Loulo-Gounkoto Mine Complex, Mali
Equity 80% Loulo:
Total reserves 5.2Moz
Total resources 9.5Moz Gounkoto:
Total reserves 3.0Moz
Total resources 4.1Moz Loulo-Gounkoto
2017 production
Management and Employees
Randgold Resources, Mali…
Bamako Regional Office N'golo Sanogo
COO West Africa
Chiaka Berthe
CEO
Dr DM Bristow
Executive Committee
GM Complex Loulo-Gounkoto
Tahirou BalloGM Morila Drissa Arama
Operations | Mine Employees | Total | Contractors | Total | Direct Employees | ||
Expats | Nat | Expats | Nat | ||||
Loulo | 111 | 1 785 | 1 896 | 34 | 1 040 | 1 074 | 2 970 |
Gounkoto | 3 | 143 | 146 | 28 | 1 089 | 1 117 | 1 263 |
Morila | 0 | 386 | 386 | 18 | 363 | 381 | 767 |
Total | 114 | 2 314 | 2 428 | 80 | 2 492 | 2 572 | 5 000 |
Successful development and nationalisation programme…
Since 2002, Randgold has enrolled an average of 17 employees per year in the University of Cape Town Graduate School of Business's Management Development (MDP) and Executive Development (EDP)programmes, with 21 participating this year
Management Development Programme - September 2018
Owner Mining …40 Malians occupy position previously held by expatriates
Young engineers recruited and mentored on good mining practice at site and in other mines
Capacity building sessions organised at all levels and in all areas
Unions participate in operational board meetings each quarter
Excellence bursaries awarded to 2 best students
Randgold Resources...
contribution to Mali economy
Randgold operations have contributed US$ 6.0 billion to the Malian economy in the form of taxes, royalties, salaries and payments to local suppliers in the 22 last years
Contribution to Malian GDPContribution to Malian
Economy
10%% of GDP
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
LouloGounkotoMorila
Dividends and Taxes paid to
State of Mali...
Randgold operated mines have paid US$ 2.5 billion in the form of
Dividends and Taxes to the State over 22 years
DIVIDENDS TO
RANDGOLDUS$ 955 millionDIVIDENDS, TAXES AND ROYALTIES TO
STATE
US$ 2.5 billion
Loulo-Gounkoto and Morila… environment
No major environmental incident recorded during Q2Mines remain ISO14001 certified156ha land rehabilitated this year with + 26,000 trees planted
Improved water management - more process water recycled reducing our fresh water intake to 0.153 /t from 0.193 /t in the previous quarter
Loulo cyanide management code conformity rate improved to 91% against 84% in 2017
Randgold Resources now included in both FTSE4Good and Dow Jones Sustainability Indices recognising the company's investments in sustainability
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Randgold Resources Ltd. published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 17:11:27 UTC