JERSEY, CHANNEL ISLANDS / ACCESSWIRE / October 22, 2018 / The Kibali gold mine in the Democratic Republic of
Congo is continuing to deliver performance improvements across the board and is expected to post record results for the quarter to
September, Randgold Resources chief executive Mark Bristow said here today.
Speaking at a briefing for local media, Bristow said the mine was operating at or above its designed throughput, recovery and
hoisting capacity on the back of the ramp-up in underground production, access to higher grade underground ore and the optimisation
of its automated materials handling system.
"This confirms our mid-year view that Kibali is trending to significantly outperform its full-year production guidance of 730
000 ounces," Bristow said.
"During this time the mine also successfully transitioned from contractor mining underground to owner mining by an all-Kibali
and almost entirely Congolese team, and commissioned its third hydropower station, Azambi. It is worth noting that this is the
first industrial-size power plant built by Congolese contractors, and the expertise they gained in the process augurs well for the
development of the country’s engineering sector."
Please click on, or paste the following link in to your web browser to view the full announcement;
http://www.rns-pdf.londonstockexchange.com/rns/8012E_1-2018-10-22.pdf
ENQUIRIES:
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Mark Bristow
Kibali chairman & Randgold CEO
+44 788 071 1386
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Willem Jacobs
Randgold GM operations Central & East Africa
+243 820 678 040
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Kathy du Plessis
Randgold investor & media relations
+44 20 7557 7738
randgold@dpapr.com
Website:
www.randgoldresources.com
|
|
Graham Shuttleworth
Randgold financial director
+44 779 771 1338
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Cyrille Mutombo
Randgold country manager DRC
+243 990 104 774 / +243 815 842 990
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SOURCE: Randgold Resources Limited
