Randgold Resources Ld
31 July 2003
BRETT KEBBLE RESIGNS FROM RANDGOLD RESOURCES BOARD
AFTER BEING APPOINTED TO THE BOARD OF RANDGOLD & EXPLORATION
Johannesburg, 31 July 2003 - Following his appointment to the Randgold &
Exploration (JSE: RNG) (NASDAQ: RANGY) board, Brett Kebble has resigned as a
director of Randgold Resources (LSE: RRS) (NASDAQ: GOLD), the London and
Nasdaq-listed company in which Randgold & Exploration has a 43% interest.
It was announced earlier this week that Randgold & Exploration was set to become
the vehicle for the JCI group's mining interests after its black economic
empowerment deal with Phikoloso Mining.
'We understand Brett's decision and commend him for his contribution to the
revitalisation of the once moribund Randgold Group and to the transformation of
the South African mining industry in the 90s. His entrepreneurial drive helped
enable the birth of Randgold Resources and the Group's support was critical when
we embarked on our biggest challenge to date, the development of the Morila
mine,' said Randgold Resources chief executive Dr Mark Bristow.
For further information call:
(CEO) Mark Bristow on +44 (0) 779 775 2288
Issued on behalf of Randgold Resources Limited by du Plessis Associates. dPA
contact Kathy du Plessis - Tel: +27 11 728 4701, or e-mail
DISCLAIMER: Statements made in this release with respect to Randgold Resources'
current plans, estimates, strategies and beliefs and other statements that are
not historical facts are forward-looking statements about the future performance
of Randgold Resources. These statements are based on management's assumptions
and beliefs in light of the information currently available to it. Randgold
Resources cautions you that a number of important risks and uncertainties could
cause actual results to differ materially from those discussed in the
forward-looking statements, and therefore you should not place undue reliance on
them. The potential risks and uncertainties include, among others, risks
associated with: fluctuations in the market price of gold, gold production at
Morila, estimates of reserves and mine life and liabilities arising from the
closure of Syama. Randgold Resources assumes no obligation to update
information in this release.
This information is provided by RNS
The company news service from the London Stock Exchange