Kinshasa, Democratic Republic of Congo, 13 September 2012 - Randgold Resources held an open day today at the giant Kibali gold project to update community leaders, including religious leaders, businessmen and local administrators, on the progress that has been made with development of the mine, which remains on track for first gold production towards the end of 2013.
Mark Bristow, chief executive of project developer and 45% shareholder Randgold Resources, said the open day was organised in line with the company’s philosophy of active and transparent engagement with the community.
The event was used to update attendees on the overall development, the current status of the relocation action plan, which involves the resettlement of some 14 villages to the new model town of Kokiza, the job creation potential and business opportunities that will be created and other community projects currently being developed. Kokiza will ultimately accommodate 3 800 families, and construction of all their homes, as well as a civic infrastructure which will include schools, clinics, shops and churches, is progressing rapidly.
Senior management also used the day as an opportunity to address queries from delegates and to share with them the challenges encountered, which Bristow said had been overcome in large measure because of the support and cooperation Randgold had received from the community and the authorities. Bristow said Kibali was a national asset, of which the DRC government owns 10%, and encouraged the community to take full advantage of the many economic opportunities it will generate.
The completed Kibali operation will comprise an integrated underground and open pit mine, a twin-circuit sulphide and oxide plant with a designed throughput of 6 million tonnes per annum and four self-constructed hydropower stations as well as a standby high-speed thermal power generator for back-up during the dry season.