Morila's Pioneering Agribusiness Project Gets Government Go-Ahead

Morila's Pioneering Agribusiness Project Gets Government Go-Ahead

Morila, Mali (FSCwire) - The Morila gold mine's ambitious agribusiness project, designed to replace mining with a sustainable economic activity in the local community after the operation's closure in two years' time, has been approved by the Malian government.

In a ceremony at Morila today, attended among others by Mali Prime Minister M Soumeilou Boubeye Maïga and Minister of Mines & Petroleum Mme Lelenta Hawa Baba Ba, Randgold Resources chief executive Mark Bristow said the project would support the government's drive to reduce poverty by promoting the agricultural sector. He noted that 80% of Mali's population relied on agriculture, which accounted for 45% of the country's GDP and it was estimated that as much as 50% of agricultural produce was wasted by the lack of processing industries.

Click on, or paste the following link into your web browser, to view the announcement in full

http://www.rns-pdf.londonstockexchange.com/rns/3171D_1-2018-10-8.pdf

RANDGOLD ENQUIRIES:

Chief Executive
Mark Bristow
+44 788 071 1386
+223 66 75 01 22

Group Regional Manager
West Africa
Mahamadou Samaké
+223 66 75 61 36

Investor & Media Relations
Kathy du Plessis
+44 20 7557 7738
[email protected]

Website: www.randgoldresources.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

To view the original release, please click here

Source: Randgold Resources Limited (LSE:RRS, NASDAQ:GOLD, OTC Pink:RGORF, FWB:RGR1)

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