Randgold Resources says Mali mines operating normally

theflyonthewall.com

Randgold Resources stated in a press release that its Loulo-Gounkoto gold mining complex as well as its Morila joint venture were operating normally following the declaration of a state of emergency in Mali over the weekend as French forces joined the Malian army in quelling rebels in the north of the country. Randgold said its operations are in safe areas some 700 kilometres distant from conflict zones and have not been affected by any of the issues that have afflicted Mali over the last ten months, including the recent attacks by rebels in the north of the country. The company said it was nevertheless monitoring the situation closely and had put contingency plans in place to ensure that it could continue to contribute to the economy of Mali, while protecting Randgold's people and property. Should the current military build-up impact on logistics, both operations are well-stocked with fuel and other consumables, Randgold added.

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