RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD SUSTAINED FOCUS ON ORGANIC GROWTH DELIVERS RISE IN RESERVES AND RESOURCES FOR EIGHTH CONSECUTIVE YEAR London, 31 March 2011 - Randgold Resources Limited (Randgold) today reported a 5% increase in its attributable mineral resources and reserves for the year to December 2010, after mining depletion and adjustments based on ongoing exploration and evaluation programmes. This was the eighth successive annual increase in the company's attributable resources and reserves and chief executive Mark Bristow said that this escalation had again underlined the effectiveness of Randgold's key strategy of achieving organic growth through exploration success and creating value through the development of profitable mining projects. He cited the recent discovery of Gounkoto and the continued expansion of mineral reserves at its Kibali joint venture project as major contributors to the increased size and enhanced quality of the Randgold asset base. Randgold's annual mineral resource and reserve declaration, published as part of its 2010 annual report today, shows that at the attributable level, measured and indicated mineral resources rose from 20.64 million ounces to 21.77 million ounces over the year, while inferred mineral resources increased from 6.69 to 7.00 million ounces. This is mainly due to the delineation of new mineral resources at Gounkoto and Massawa. Attributable proven and probable mineral reserves grew from 15.56 million ounces to 16.39 million ounces without reducing the overall mineral reserve grade year on year. This was largely due to the ongoing conversion of mineral resources to reserves at Gounkoto, Kibali and Massawa. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/9658D_1-2011-3-30.pdf RANDGOLD ENQUIRIES: Chief Financial GM Evaluation & Investor & Media Relations Executive Director Environment Kathy du Plessis Dr Mark Graham Rod Quick +44 20 7557 7738 Bristow Shuttleworth +22366747257 randgoldresources@dpapr.com +447880711386 +441534735333 +447797752288 +447796144438 Website: www.randgoldresources.com This information is provided by RNS The company news service from the London Stock Exchange END
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