JERSEY, CHANNEL ISLANDS--(Marketwire - Jul 19, 2011) -
RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD KIBALI RELOCATION STARTS, PAVING WAY FOR PROJECT'S CONSTRUCTION PHASE Kibali, Democratic Republic of Congo, 19 July 2011 - The Kibali relocation programme has started with the move of the first people from within the giant gold project's development zone to the specially designed and built model town of Kokiza, which has been established to provide a new home for the residents of the 14 affected villages. Kokiza will ultimately consist of more than 3 500 houses accommodating about 15 000 people, a Catholic Church complex and other places of worship, schools, 7 medical centres, 5 public market places and a government office. In addition, a transport infrastructure is being created to serve the town, with more than 50 kilometres of primary roads and 20 kilometres of secondary roads already constructed. Randgold Resources chief executive Mark Bristow said today the successful initiation of the relocation programme marked the latest major milestone in the development of Kibali, which is likely to rank as the largest gold mine in Africa outside South Africa, as it cleared the way for construction to start on site. Randgold (LSE :RRS ) (NASDAQ :GOLD ) is managing the development and will be operating the project, in which it has a 45% stake, with AngloGold Ashanti (JSE :ANG ) (NYSE :AU ) (ASX :AGG ) (LSE :AGD ) (GhSE:AGA/AAD) holding 45% and the DRC parastatal Sokimo owning the 10% balance. ENQUIRIES: Mark Bristow Willem Jacobs Kibali chairman & Randgold Resources CEO Randgold GM operations +223 6675 0122/+44 788 071 1386 Central & East Africa +27 72 614 4053/+27 82 905 6797 Louis Watum Kathy du Plessis GM Kibali Goldmines Randgold investor & media +243 994 035464/+256 782 239767 relations +44 20 7557 7738 randgoldresources@dpapr.com To view the full announcement visit the company website: www.randgoldresources.com This information is provided by RNS The company news service from the London Stock Exchange END
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