Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Gold mining supports Mali humanitarian initiative

11th Apr 2013 14:20

RNS Number : 1434C
Randgold Resources Ld
11 April 2013
 



RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNASDAQ Trading Symbol: GOLD("Randgold Resources")

 

 

GOLD MINING COMPANIES SUPPORT HUMANITARIAN INITIATIVE IN MALI

 

 

Bamako, Mali, 11 April 2013 -  The gold mining industry in Mali, represented by Mahamadou Samaké, Randgold Resources' group regional manager for West Africa, today handed over a donation of US$3.15 million to the country's interim president, Mr Dioncounda Traoré, to be used for humanitarian purposes.

 

The mining companies - AngloGold Ashanti, Avnel Gold, Endeavour Mining, IAMGOLD, Randgold Resources and Resolute Mining - said the donation demonstrated their strong desire to support the people of Mali in the difficulties the country has been experiencing since the attempted coup 16 months ago.

 

The donation will be held in a dedicated account and will be applied to healthcare, education and agricultural initiatives at the discretion of the ministry of finance. The mining companies have been given an assurance that none of the money will be used to support the military or any war effort, directly or indirectly, or be diverted for other purposes. The companies will be closely monitoring expenditure from the dedicated account.

 

Last year many of these same companies donated US$735 000 in emergency funding to avert an interruption of the Mass Drug Administration programme fighting a range of diseases endemic to Mali. Since then, Randgold Resources has also donated 60 tonnes of rice and millet to the Red Cross specifically for use in the north of Mali, where the population has been particularly hard hit by the unrest.

 

RANDGOLD ENQUIRIES

Chief ExecutiveMark Bristow+44 788 071 1386+223 66 75 01 22

Group regional manager West AfricaMahamadou Samaké,+223 66 75 61 36+223 20 20 16 94

Investor & Media RelationsKathy du Plessis+44 20 7557 7738Email: [email protected]

Website: www.randgoldresources.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDMGMDMMMGFZM

Related Shares:

Randgold Resources
FTSE 100 Latest
Value8,415.32
Change-2.02