CORRECTION - Update: Growth Platform Consolidation Continues With First Production From New Tongon Mine

09.11.2010  |  Marketwired

JERSEY, CHANNEL ISLANDS -- (Marketwire) -- 11/09/10 -- In the news release, 'Update: Growth Platform Consolidation Continues With First Production From New Tongon Mine,' issued earlier today by Rangold Resources (NASDAQ: GOLD) (LSE: RRS), we are advised by the company that the PDF link, and its corresponding information, at the bottom of the release has changed. Complete text with corrected link follows.

Update: Growth Platform Consolidation Continues With First Production From New Tongon Mine

JERSEY, CHANNEL ISLANDS -- November 9, 2010 -- A materially improving operational performance from its Loulo complex in Mali lifted Randgold Resources' (NASDAQ: GOLD) (LSE: RRS) third quarter results and the company said this, together with the start of production by its new mine at Tongon in the Côte d'Ivoire, is expected to spur a significant rise in its fourth-quarter gold production.

Q3 results posted today show profit of US$28.2 million, more than doubling that of the corresponding 2009 quarter but down on the previous quarter, which benefited from a US$13 million write-back of auction rate securities. Excluding this write-back, the third quarter profit would have been 20% higher than that for Q2. Profit from mining of US$42.7 million was up 21% on the corresponding 2009 quarter and 4% on the previous quarter.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/9112V_1-2010-11-9.pdf

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands

Reg. No. 62686

Website: www.randgoldresources.com

RANDGOLD RESOURCES ENQUIRIES:

Chief Executive

Dr Mark Bristow

+44 788 071 1386

+44 779 775 2288


Financial Director

Graham Shuttleworth

+44 1534 735 333

+44 779 771 1338


Investor & Media Relations

Kathy du Plessis

+44 20 7557 7738

Email: Email Contact