Randgold, AngloGold Owned and Operated Kibali Maintains Target for Commissioning Q4 2013

The giant Kibali gold project is targeting to commission its gold processing facility in the fourth quarter of 2013, almost two years earlier than originally intended, Randgold Resources' chief executive Mark Bristow said here today. Randgold (Nasdaq: GOLD), which is developing the project and will operate the mine, owns 45% of Kibali with AngloGold Ashanti (NYSE: AU) holding another 45% and the DRC parastatal SOKIMO 10%.