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Quarterly Report 30 September 2011
LSE: RRS NASDAQ: GOLD

Quarterly Report 30 September 2011

Key Performance Indicators


  • Profit for the period, after Tongon adjustment, increased by 29% on previous quarter

  •  Group production maintained despite weather challenges at Loulo and Gounkoto

  •  Cash costs reduced and profit from mining increased by more than 50% at Loulo complex

  •  Loulo underground improving performance trend continues

  •  Ore haulage operation from Gounkoto to Loulo enhanced by arrival of fleet of 50t Volvo trucks

  •  Hard rock crushing circuit commissioned at Tongon and mine officially opened by President of Côte d’Ivoire

  •  All significant long lead items and permitting for Kibali in place; on track for Q4 2013 commissioning

  •  Advanced grade control drilling commenced at Kibali

  •  Annual review of greenfields exploration highlights significant potential for upcoming season

 


Randgold Resources Limited (‘Randgold’) had 91.6 million shares in issue at 30 September 2011