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Randgold Resources Ld -Tongon heads back to normal


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© Marketwire 2013
2013-01-21 08:13:02 -

JERSEY, CHANNEL ISLANDS -- (Marketwire) -- 01/21/13 --

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD


POST-FIRE TONGON HEADS BACK TO NORMAL


Abidjan, Cote d'Ivoire, 19 January 2013 - Production at Randgold
Resources' Tongon mine in Cote d'Ivoire is returning to normal after a
fire in the mill section of its plant three weeks ago, the company said
today. Both mill circuits are expected to be fully operational within
2 weeks and, despite a series of setbacks, the mine produced 210 000
ounces of gold in 2012.

Speaking to journalists in Abidjan today, Randgold chief executive Mark
Bristow said Tongon exemplified the company's long-term vision and its
tenacity of purpose. The mine's development had been given the
go-ahead at a time of political volatility in Cote d'Ivoire; it had
been commissioned in the climate of confusion created by the disputed
presidential election; it had contended with the disruption of frequent
power outages; and now it was overcoming the effects of the fire."Tongon
represents the biggest single investment to date in this part
of Cote d'Ivoire, and when we made that investment, we invested not
only in a mine but in this country," Bristow said. "We are currently
exploring our extensive tenements elsewhere in Cote d'Ivoire and we
hope to discover further multi-million ounce gold deposits here and,
with the support of the government, to develop these into world-class
mines."

Bristow said Randgold's policy of partnering with its host countries
and sharing the value it created equitably among its stakeholders was
the key to its success in Africa.


RANDGOLD RESOURCES ENQUIRIES:

Chief Executive                 Financial Director
Mark Bristow                    Graham Shuttleworth
+223 66 75 01 22 / +44 788 071  +44 1534 735 333 / +44 779 771 1338
1386

Group regional manager West     Investor & Media Relations
Africa                          Kathy du Plessis
Mahamadou Samake                +44 20 7557 7738 /
+223 66 75 61 36 / +223 20 20    randgoldresources@dpapr.com : mailto:randgoldresources@dpapr.com 
16 94

Website:  www.randgoldresources.com :  www.randgoldresources.com 


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  www.rns-pdf.londonstockexchange.com/rns/9675V_1-2013-1-21.pdf :  www.rns-pdf.londonstockexchange.com/rns/9675V_1-2013-1-21.pdf 





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

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