Randgold Resources Ltd. ADR (NASD: GOLD) is engaged in gold mining and exploration that are focused on West and East Africa.  RANDGOLD seeks to discover bulk tonnage gold deposits, either from phased exploration programs or the acquisition of early stage to mature exploration programs. In Mali, RANDGOLD holds interests in the Morila mine. In October 2005 the first gold was poured at RANDGOLD's new Loulo mine, in which RANDGOLD owns an 80% controlling interest, and work has commenced on the development of two underground mines, Yalea and Gara. In addition, RANDGOLD have a feasibility stage project in the neighboring country of Côte d’Ivoire, as well as exploration permits covering additional areas in Mali, Côte d’Ivoire, Burkina Faso, Ghana and Senegal and exploration licenses in Tanzania.

As of March 31, 2007, GOLD had declared proven and probable reserves of approximately 6.29 million ounces attributable to the company's percentage ownership interests. Outside of Morila SA, RANDGOLD hold exploration permits covering 3,000 square kilometers in the Morila region. The Loulo mine, in its first full year of production, produced 241,575 ounces of gold. Work on the underground development at the Yalea mine commenced and the first hard rock was blasted in December 2006. It is expected that the first ore will be accessed towards the end of the year and full production is scheduled for 2009. It is anticipated that Loulo’s second underground mine, Gara, will start in the beginning of 2009 and first ore will be delivered to the plant at the end of that year. The focus of exploration at Loulo is to continue to explore and discover additional mineralized material from the 372 square kilometer permit and to date success has lead to the identification of two additional targets, Faraba and Boboto, which are subject to further exploration.

The stock's price gained 25.5% over the past 3 months (vs. the Industry's 1.1%); 104.2% over the past 6 months (vs. the  Industry's 66.4%); and 98.2% over the past 12 months (vs. the Industry's 69.8%). RANDGOLD is classified as a mi-cap company (with a market cap of $3.08B) that is rated to outperform the market over the next six months with a Risk Level of 3 (Average). RANDGOLD was founded in 1985 and its principal executive offices are located at St. Helier, Jersey, Channel Islands. RANDGOLD has 1,440 employees.

Sector: Basic Materials; Industry: Gold & Silver; Ticker: GOLD;  Exch: NASD;  02/04/08 Closing Price: $44.19

SPECIAL NOTE:

1. Stocks you wish you'd bought. Randgold is one of those stocks. (Motley Fool; January 18, 2008)
2. Randgold profits dip, gold to boost 2008 earnings. (Mail&Guardian; February 4, 2008).
3. Market forces - why investors turns to gold. (The Observer; November 4, 2007).
4. In overdrive to $1,000 Gold. Randgold is one of the stock's recommended in this environment. (Barron's; October 1, 2007)
5. Gold, platinum leads commodities jump as investors shun stocks. (Bloomberg.com; January 9, 2008)

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