ADVISORY, May 6, 2011 (GLOBE NEWSWIRE) --
Randgold Resources Limited (GOLD) will visit the NASDAQ MarketSite in New York City's Times Square.
In honor of the occasion, Mark Bristow, Chief Executive Officer of Randgold Resources Limited (GOLD), will ring The NASDAQ Stock Market Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Monday, May 9th, 2011 at 3:50 p.m. - 4:00 p.m. ET
Frank du Plessis
+44 20 7557 7738 (office/mobile)
+44 782 466 7229 (mobile)
The Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (ul 5985V; dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Robert Madden (646) 441-5045.
An audio transmission of the Closing Bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.
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A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx
To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.
About Randgold Resources Limited (GOLD):
Randgold Resources ('Randgold') is an African focused gold mining and exploration company with primary listings on the London Stock Exchange and NASDAQ.
Major discoveries to date include the 7.5 million ounce Morila deposit in southern Mali, the 7 million ounce Yalea deposit and the 5.5 million ounce Gounkoto deposit, both in western Mali, the 4 million ounce Tongon deposit in Côte d'Ivoire and the 3 million ounce Massawa deposit in eastern Senegal. Randgold financed and built the Morila mine which since October 2000 has produced more than 5.5 million ounces of gold and distributed more than US$1.5 billion to stakeholders. It also financed and built the Loulo operation which started as two open pit mines in November 2005. Since then, an underground mine has been developed at the Yalea deposit and construction of a second underground operation is underway at the Gara deposit. The company's new Tongon mine has recently been commissioned and poured its first gold on 8 November 2010.
Mining has recently commenced at Gounkoto, another deposit on the Loulo permit in Mali, and it is scheduled to start supplying ore to the nearby Loulo plant in the second half of 2011. Randgold is fast tracking Kibali in the Democratic Republic of Congo, where construction of the mine is targeted to start mid 2011. In 2009, the company acquired a 45% interest in the Kibali project, which now stands at 10 million ounces of reserves and is one of the largest undeveloped gold deposits in Africa. Randgold also has a major project at Massawa in Senegal and an extensive portfolio of organic growth prospects, which is constantly replenished by intensive exploration programmes in Burkina Faso, Côte d'Ivoire, DRC, Mali and Senegal.
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