Quarterly Report 31 March 2007
The company continues to evaluate various opportunities both at corporate and project levels.
Production is planned to increase in the second half of the year as higher grades are exposed at Morila as per the current mine plan.
The improved political situation in Côte d'Ivoire bodes well not only for the development of the Tongon project but also paves the way for opportunities to improve logistics in the sub-region.
On 24 April 2007, the company's Malian jewellery initiative, Kankou Moussa, was officially inaugurated in Bamako. Kankou Moussa is a private joint venture, the aim of which is to foster the growth of Malian jewellery manufacture. It further cements Randgold Resources' strong partnership with the government and people of Mali.