MALI, MALI / ACCESSWIRE / October 26, 2017 / Randgold Resources' (NASDAQ: GOLD; LSE: RRS) operations in Mali are performing robustly and look set to exceed their production targets for 2017, Chief Executive Mark Bristow said today.
Speaking during a visit to the Loulo mine for local media, Bristow said the sustained profitability of Morila and the Loulo-Gounkoto complex was continuing to create value for all the company's stakeholders, as well as supporting its commitment to building a lasting legacy for the mines' communities in the form of educational, agricultural, and infrastructural development.
Bristow noted that, since 2010, the Randgold mines had accounted for between 6% and 9% of Mali's annual GDP. Since they were commissioned, their direct contribution to the country's economy, in the form of taxes, salaries, and payments to local suppliers, had amounted to $2 billion for Morila, $2.9 billion for Loulo, and $0.7 billion for Gounkoto.
RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
SOURCE: Randgold Resources Limited
