Randgold welcomes political progress in Mali

Marketwire

JERSEY, CHANNEL ISLANDS -- (Marketwire) -- 08/23/12 --

RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLDRANDGOLD WELCOMES POLITICAL PROGRESS IN MALIBamako, Mali, 23 August 2012 - Randgold Resources today welcomed theappointment of a new interim government in Mali which, with the supportof Ecowas and the international community, has been extended toconstitute a government of national unity including all the politicalparties and civil society. This represents a further step towards thefull normalisation of the country following the coup attempt earlierthis year. Randgold operates the Loulo and Gounkoto gold mines in Malias well as the Morila joint venture and is one of the largestcontributors to the country's economy.Chief executive Mark Bristow said it was pleasing to see that continuedprogress was being made in restoring full political stability in acountry which had long been an exemplary democracy. "We have oftensaid that we have confidence in the ability of Mali's people to resolvetheir differences in a constructive manner and, while there is stillsome way to go, this confidence remains unshaken. In the meantime, wecontinue to stay in touch with all parties and to monitor the situationclosely," he said.RANDGOLD RESOURCES ENQUIRIES:Chief Executive Financial DirectorMark Bristow Graham Shuttleworth+44 788 071 1386 / +223 66 75 01 22 +44 1534 735 333 / +44 779 771 1338Group regional manager West Africa Investor & Media RelationsMahamadou Samake Kathy du Plessis+223 66 75 61 36 / +223 20 20 16 94 +44 20 7557 7738 or randgoldresources@dpapr.comWebsite: www.randgoldresources.comCAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Except for thehistorical information contained herein, the matters discussed in thisnews release are forward-looking statements within the meaning ofSection 27A of the US Securities Act of 1933 and Section 21E of the USSecurities Exchange Act of 1934, and applicable Canadian securitieslegislation. Forward-looking statements include, but are not limitedto, statements with respect to the future price of gold, the estimationof mineral reserves and resources, the realisation of mineral reserveestimates, the timing and amount of estimated future production, costsof production, reserve determination and reserve conversion rates.Generally, these forward-looking statements can be identified by theuse of forward-looking terminology such as 'will', 'plans', 'expects'or 'does not expect', 'is expected', 'budget', 'scheduled','estimates','forecasts', 'intends', 'anticipates' or 'does notanticipate', or 'believes', or variations of such words and phrases orstate that certain actions, events or results 'may', 'could','would','might' or 'will be taken', 'occur' or 'be achieved'. Assumptionsuponwhich such forward-looking statements are based are in turn based onfactors and events that are not within the control of Randgold andthere is no assurance they will prove to be correct. Forward-lookingstatements are subject to known and unknown risks, uncertainties andother factors that may cause the actual results, level of activity,performance or achievements of Randgold to be materially different fromthose expressed or implied by such forward-looking statements,including but not limited to: risks related to the integration ofRandgold and Moto, risks related to mining operations, includingpolitical risks and instability and risks related to internationaloperations, actual results of current exploration activities,conclusions of economic evaluations, changes in project parameters asplans continue to be refined, as well as those factors discussed in thesection entitled 'Risk Factors' in Randgold's annual report on Form20-F for the year ended 31 December 2011 which was filed with the USSecurities and Exchange Commission (the 'SEC') on 31 March 2012.Although Randgold has attempted to identify important factors thatcould cause actual results to differ materially from those contained inforward-looking statements, there may be other factors that causeresults not to be as anticipated, estimated or intended. There can beno assurance that such statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not placeundue reliance on forward-looking statements. Randgold does notundertake to update any forward-looking statements herein, except inaccordance with applicable securities laws.CAUTIONARY NOTE TO US INVESTORS: the SEC permits companies, in theirfilings with the SEC, to disclose only proven and probable orereserves. We use certain terms in this release, such as 'resources',that the SEC does not recognise and strictly prohibits us fromincluding in our filings with the SEC. Investors are cautioned not toassume that all or any parts of our resources will ever be convertedinto reserves which qualify as 'proven and probable reserves' for thepurposes of the SEC's Industry Guide number 7. This information is provided by RNS The company news service from the London Stock ExchangeEND

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Source: Randgold Resources Ld