Randgold Resources > Financials > Quarterly reports > 2009 > Quarterly Report 31 March 2009
Quarterly Report 31 March 2009
UPDATED RESOURCES AND RESERVE DECLARATION
Depleted to December 2008:
|
|
|
|
Attributable |
||
|
Tonnes |
Grade |
Gold |
Gold |
||
| MINE/PROJECT |
Category |
(Mt) |
(g/t) |
(Moz) |
(Moz) |
| MINERAL RESOURCES Loulo |
|
|
|
80% |
|
|
Measured and indicated |
62.69 |
4.55 |
9.18 |
7.34 |
|
|
Inferred |
24.23 |
2.86 |
2.23 |
1.78 |
|
| Morila |
|
|
|
40% |
|
|
Measured and indicated |
20.64 |
1.75 |
1.16 |
0.46 |
|
|
|
|
|
|
|
|
| Tongon |
|
|
|
84% |
|
|
Indicated |
38.18 |
2.89 |
3.55 |
2.98 |
|
|
Inferred |
10.30 |
2.65 |
0.88 |
0.74 |
|
|
|
|
|
|
||
| Massawa |
|
|
|
83% |
|
|
Inferred |
36.76 |
2.87 |
3.39 |
2.82 |
|
|
|
|
|
|
||
| Total Measured and Indicated |
121.51 |
3.56 |
13.89 |
10.79 |
|
| Total Inferred |
71.30 |
2.84 |
6.50 |
5.34 |
|
ORE RESERVES |
|
|
|
|
|
| Loulo |
|
|
|
80% |
|
|
Proved and probable |
50.59 |
4.42 |
7.20 |
5.76 |
|
| Morila |
|
|
|
40% |
|
|
Proved and probable |
20.62 |
1.72 |
1.14 |
0.46 |
|
| Tongon |
|
|
|
84% |
|
|
Probable |
38.25 |
2.57 |
3.16 |
2.66 |
|
| Total Proved and Probable |
109.46 |
3.27 |
11.51 |
8.87 |
|
Randgold Resources reports its mineral resources and ore reserves in accordance with the JORC code. The reporting of ore reserves is also in accordance with SEC Industry Guide 7.
Pit optimisation and underground reserves are carried out at a gold price of US$650/oz. Dilution and ore loss are incorporated into the calculation of reserves.
Cautionary note to US investors: The United States Securities and Exchange Commission (the “SEC”) permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Randgold Resources uses certain terms in this report, such as “resources” that the SEC guidelines strictly prohibit the company from including in its filings with the SEC.
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