Strongly placed for further growth

JERSEY, CHANNEL ISLANDS--(Marketwire - Mar 28, 2013) - Randgold Resources Limited (LSE: RRS) (NASDAQ: GOLD)

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
("Randgold Resources", "Randgold", the "company and the "group")


STRONGLY PLACED FOR FURTHER GROWTH, RANDGOLD EYES FRESH PROSPECTS


London, 28 March 2013 - After a year in which it drove production and
profit to record heights, Randgold Resources is rapidly advancing its
further growth projects and examining new joint-venture opportunities
generated by stress in the gold mining industry's junior sector, says
chief executive Mark Bristow.

Writing in Randgold's 2012 annual report, published today, Bristow says
the company's top priority is to deliver on its promise to pour first
gold at the giant Kibali project in the Democratic Republic of Congo
before the end of 2013. Other focus areas include ramping up
production at Randgold's flagship Loulo-Gounkoto complex in Mali and
completing a feasibility study on a new underground mine at Gounkoto.

Despite capital expenditure of US$562.3 million last year, mainly on
Kibali, Randgold's cash and gold on hand at the end of 2012 totalled
US$403 million, which means the company is well placed to fund its
future growth, Bristow says."Our exploration teams are hunting for
additional resources for our mines as well as fresh targets that will
produce our next big discovery. Throughout the group, we will sustain a
strong emphasis on growing production and containing costs, and our
overall objective remains the creation and delivery of value to all our
stakeholders," he says."At the corporate level, we are looking at joint
venture opportunities generated by the current state of the industry. We
also intend to continue to work with the governments of our host
countries, guided by our partnership philosophy, to head off short-
sighted changes to their mining codes."

Also in the report, chairman Philippe Lietard notes that the
partnership philosophy is an integral part of everything Randgold does.
"Over the past year it again showed its merit by cushioning the
company against the upheavals in Mali, providing a supportive environment
for its operations and helping Kibali to advance rapidly. Like all close
relationships, Randgold's partnerships with its host governments are
occasionally strained but these moments are invariably overcome when
the overriding considerations of common interests and shared values
reassert themselves," he says.

The 2012 annual report has been posted to shareholders and is available
for viewing and/or downloading from Randgold's website at
 www.randgoldresources.com . A copy of the 2012 annual report has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at  www.hemscott.com/nsm.do . A copy of the
2012 annual report will also be submitted to Randgold's annual general
meeting to be held on 29 April 2013.

Once Randgold has filed its annual report on Form 20-F for the 12
months ended 31 December 2012 with the US Securities and Exchange
Commission, expected later today, that report will also be available
for viewing and/or downloading from Randgold's website and at
 www.sec.gov .


ENQUIRIES

Chief Executive  Financial Director  Investor & Media Relations
Mark Bristow     Graham Shuttleworth Kathy du Plessis
+447880711386    +441534735333       +442075577738
+447797752288    +447797711338       Email:randgoldresources@dpapr.com


Website:  www.randgoldresources.com 





CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Except for the
historical information contained herein, the matters discussed in this
news release are forward-looking statements within the meaning of
Section 27A of the US Securities Act of 1933 and Section 21E of the US
Securities Exchange Act of 1934, and applicable Canadian securities
legislation. Forward-looking statements include, but are not limited
to, statements with respect to the future price of gold, the estimation
of mineral reserves and resources, the realisation of mineral reserve
estimates, the timing and amount of estimated future production, costs
of production, reserve determination and reserve conversion rates.
Generally, these forward-looking statements can be identified by the
use of forward-looking terminology such as 'will', 'plans', 'expects'
or 'does not expect', 'is expected', 'budget', 'scheduled','estimates',
'forecasts', 'intends', 'anticipates' or 'does not anticipate', or
'believes', or variations of such words and phrases or state that certain
actions, events or results 'may', 'could', 'would','might' or 'will be
taken', 'occur' or 'be achieved'. Assumptions upon which such forward-
looking statements are based are in turn based on factors and events that
are not within the control of Randgold and there is no assurance they
will prove to be correct. Forward-looking statements are subject to known
and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity performance or achievements of Randgold
to be materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks related to
mining operations, including political risks and instability and risks
related to international operations, actual results of current exploration
activities, conclusions of economic evaluations, changes in project
parameters as plans continue to be refined, as well as those factors
discussed in Randgold's filings with the US Securities and Exchange
Commission (the 'SEC'). Although Randgold has attempted to identify
important factors that could cause actual results to differ materially
from those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Randgold does not undertake to update any forward-looking statements
herein, except in accordance with applicable securities laws.
CAUTIONARY NOTE TO US INVESTORS: The SEC permits companies, in their
filings with the SEC, to disclose only proven and probable ore
reserves. We use certain terms in this release, such as 'resources',
that the SEC does not recognise and strictly prohibits us from
including in our filings with the SEC. Investors are cautioned not to
assume that all or any parts of our resources will ever be converted
into reserves which qualify as 'proven and probable reserves' for the
purposes of the SEC's Industry Guide number 7.



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

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