Jersey, Channel Islands, 30 April 2007 (LSE:RRS)(Nasdaq:GOLD) London and Nasdaq listed gold miner Randgold Resources has appointed Graham Shuttleworth as chief financial officer and financial director. Shuttleworth, who will take up his new position on 1 July 2007 is currently the New York-based head of metals and mining for the
The 38-year-old Shuttleworth, a qualified chartered accountant, was corporate finance manager of the South African Randgold & Exploration group at a time when it included eight listed gold companies, among them Randgold Resources. He joined HSBC in 2000, where he has led or been involved in a wide range of major mining industry transactions, including Randgold Resources' Nasdaq listing, its bid for Ashanti Goldfields and its 2002 US$110 million equity offering.
""Graham has been closely associated with Randgold Resources since its inception, originally as part of the management team and subsequently as an advisor. He brings to his new position not only an intimate understanding of the company but also a wealth of investment banking experience gained at a high level in London and New York,"" said chief executive Mark Bristow.