributed more than US$2 billion to stakeholders. It also financed and built the Loulo operation which started as two open pit mines in November 2005. Since then, two underground mines have been developed at the Yalea and Gara deposits.
The company's Tongon mine in Cote d'Ivoire poured its first gold in November 2010. Randgold's latest mine, Gounkoto, south of Loulo, delivered first ore to the Loulo plant in June 2011 and paid its first dividend to shareholders in mid 2012, just 30 months after drilling the first discovery borehole.
In 2009, the company acquired a 45% interest in the Kibali project in the Democratic Republic of Congo (DRC), which stands at 10.9Moz of mineral reserves and is one of the largest undeveloped gold deposits in Africa. Open pit mining has started at Kibali and construction of the gold mine has been ramped up for expected fourth quarter 2013 first gold production, while underground mine development has also begun. The first full year of production is planned for 2014. Randgold also has a major project at Massawa in Senegal and an extensive portfolio of organic growth prospects, supported by intensive exploration programmes in Cote d'Ivoire, DRC, Mali and Senegal. New joint ventures in the DRC and Senegal have expanded Randgold's footprint in these regions.
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