Both LTIFR and TIFR increased quarter on quarter, however the progressive rates remain significantly lower compared to 9 months ending September 2017

Malaria programme continues to deliver significant results and on track to achieve an incidence below 20% for the year

Kibali successfully passed the ISO 45001 stage 1 certification audit while remaining operations are progressing towards migration from OHSAS 18001 to ISO 45001

No major or moderate environmental incidentDevelopment and testing of the web based EHS data management system (Isometrix) continues with launch date planned for January 2019

Efficiency in freshwater used improved quarter on quarter to 0.27m3/t

Group power efficiency was at 46.58kWh/t milled vs 43.47kWh/t in the previous quarter

Massawa public consultation carried out and Environmental and Social Impact Assessment almost completedRandgold Resources now included in both FTSE4Good and

Dow Jones Sustainability Indices recognising the company's investments in sustainability

Key performance indicators…

Proposed Barrick merger to create new mining champion

Group gold production in line with Q2 despite impact of Tongon industrial action

Group total cash cost per ounce down 16% quarter on quarter

Profit for the period up 25% quarter on quarter

Cash on hand increased by 8% from Q2 to $654 million

Kibali posts another record quarter and moves further ahead of plan

Solid performance by Loulo-Gounkoto with increases across the board

Tongon operations back to normal after lockout

Morila agripole project endorsed by government

Massawa starts public participation process as part of feasibility study

Strong results from Yalea and Kibali underground extension drilling

Preliminary economic assessments highlight potential for new satellite operations at Loulo and Kibali

Ongoing work along Badenou structure shows potential to add ounces at Tongon

$1000

Average gold price received ($/oz)

Gold sales1

Total cash costs1

Profit from mining activity1 Exploration and corporate expenditure Profit for the period

Profit attributable to equity shareholders Net cash generated from operations Cash and cash equivalents2

Gold on hand at period end3 Group production (oz) Group sales1 (oz)

Group total cash cost per ounce1 ($) Group cash operating cost per ounce1 ($) Basic earnings per share ($)

Refer to Q3 2018 quarterly report for footnotes

Loulo-Gounkoto Complex…Q3 update

Combined production from Loulo and Gounkoto increased 16% quarter on quarter to 174 018oz due to a 21% improvement in grade

Total cash cost per ounce of $577/oz was 16% lower on the back of increased gold productionProfit from mining increased 19% quarter on quarter to $111.9 million

Preliminary economic assessment completed on potential of Loulo 3 expanded open pit and underground project

Drilling continues to expand high grade mineralisation in south of the Yalea orebody

Exploration on the Gounkoto permit leads to a larger review of the Faraba structure where multiple zones of mineralisation show potential to be extended and combined

$1.1 million spent on construction of 10 drinking boreholes for communities, village houses, seeds and fertilizers for local farmers

Both mines remain ISO 14001 certified

30 Sep 2018

30 Jun 2018

30 Sep 2017

30 Sep 2018

30 Sep 2017

Mining

Tonnes mined (000)

Ore tonnes mined (000)

Milling

Tonnes processed (000) Head grade milled (g/t) Recovery (%)

Ounces produced Ounces sold

Average price received ($/oz) Cash operating costs1 ($/oz) Total cash costs1 ($/oz)

Gold on hand at period end2 ($000) Profit from mining activity1 ($000) Gold sales1 ($000)

Refer to Q3 2018 quarterly report for footnotes

Gold production increased 5% quarter on quarter to 106 022oz with total cash cost per ounce down 10% at $595/oz

Gara

Increase in production a result of a 29% increase in head grade milled to 5.3g/t

Yalea

Ore development prioritised to maintain plant throughput and both Yalea and Gara delivered improved tonnages and ounces

0

0.5

1

1.5

2

Ore tonnes mined

t000

400

Equipment shortages and power outages experienced have since been resolved

Development of Yalea South Lower started and is expected to improve ongoing flexibility

200

0

Q1 2018Q2 2018Q3 2018

Yalea

Gara

30 Sep 2018

30 Jun 2018

30 Sep 2017

30 Sep 2018

30 Sep 2017

Mining

Tonnes mined (000)

Ore tonnes mined (000)

Milling

Tonnes processed (000) Head grade milled (g/t) Recovery (%)

Ounces produced Ounces sold

Average price received ($/oz) Cash operating costs1 ($/oz) Total cash costs1 ($/oz)

Gold on hand at period end2 ($000) Profit from mining activity1 ($000) Gold sales1 ($000)

Refer to Q3 2018 quarterly report for footnotes

Conversion and Exploration Target Summary:

Yalea Transfer Zone (15 drill holes) Size: 500m strike x 100m VD

Wt. Av. Grade: 13.3g/t (range 5.7 to 19.9g/t) Av. Thickness: 11.4m (range 2.4 to 21.7m)Yalea FW Panel (15 drill holes) Size: 1000m strike x 280m VD

Wt. Av. Grade: 4.1g/t (range 0.14 to 8.41g/t) Av. Thickness: 5.3m (range 2.5 to 11.4m)

3 - 2g/t

2 - 0.7g/t

Attachments

Disclaimer

Randgold Resources Ltd. published this content on 06 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 November 2018 11:45:05 UTC