REPORT ON PAYMENTS TO GOVERNMENTS FOR THE YEAR 2017
JERSEY, CHANNEL ISLANDS / ACCESSWIRE / June 29, 2018 / Randgold Resources Limited (NASDAQ: GOLD) (LSE: RRS)
today provides information in accordance with DTR 4.3A of the Disclosure and Transparency Rules of the United Kingdom's Financial
Conduct Authority in respect of payments made to governments by Randgold Resources Limited and its subsidiary undertakings for the
year ended 31 December 2017.
This report is prepared in accordance with United Kingdom's Reports on Payments to Governments Regulations 2014 (as amended)
("UK Regulations") and the basis of preparation is summarised below. The report is available for download from: http://www.randgoldresources.com/regulatory-releases.
Basis of Preparation - Report on Payments to Governments for the year ended 31 December
2017
Reporting entities
In line with UK Regulations, this report includes payments to governments made by Randgold Resources Limited and its subsidiary
undertakings (together "Randgold"). Payments made by entities over which Randgold Resources Limited has joint control (including
Société des Mines de Morila SA and Kibali Goldmines SA) are excluded from the report.
Activities
Payments made by Randgold to governments arising from activities involving the exploration, prospection, discovery, development
and extraction of minerals ("extractive activities") are disclosed within this report. As extractive and processing activities are
unable to be reported separately, associated payments related to both activities have been disclosed in full.
Government
Government includes any national, regional or local authority of a country and includes a department, agency or entity that is a
subsidiary of a government or entity that is controlled by such authority.
Project
Payments are reported at a project level except those payments which cannot be attributed to a specific project and therefore
are reported at an entity level. Project is defined in the UK Regulations as being the operational activities which are governed by
a single contract, license, lease, concession or similar legal agreement and form the basis for payment liabilities with a
government. If such agreements are substantially interconnected, those agreements shall be treated for the purposes of the UK
Regulations as a single project. Substantially interconnected means forming part of operationally and geographically integrated
contracts, licenses, leases or concessions or related agreements with substantially similar terms which are signed with a
government giving rise to payment liabilities. Indicators of integration include, but are not limited to, geographic proximity, the
use of shared infrastructure and common operational management.
Click on, or paste the following link into your web browser, to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/0686T_1-2018-6-29.pdf
RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
SOURCE: Randgold Resources Ld
