Randgold Resources - Tongon turnaround continues

Randgold Resources - Tongon turnaround continues 
JERSEY, CHANNEL ISLANDS -- (Marketwired) -- 07/29/13 --  Randgold
Resources (LSE: RRS) (NASDAQ: GOLD) (TSX: GOLD) *T 
TSX: GOLD
RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
("Randgold Resources" and "Randgold") 
AS TONGON TURNAROUND CONTINUES, RANDGOLD CALLS FOR RENEWED COMMITMENT
TO FUTURE OF COTE D'IVOIRE MINING 
Abidjan, Cote d'Ivoire, 27 July 2013 - Randgold Resources remains
committed to working with the government of Cote d'Ivoire to build a
sustainable mining industry in that country by using its Tongon
operation as a platform from which to find and develop more world-class
gold deposits, chief executive Mark Bristow said today. 
Bristow told a media briefing here that the current crisis in the
global gold mining industry, prompted by the downturn in the gold
price, was being exacerbated in Cote d'Ivoire by continuing uncertainty
over the country's mining code. Consequently mining companies were
withdrawing from Cote d'Ivoire or delaying or downsizing their projects
there."Randgold has been in Cote d'Ivoire since the early Nineties and in
that time we have seen the country face and deal with some major
challenges. The government has already made significant progress in
restabilising the country along with the other parties, and we are
confident that the country will also weather the storm in the gold
market if together we reinforce the partnership between capital, labour
and the state and renew our mutual commitment to the long-term
development of this industry," he said. 
Randgold was demonstrating its own commitment by upgrading the Tongon
operation and stepping up its exploration programmes in the country,
Bristow said. He noted that the company had already mobilised on the
new exploration permits it had recently been granted by the government. 
Turning to Tongon, Bristow said after contending with operational
setbacks last year, the mine was steadily improving its performance as
the turnaround programme initiated by management started showing
results. 
Click on, or paste the following link into your web browser, to view
the associated PDF document. 
http://www.rns-pdf.londonstockexchange.com/rns/3122K_1-2013-7-29.pdf 
RANDGOLD ENQUIRIES 
Chief Executive   Group regional manager West   Investor & Media
Mark Bristow      Africa                        Relations
+44 788 071 1386  Mahamadou Samake              Kathy du Plessis
+223 66 75 01 22  +223 66 75 61 36              +44 20 7557 7738 
+223 20 20 16 94              Email:randgold@dpapr.com
Website: www.randgoldresources.com 
This information is provided by RNS 
The company news service from the London Stock Exchange 
END 


 
 
 
Contacts:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com


 
Press spacebar to pause and continue. Press esc to stop.