Quarterly Report 31 March 2006
The company continues to evaluate various opportunities both at corporate and project levels, however it remains focused on generating its own opportunities through an aggressive exploration and generative programme, concentrating on Africa's key gold belts.
A busy second quarter of 2006 is planned with drilling expected in five African countries (Mali, Senegal, Burkina Faso, Côte d'Ivoire and Tanzania).
The timetable to commission Phase 2 of the Loulo project is challenging but achievable. Randgold Resources is currently maintaining its guidance for the results for the year, as published last quarter.