Quarterly Report 30 September 2008

Highlights for the third quarter ended 30 September 2008

  • Costs contained and in line with Q2 despite rising inflation
  • Revenue down on lower grades and gold price
  • Strong balance sheet ensures delivery of development pipeline
  • Loulo underground on track for production growth
  • Participation in Tongon project increased to 84%
  • Updated Tongon feasibility confirms robust project
  • Massawa – scoping study drilling underway

Randgold Resources Limited had 76.4 million shares in issue as at 30 September 2008