22nd Apr 2008 13:30
Randgold Resources Ld22 April 2008 RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLD KANKOU MOUSSA SALES FAR EXCEED EXPECTATIONS Bamako, Mali, 22 April 2008 - The Kankou Moussa bullion bank of Mali has sold819 kilograms of gold since its Bamako sales office opened in April last year,Randgold Resources said today. The bank was established in 2007 as a partnership between the government of Maliand Randgold Resources to make Malian gold available to the Malian people. Morespecifically, it provides the local jewellery industry with easier access togold as well as the opportunity to sell its products on the internationalmarket. Kankou Moussa director Samba Dieng said the high level of sales - achieved inspite of record gold price levels - had far exceeded expectations and was aclear indication that the bank was meeting a real need and a growing demand. RANDGOLD RESOURCES ENQUIRIES: Chief Executive General Manager Mali Investor & Media Relations Dr Mark Bristow Mahamadou Samake Kathy du Plessis +223 675 0122 +223 675 6136 +44 20 7557 7738 +44 788 071 1386 Email: [email protected] Website: www.randgoldresources.com DISCLAIMER: Statements made in this document with respect to RandgoldResources' current plans, estimates, strategies and beliefs and other statementsthat are not historical facts are forward-looking statements about the futureperformance of Randgold Resources. These statements are based on management'sassumptions and beliefs in light of the information currently available to it.Randgold Resources cautions you that a number of important risks anduncertainties could cause actual results to differ materially from thosediscussed in the forward-looking statements, and therefore you should not placeundue reliance on them. The potential risks and uncertainties include, amongothers, risks associated with: fluctuations in the market price of gold, goldproduction at Morila and Loulo, the development of Loulo and estimates ofresources, reserves and mine life. For a discussion on such risk factors referto the annual report on Form 20-F for the year ended 31 December 2006 which wasfiled with the United States Securities and Exchange Commission (the 'SEC') on25 June 2007. Randgold Resources sees no obligation to update information inthis release. Cautionary note to US investors; the 'SEC' permits companies, intheir filings with the 'SEC', to disclose only proven and probable ore reserves.We use certain terms in this release, such as "resources", that the 'SEC' doesnot recognise and strictly prohibits us from including in our filings with the 'SEC'. Investors are cautioned not to assume that all or any parts of ourresources will ever be converted into reserves which qualify as 'proven andprobable reserves' for the purposes of the SEC's Industry Guide number 7. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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