Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
JERSEY, CHANNEL ISLANDS–(Marketwire – Aug 23, 2012) –
RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD RANDGOLD WELCOMES POLITICAL PROGRESS IN MALI Bamako, Mali, 23 August 2012 - Randgold Resources today welcomed the appointment of a new interim government in Mali which, with the support of Ecowas and the international community, has been extended to constitute a government of national unity including all the political parties and civil society. This represents a further step towards the full normalisation of the country following the coup attempt earlier this year. Randgold operates the Loulo and Gounkoto gold mines in Mali as well as the Morila joint venture and is one of the largest contributors to the country's economy. Chief executive Mark Bristow said it was pleasing to see that continued progress was being made in restoring full political stability in a country which had long been an exemplary democracy. "We have often said that we have confidence in the ability of Mali's people to resolve their differences in a constructive manner and, while there is still some way to go, this confidence remains unshaken. In the meantime, we continue to stay in touch with all parties and to monitor the situation closely," he said. RANDGOLD RESOURCES ENQUIRIES: Chief Executive Financial Director Mark Bristow Graham Shuttleworth +44 788 071 1386 /+223 66 75 01 22 +44 1534 735 333 / +44 779 771 1338 Group regional manager West Investor & Media Relations Africa Kathy du Plessis Mahamadou Samake +44 20 7557 7738 or +223 66 75 61 36 /+223 20 20 16 94 [email protected] Website: www.randgoldresources.com Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/6570K_1-2012-8-23.pdf This information is provided by RNS The company news service from the London Stock Exchange END
