President Opens New Randgold Mine in Cote d'Ivoire

JERSEY, CHANNEL ISLANDS and TONGON, COTE D'IVOIRE -- (Marketwire) -- 10/24/11 --

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD

PRESIDENT OPENS NEW RANDGOLD MINE IN COTE D'IVOIRE

The Honourable Alassane
Ouattara, President of Cote d'Ivoire, today officially opened Randgold
Resources' new Tongon gold mine in the north of the country. Also at
the ceremony were the Minister of Mines, Oil and Energy Adama Toungara,
a number of ambassadors and senior government officials from the Cote
d'Ivoire as well as Mali and the DRC, and representatives of Randgold's
international and African business partners.

The mine poured its first bar of gold in October last year, on time and
on budget despite the unrest which followed the disputed outcome of the
presidential election in the country at that time. Profitable from its
first quarter, it has since produced more than 250 000 ounces of gold
and recently commissioned its hard rock crushing circuit.

To view the full text of the announcement click on the link below:

http://www.rns-pdf.londonstockexchange.com/rns/7485Q_1-2011-10-24.pdf

This information is provided by RNS
The company news service from the London Stock Exchange

END

RANDGOLD RESOURCES ENQUIRIES:


Chief Executive

Mark Bristow

44 788 071 1386

223 66 75 01 22


Financial Director

Graham Shuttleworth

44 1534 735 333

44 779 771 1338


Group Operations Manager: West Africa

Samba Toure

223 66 75 77 41

223 20 20 16 94


Investor & Media Relations

Kathy du Plessis

44 20 7557 7738
Email Contact


Website: www.randgoldresources.com